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April 16, 2011

Can a credit card company put a lien on my house for debt that I owe to them?

No, unless your debt was secured by the house. Most all credit card debt is unsecured debt. A creditor cannot take your house for unpaid unsecured debt. If a creditor comes to you later and asks you to sign something that puts your house or car up for collateral for your current credit card debt, DO NOT sign it. If you think that you might want to sign this agreement, at least consult a Jacksonville consumer law attorney first to know your legal rights and the consequences of signing such an agreement.