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Posted by Mandy 2 years ago In:

Mandy
Mandy Asked:

Can oweing a bankers credit card take Your home place? Also what does a assets hearing mean if You own Your place?

Can oweing a bankers  credit card take Your home place? Also what does a assets hearing mean if You own Your place?

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Pete
Pete Answered:

Hi,  No they can not take your home from credit card debts, unless you put your home or something else up as security.

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TheCreditTruth
TheCreditTruth Answered:

Credit cards are unsecured debt, they cannot take your home if you live in the US.  Other types of debt that are secured can repo your home.

Make the most of your <a href="http://www.thecredittruth.org/" rel="nofollow">free credit report</a> .
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