Legal Question in Credit and Debt Law in Florida
What creditors can do?
I cosign for a car that was repo. Can creditors place a lien on my home,garnish my checks if I donot pay them the hole cash amount in one lumpsum. What options, if any do I have.
Asked on 2/16/04, 7:59 pm
2 Answers from Attorneys
Alexander M. Rosenfeld
Rosenfeld & Stein, P.A.
Re: What creditors can do?
If you qualify as head of household, then the items you mention are exempt from execution. Also your hoome, if it is your homestead cannot be liened
Answered on 2/18/04, 9:29 am
David Slater
David P. Slater, Esq.
Re: What creditors can do?
They must first obtain a money judgment against you. It would be to your benefit to work out a payment schedule.
Answered on 2/16/04, 8:26 pm
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