Can your home be taken by a creditor

Missouri - Can a credit card creditor take your home if you are unable to make payments. My home is paid for and in both by husband's and my name. I can not remember if my husband was listed as a signor on the account but I am the primary account holder. Thanks.

[HomeGuru]

Originally posted by caprisis
Missouri - Can a credit card creditor take your home if you are unable to make payments. My home is paid for and in both by husband's and my name. I can not remember if my husband was listed as a signor on the account but I am the primary account holder. Thanks.

**A: no, at least not at this point. But, the credit card company can take you to Court and get a judgement.
Then file the judgement as a lien on your free and clear property. Then they could file for foreclosure of the property to get repaid.
Creditors just love to lien the homes and a bonus is when the property is free and clear. The lien automatically takes first position on title since there is no mortgage.