What is the name of your state (only U.S. law)? Pennsylvania
I am a senior citizen living on social security with very little in savings. I am paying for a truck that I cannot afford and I will soon be unable to make any more payments if I want to eat and pay my utilities. I did a reverse mortgage on my house and bought precious metals. Right before the election I bought $100,000 more in precious metals with my credit cards thinking that I would make a lot of money after Hillary was elected. The price of the metals is dropping so I sold them back and took the money to the casino to make a killing and lost it all except for a few thousand.
I now owe the credit card company and the auto loan company $152,000 and can't pay. I'm told that my social security is safe from a lien and my house can't be taken as long as I'm living in it. But can the creditors come to my house and sell my belongings? Is my TV, furniture and jewelry safe? Thanks.
I am a senior citizen living on social security with very little in savings. I am paying for a truck that I cannot afford and I will soon be unable to make any more payments if I want to eat and pay my utilities. I did a reverse mortgage on my house and bought precious metals. Right before the election I bought $100,000 more in precious metals with my credit cards thinking that I would make a lot of money after Hillary was elected. The price of the metals is dropping so I sold them back and took the money to the casino to make a killing and lost it all except for a few thousand.
I now owe the credit card company and the auto loan company $152,000 and can't pay. I'm told that my social security is safe from a lien and my house can't be taken as long as I'm living in it. But can the creditors come to my house and sell my belongings? Is my TV, furniture and jewelry safe? Thanks.