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Ellen, Attorney
Category: Bankruptcy Law
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Experience:  Bankruptcy Lawyer. Experienced.
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If someone owes $156,000 on credit cards, some charges are

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If someone owes $156,000 on credit cards, some charges are cash advances, $145,000 in medical bills and now has no job and $1,700.00 per month in SS, no savings. One house in fl and car in fl. , no stocks. What can creditors do to me?
Submitted: 7 years ago.
Category: Bankruptcy Law
Expert:  Ellen replied 7 years ago.

Thank you for your question.

The creditors can file suit against you to obtain judgments. Once the judgments have been obtained, they may be able to execute against your car, depending upon the amount of equity, to satisfy the judgment.Your house and Social Security would be exempt from the creditor's claims in Florida
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