If i have huge credit card debt and am ssi and own no property can the cc companies do anything to me?

Question

If i have huge credit card debt and am ssi and own no property can the cc companies do anything to me?

Answer 1

If your only asset is your social security, it is protected by federal law from all creditors.  If you own your house or have a car or have other assets, then a creditor can try to attach them, assuming that they have a court judgment.

Answer 2

The worst thing they can do is sue and receive judgment against you.  The judgment doesn't look good on your credit and can remain on your credit report for a very long time.

Other than that, not much. SSI, like other Social Security benefits are protected by law from garnishment for credit card debt.  And there's no point in filing a lein if you don't own any property.

Answer 3

NOPE! not a thing. h**l, even if you work and don't pay them, there is no debtors jail in the USA and you, being on SSI - they can't touch your check. it will show on your credit report as not paid, but that's it. if you aren't going to buy a car, or a house, or something that needs financing, you are cool.

Answer 4

No,there is nothing that can be done.Since you have nothing how can they take anything?Your SSI is safe.They absolutely cannot touch that.