Question:
Dear Steve,
Have two old balances from 2005 with Capital one. Had no job and couldn’t pay them.
Capital One put a judgement on me through lawyers and now the lawyers say that my accounts have been closed. Do I still owe them the balances if I sell my house?
Reyne
Answer:
Dear Reyne,
Yes. But if the judgments were turned into liens against your real property, they would be satisfied at the real estate closing for your house when you sell it.
Sincerely,
You are not alone. I'm here to help. There is no need to suffer in silence. We can get through this. Tomorrow can be better than today. Don't give up.
You are not alone. I'm here to help. There is no need to suffer in silence. We can get through this. Tomorrow can be better than today. Don't give up.
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Steve Rhode is the Get Out of Debt Guy and has been helping good people with bad debt problems since 1994. You can learn more about Steve, here.
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Always complicated. Especially so when the question contains so little information.