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Why not let them have lien against my property
I have defaulted on a business credit card which is personally guaranteed. So, I am very much expecting the creditor to come after me for the amount. However, I am trying to figure out what the worse that can happen regarding this.
My home value has slumped and now worth less than half of its initial value. Even if the lender wins a judgment against me and puts a lien against my property they can’t actually get anything out of it. So, I was just wondering if I can let that happen and do nothin…
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