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Numerous Calls

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  • Numerous Calls

    I have three credit cards which combined have an outstanding balance of about $20,000. I have not been able to make any payments on them in a little over a year now and needless to say, I am getting numerous calls from collectors every day about it which I am avoiding since I just don't have the money to pay them and I don't know what to tell them. What I'm really concernd about and what I want to know is: Can they eventually put a lien on my residence if I can't come up with the money to pay them soon? If so.., what will happen if they do put a lien on my residence? Is there any way out of this situation that I'm in?
    Tags: credit, money

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