Can credit card debt affect my foreclosure surplus? | NC

About this video

Q: Can credit card debt affect whether I receive surplus funds from a foreclosure sale? A: Yes — but usually only if that credit card debt became a legally enforceable claim, like a judgment. Ordinary unsecured credit card balances do not automatically attach to foreclosure surplus funds. The sale money is paid in order — first sale costs, certain taxes and assessments, and the foreclosed loan.…