My question involves collection proceedings in the State of: South Carolina
I am looking for a job and may have to move for one. But there are three judgments against me for about $5,000 each owed to two creditors. I have an estimated $25,000 equity in my half of the house which I own as TIC with my spouse.
One of the two creditors is offering to settle one of the $5,000 debts for less than $2,000.
I can't afford that right now. But if I get a better job out of state, could I move, settle, remove the liens, and then rent the house out? Or would they foreclose on the liens before I could do that?
And am I obligated to tell them if I move? If so, how soon?