State of Florida


I had a loan for $10,000 from HSBS. I was paying them just fine until they doubled my interest rates then tripled my payments.

I have not made payments in a few months b/c they would not work out a payment arrangement that I could afford.

I have recently joined a debt consolidation company (first payment is next month).

I received a letter from an debt collection attorney yesterday re: this bill and they stated they could take my personal property if a judgement is won against me.

I thought in the state of Florida a debt collector can not take your home. Is this true?

I'm not sure what to do.

Thanks!