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Working in auto finance I'd have to say no, I have never seen that happen. Advice- you should never come to a point where you need to be thinking that. But if you should come in that situation it is best to communicate with the lender and let them know what is going on with you financially, a lot of lenders have options for the customer.
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∙ 12y ago
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Can a car loan company garnish your checking account or your wages in the state of South Dakota?
If the judge awards that as a method of satisfying the terms of the loan, probably.
Can a loan company reposses my car they do not have the transfer of lien on?
If that loan company loaned you money and you used the car as collateral and failed to make payments on time, they can, and will repossess the car.
After you've signed papers on the car and the auto finance company rejects you for a loan can you bring the car back and not try to get another finance company to loan you money for the car?
YES.
Can a car company garnish money out of your checking and savings accounts if you moved from Texas to Michigan?
It happened to us when we moved from Alaska to Montana. The bank thought the loan was in default becasue of the move and proceeded to take ou $6000 from our account to pay off the truck loan.
Can car dealerships garnish your wages?
If they are the originator of the loan, and you are in arrears, yes, they can.
What happens if you Car title loan in default and car is totaled?
Typically you need a car with insurance to get a title loan. If your car is totaled, the loan company are entitled to that money since they hold the title for your car.
Can you receive a car loan without a license?
== == NO. Why would a loan company give you money if you can't LEGALLY drive a car, of any kind?
Who can garnish ssd checks?
i cosign for a car am on ssd the car was rep ode now there after me to pay the loan
Can a credit car company garnish your wages in Utah?
yes they can
Can a car lien holder garnish your wages in Florida?
If you default on a car loan the creditor may obtain a court judgment that will enable it to garnish your wages. The rules are provided at the link below.
If your car was repossessed and you paid the loan off do you get the title?
If your car was paid off, then why was it repoed? Or if you mean you paid it off after it was repoed, then if the loan company accepted your money,then they have to give you the car and title back. I would call them and get it back or your money back.
Can they take money from my check for a car i don't have?
If you owe money on a car loan or are a cosigner for a car loan, yes.
