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Some companies require you to pay fees that are cost to them to take the legal matter.
Wiki User
∙ 18y ago
Wiki User
∙ 9y agoA creditor can not garnish for more than they are owed. A creditor must have a judgment with a specific amount before a garnishment can be started.
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Can a payday loan company garnish your wages?
No. In the state of Texas a creditor cannot garnish your wages no matter how much is owed.
Can a credit card company garnish wages in state of Texas for a balance less than 5000?
No. Texas does not allow creditor wage garnishment, regardless of the amount owed.
Can the creditor garnish your wages for the balance of the loan owed to them after they sell the vehicle?
With FEW exceptions, YES. that is the lenders usual option to collect.
If you sell a car and you owe the creditor do you have to pay them the amount the car was sold for?
If you sell a car you owe a creditor a balance on, you pay the creditor the amount you owe him in order to get the title to the vehicle to turn over to your buyer. Anything over the balance owed to the creditor is yours to keep, assuming you sold it for more than you owed on it. If you sold it for less than you owe on it you will have to pay the additional amount out of your pocket to get the title.
When a supplier makes a downward adjustment in the amount owed by a creditor the creditor will?
increase the amount of the account payable to the supplier, and decrease an asset such as inventory.
what if a thirdparty creditor does not validate the debt but try to garnish wages anyways?
They cannot collect unless they prove: 1. the debt is valid. 2. that they have authority to garnish the wages on behalf of those owed.
Can a creditor take money you win in a law suit for a injury case?
You owe them money. If you have money, the source of that money does not matter, they creditor can place a lien or garnish payments or get a court order for what is owed.
Can a creditor report you to the credit bureau for 150?
Yes, they can report you for any amount they are owed.
How can you stop a lien from being filed against you?
You can pay off the amount owed to the creditor.
Can a creditor garnish your wages for a vehicle that they have repossessed?
Yes. There's a process they have to follow, which includes getting a court judgment against you. If you don't hold to that judgment (which is usually paying back the money owed), they can ask the court to garnish your wages.
Can credit card company garnish wages in Oklahoma?
Yes, if the creditor sues the debtor and receives a judgment, the judgment can be used as a wage garnishment to collect the debt owed.
How long is a levy valid?
Until the amount owed is paid in full or the judgment creditor agrees to a settlement of the debt.
