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The courts can if the debt wasnt repaid, the only way out is to setle or go bankrupt.
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Can a lender garnish wages after repossession in North Carolina?
Yes a lender can garnish your wages after a repossession. If the resell value of the item does not cover the cost needed to repay the lender, you are still responsible for paying the balance.
Can they garnish your wages for a repo in IL?
The lender may garnish your wages for a judgment against a debt in Illinois, even after repossession.
Can a lender garnish your wages and income taxes after repossession?
IF they have a JUDGEMENT for the balance due, they can garnishee your wages. Income taxes?? NO
Will SAFCO garnish your wages for a 12000 repossession?
Any lender has to get a judgment before they can garnishee anyones wages.Then the debtor has to have wages before any lender can garnishee them. It is up to the lender whether or not they go that route in the collection process.
Can a cosigner ask a lender to garnish the wages of the primary borrower?
A lender can't garnish wages; that has to be done by court order. That can be accomplished, but usually only after the lender has made the cosigner responsible for the debt and failed to collect. After all, that's the responsibility of being the cosigner -- to provide payment should the primary borrower fail to pay.
In Indiana if you get a foreclosure against you can they garnish your wages?
Yes, in if you get a foreclosure against you in Indiana, they can definitely garnish your wages. However, they can only garnish wages if it is ordered by the court.
Can a lender garnish wages on second mortgage?
Yes.
Can a lender garnish wages after repossession in North Carolina?
Yes a lender can garnish your wages after a repossession. If the resell value of the item does not cover the cost needed to repay the lender, you are still responsible for paying the balance.
Can they garnish your wages for a repo in IL?
The lender may garnish your wages for a judgment against a debt in Illinois, even after repossession.
If you turn in a vehicle to the lender in Arizona can the lender garnish your wages and if so is there a maximum percentage that can be taken?
25%
Can a lender garnish your wages and income taxes after repossession?
IF they have a JUDGEMENT for the balance due, they can garnishee your wages. Income taxes?? NO
Will SAFCO garnish your wages for a 12000 repossession?
Any lender has to get a judgment before they can garnishee anyones wages.Then the debtor has to have wages before any lender can garnishee them. It is up to the lender whether or not they go that route in the collection process.
Can a collector garnish your wages in Georgia for a car repossession?
Yes, after due process is followed in accordance with the laws of the state.
Can a second mortgage lender garnish wages in SC for a foreclosure where the first lien took back the collateral?
If they were not part of the foreclosure deal, meaning that they didn't sign off on the short sale, then the loan is still outstanding. I suppose you didn't make the requested payments, so they are following up by garnishing your wages for payment. Check in with a real estate attorney, but you probably have a choice between paying up or having your wages garnished.
Can a cosigner ask a lender to garnish the wages of the primary borrower?
A lender can't garnish wages; that has to be done by court order. That can be accomplished, but usually only after the lender has made the cosigner responsible for the debt and failed to collect. After all, that's the responsibility of being the cosigner -- to provide payment should the primary borrower fail to pay.
Condo that's going to foreclosure with a 2nd on it can the 2nd bank garnish your wages?
Probably. Any debt you owe, if unpaid for a period, can result in garnishment of your wages.
You live in Texas if you give your car bac to the bank what is the worst thing that can happen Can they garnish your wages or sue you?
After the lender gets a judgment they can garnish your wages but they cannot getyour house unless you used it as collateral for the car loan.
