Debt Collection
Commercial Bank and Checking Accounts

Can a car company garnish money out of your checking and savings accounts if you moved from Texas to Michigan?


Top Answer
User Avatar
Wiki User
2005-10-10 16:41:37
2005-10-10 16:41:37

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.


Related Questions

The State can place a lien on bank accounts and other assets. The lien freezes the account.

A garnish order is an order to confiscate part of a person's paycheck. Assets such as savings accounts, checking accounts, cars, and other assets can also be garnished.

Yes! Creditors can garnish a personal checking account. As long as the creditor has the checking account info they can garnish a checking account.

Yes. The garnishment law for Michigan is not to exceed 25% of the person's disposable income.

If you are served with lawsuit papers from a credit card company, contact an attorney immediately. If you wait, your time to answer the petition will expire and depending on the state you live in, that credit card company can obtain a default judgment to garnish your wages or your checking/savings accounts.

under Maryland Law they cannot garnish funds from a Jointly held account unless the judgement was again both owners. They also cannot garnish retirement or escrow account

No, in Michigan a hospital cannot garnish any federal wages or taxes. They can only garnish work wages that you earn on a regular basis.

If the judge awards that as a method of satisfying the terms of the loan, probably.

With a court order, yes, they can.

They can levy bank accounts in most cases, they cannot garnish wages.

A credit card company can garnish you wages if they successfully sue for the owed funds in court. They cannot garnish wages before going through the court system.

Yes, joint bank accounts are subject to garnishments or levy for debts of any or all of the account holders and regardless of who puts the money in.

A creditor can garnish wages or attach assets if they have obtained a judgment against the debtor.

Can not garnish in Texas or Penselvaina Can in other states

Can a collection agency garnish wages in the state of Oregon?

Yes, a finance company from Georgia can garnish wages even if the person lives and works in South Carolina. If the company got a judgement in court, they can garnish the wages in any state.

Debt collectors cannot garnish the SSD checks, but they can attach bank accounts. It's best to keep them separate.

I am a layman, but due to a lawsuit i had filed, my lawyer informed me that in Texas, you cannot garnish someones wages, but you CAN garnish where they put their money, such as bank accounts, etc. I am in the process of researching how to determine what bank accounts they have and what the procedure is, but the answer is yes.

You can take the company to court and have the court submit a judgment against the company. You can actually obtain your money from the company that refuses to submit the Garnishee Answer.

No. In the state of Texas a creditor cannot garnish your wages no matter how much is owed.

No, a company can't garnish a workman comp permanent disability check.

no, a credit card company can not garnish your taxes only a federal or state entity can. The CC company could have a lien placed on something of value, so that when that item (house, boat, car, motorcycle, furniture, etc) is sold, they are paid first from the proceeds.

Yes, a creditor can garnish a bank account in South Carolina. The creditor will have to obtain a judgment from a court before a bank account can be garnished.

Sometimes. The ability to garnish without a court order depends on the federal agency involved. The IRS, however, can always garnish wages and bank accounts without a court order.

Copyright ยฉ 2020 Multiply Media, LLC. All Rights Reserved. The material on this site can not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Multiply.