No because they are not your parents and they are not supposed to spoon-feed you and pay your outstanding of awaiting bills even if it is your pension.
The lender will come after you for the remaining balance after the car is auctioned.You can either declare banckruptcy or work out a payment plan...or thelender can seek a judgment to garnish your wages.
If you default on a loan and Ford sues you, it can garnish your wages if it wins the lawsuit.If you default on a loan and Ford sues you, it can garnish your wages if it wins the lawsuit.If you default on a loan and Ford sues you, it can garnish your wages if it wins the lawsuit.If you default on a loan and Ford sues you, it can garnish your wages if it wins the lawsuit.
Oklahoma State law is very clear that if a lender does not re-pay their loan, Payday Lenders may ONLY have a persons wages garnished by Court Order. So, the short answer is yes.
A private loan lender is a lender that is acting on behalf of a privately owned organization or business, as opposed to a government regulated or non profit lender.
If the the loan co takes you to court and obtains a judgment against you, yes, they will garnish your wages.
Yes, if the lender sues you in court and wins a judgment.
Not right away.Generally:The lender has a reposession company pick up the car and take it to an impound yard.The lender has the title changed to their name.The lender sell the car to a wholesaler, usually for the wholesale book value.From the proceeds the seller recovers the legal fees and the reposession fees. The balance of the money is credited to your account.Now the lender comes after you for the rest of your account balance. The can:Negotiate with you and settle for part of the money.Get a collection company to recover as much cash as they can from you.Take you to court and now the court can garnish your pension to pay off the debt.
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.
The lender will come after you for the remaining balance after the car is auctioned.You can either declare banckruptcy or work out a payment plan...or thelender can seek a judgment to garnish your wages.
If you default on a loan and Ford sues you, it can garnish your wages if it wins the lawsuit.If you default on a loan and Ford sues you, it can garnish your wages if it wins the lawsuit.If you default on a loan and Ford sues you, it can garnish your wages if it wins the lawsuit.If you default on a loan and Ford sues you, it can garnish your wages if it wins the lawsuit.
because it benefits both the lender and borrower.
No. All SS benefits are protected by federal law and are exempt from garnishment by judgment creditors.
Oklahoma State law is very clear that if a lender does not re-pay their loan, Payday Lenders may ONLY have a persons wages garnished by Court Order. So, the short answer is yes.
The lender can sue for the amount of the loan (including interest and late fees), and any legal fees (such as court filing fees and attorney's fees). They COULD garnish wages and repo any collateral used to "get" the loan.
No. If you were not approved for the loan, no loan was made and therefore you don't have any responsibility to the lender.
A private loan lender is a lender that is acting on behalf of a privately owned organization or business, as opposed to a government regulated or non profit lender.
Yes when you pay off your auto loan the payment should be made to the lender. In fact all auto loan payments should be made to the lender who financed the loan.