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Can a creditor's lawyer place a lien on a financed vehicle in the state of Texas?
Wiki User
∙ 12y ago
When you signed the contract to finance the vehicle, the creditor put a lien on the vehicle. In the rare event that this was not done, it can be done later in some cases.
Also, a creditor can place a lien on an already financedvehicle if there is more equity in the vehicle than the amount of the original loan. Generally, a creditor who obtains a judgment lien against you can arrange to place that lien against any property you own in order to satisfy the lien.
Wiki User
∙ 12y ago
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Vehicle repossession in Texas and wage garnishment?
TEXAS PROHIBITS ANY CREDITORS FROM WAGE GARNISHMENT...THEY DO NOT ALLOW IT...THE ONLY PEOPLE THAT CAN GARNISH YOUR WAGES IN TEXAS ARE STUDENT LOANS, IRS, CHILD SUPPORT....YOU CAN GOOGLE TEXAS WAGE GARNISHMENT AND PRINT OUT THE INFORMATION...
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