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Can a creditor garnish wages if you send them a small amount of money?
Wiki User
∙ 14y ago
Yes, if the creditor chooses to sue the borrower and receives a judgment award the borrower's wages can be garnished.
Please be advised, once a lending contract has been defaulted the lender can take whatever action they choose, the fact that they may accept a lower payment then originally agreed on does not mean they cannot pursue a lawsuit.
Wiki User
∙ 14y ago
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Can the finance company garnish your wages for the amount of a repo?
IF they get a JUDGEMENT, they can. The amount of the repo is small compared with the remainder of the car loan but they generally sue for everything.You can fight it and counter sue to reduce the amount you owe.
What does chicken feed mean?
When referring to business or money, chicken feed means a small or insignificant amount of money.
What is the use of a miniorty small business loan?
The use of a minority small business loan is to give a small business a small amount of money which later will have to be re payed. These are mostly used when a business starts out.
You are being sued in small claims court by a third party debt collector can you contact the original creditor and pay them?
No, the original creditor has sold the debt and is no longer involved in the collection process.
How do you garnish wages if you are not a professional creditor?
The person seeking repayment of a debt files a lawsuit in the proper court of venue, usually small claims. If the plaintiff wins their case they can then apply for a writ of judgment which can be executed as a wage garnishment. Please be advised that all the laws of the state must be followed precisely in order for the plaintiff to recover the monies owed. There are also some states that do not allow wage garnishment by any creditor. Contacting the court administrator or clerk of the court in the county in which you reside should help you obtain the needed information.
Can a collection agency garnish your wages for a medical bill if they want the amount paid in full but you are only paying a small portion each month without a payment arrangement?
Absolutley, but they need to get a court order to do so, which they probably have or will. Unless both parties agree to a specific arrangent, the creditor is due the money owed as set by the terms of the original contract.
On your return date to go to court for your garnishment can you make arrangements to pay the debt instead of getting your paycheck garnish?
Yes and no. One can always make arrangements for future payments instead of getting wages garnished, however, if a person is at the point where a creditor has a judgment and is about to garnish wages, then that creditor probably will not agree to anything less than garnishment unless he gets a better offer. Garnishment offers a creditor gauranteed payments but they may be in small amounts and take a long time for the debt to be repaid. But still it is guaranteed. On the other hand if the debtor offers to pay a larger amount or offers to pay a substantial amount now and more later so that the debt is paid faster than with a garnishment, the creditor may agree to those "other arrangements" instead. If a debtor is able to pay a large amount, say 70%, of the debt immediately, the creditor will usually take it and forget garnishment. Creditors do not want to be bothered with weekly bookeeping from garnishments. They prefer to get money and go. This is why these smaller settlements are so often accepted. The creditor gets a good part of the debt and closed the file. Then it writes the amount it did not get as a loss and tatkes a tax deduction on it. Their other motivation is that interest on a judgment is usually at a rather minor rate. The creditor probably has some much better use for the money than collecting some small percent on the debt.
Can you garnish the person's wages for whom you co-signed a loan?
If you have paid the loan, you can file a civil lawsuit to try to get your money back and quite possibly garnish their wages. Depending on the amount you may be able to file in small claims court. You can visit the court to inquire about the small claims court limits in your state. You will need proof that you paid the loan.
Can an individual garnish someone else to get their money?
Ha Ha, yea right!!! You can take them to small claims court, but you still won't get your money. Kiss it goodby!!! Don't loan again....Unless you get equity in hand for the amount of the loan, even if it's a family member!!
Can the finance company garnish your wages for the amount of a repo?
IF they get a JUDGEMENT, they can. The amount of the repo is small compared with the remainder of the car loan but they generally sue for everything.You can fight it and counter sue to reduce the amount you owe.
A small amount of money in return for a service also a small amount of money in return for service is called ?
A fee? Or maybe a tip? Depends on the context.
What happens after a entry judgment is granted?
That pretty much depends upon how much the judgment is for. usually, if the judgment amount is small, then nothing happens except that you have a really negative mark on your credit report. If you attempt a purchase a home, the mortgage lender will force you to pay off the judgment before they will extend a mortgage loan to you. The judgment will appear on your credit report for a very long time and will negatively impact your credit score. If the judgment is for a relatively large amount of money, the creditor will most likely seek to garnish your earnings or attach monies in your bank accounts.
How do you get stuff for small money?
steal it DO NOT STEAL IT... u can go to a RESALE place where they sell things in small amount of money... ( i do that sometimes )
Garnish of mixed vegetables?
A garnish is a small portion of an edible food that is put on a plate to make the food more appealing. A garnish of mixed vegetables might be parsley with a few peas and carrots or onion.
Who can garnish your bank account?
A judgment creditor can levy a bank account for the entire amount granted by the judgment. This means if the amount equals or exceeds the balance of the account all the funds can be seized. The rules for enforcement of a bank account levy will vary throughout US states, the judgment debtor should seek legal advice to determine his or her legal options in such matters.
Small amount of money for incidental expenses that has the word pet in it?
petty cash
What does chicken feed mean?
When referring to business or money, chicken feed means a small or insignificant amount of money.
