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Repossession
Income Garnishment
Florida

Can retirement wages be taken on voluntary repo of a vehicle in Florida?


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Wiki User
2011-09-12 15:53:43
2011-09-12 15:53:43

Yup!

If they sell the car and don't get what you owe, any income you receive can be considered viable income to pay off the difference on your loan plus any penalties or fees. Even social security and Disability

Related Questions

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Compulsory deductions are taken from your check whether you agree or not, such as happens with taxes. Voluntary deductions are those you ask for, such as money to be deducted and placed into your retirement savings account.

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You do not have to take possession of the vehicle in Florida. There are 49 other states in the Union.

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Can a vehicle be taken by the police for delinquent payments.

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Yes. It likely will be up to your retirement benefits to provide for you.


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