http://www.loanofficersuccess.com/newsletter/10_9_03tips.htm
Perhaps because, like Texas, these states severely restrict one of a creditor's most effective tools -- wage garnishment. Texas bans wage attachments except for child support, and the Carolinas have similarly strict laws.
In addition, Texas has some of the most liberal creditor exemptions in the country -- which means that creditors can't take most people's stuff. Texas doesn't allow creditors to go after residents' homes, regardless of value, as long as the property is less than 10 acres in a town or city or 200 acres in the country. One car per family member is also sacrosanct, as is personal property of up to $60,000.
They can only take whatever it is they have an order of repossession for - if the trailer is not included in their order of repossession, they cannot take it.
You really need to speak with a lawyer about this. It's all dependent on the bankruptcy laws in your state, what chapter you're filing for, etc. If the vehicle has an order for repossession on it prior to when you filed for bankruptcy, you may not be able to prevent it.
If they only have an order of repossession of the truck, then no. Otherwise, the trailer and backhoe would be considered stolen.
There are many different kinds of trash collectors are in America. There are hundreds and thousands of garbage truck trash collectors in America for example.
There is no licensing requirements to repossess cars in Arizona. The truck has to pass DPS inspection but that is it. So buy a truck and happy hunting.
Many truck accessories stores are found in Austin, Texas. Some of the stores are Custom Truck Outfitters, Advanced Auto Parts, and Texas Truck and Trailer.
The most common type of repossession notice when a person has not been making loan payments for a car or truck. If the lender does not receive payments, the vehicle may be towed away.
Only if the repossessor has an order for repossession of the trailer, as well. And even then, only under certain circumstances. If it's a commercial tractor trailer, and there's a load in that trailer, they may not take it, as the order of repossession does not cover the load, and they will face criminal charges if they do such.In the course of repossessing a vehicle, the repossession agency may not enter or move any vehicle (including a trailer) which is not in their order for repossession. They may detach a trailer from a truck being repossessed, but they can't actually take it.
Usually Repossession agencies look for Repoman that have their own truck with a wheel lift and show proof of insurance. Recovery agents should obtain a Class A license.
VERY MUCH affected. You AND Pop will be expected to pay the balance due after the lender sells the truck. Try to sell it yourself.
The first step in learning more about truck driver jobs in Texas is to first obtain your truck driver's license. After doing so you will be able to apply for truck driving jobs and learn more about them.
im not sure about Texas but in Wisconsin you have to be 18