answersLogoWhite

0


Best Answer
Copy

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.

User Avatar

Wiki User

โˆ™ 2015-07-15 18:33:38
This answer is:
๐Ÿ™
0
๐Ÿคจ
0
๐Ÿ˜ฎ
0
๐Ÿ˜‚
0
User Avatar

Add your answer:

Earn +5 pts
Q: Can the collectors put a lien on your wages and a truck that you own for a prior repossession in Texas?
Write your answer...
Submit

Related Questions

How do you become a repossession agent in Minnesota?

To become a repossession agent in Minnesota a license from the state is required. A tow truck and license to operate it are also needed.


Can a trailer be taken that is attached to a truck being repossessed?

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.


Can a backhoe and trailer be taken with repossessed truck?

If they only have an order of repossession of the truck, then no. Otherwise, the trailer and backhoe would be considered stolen.


How many trash collectors are in America?

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.


What happens to your semi truck that is finacnced im a sole proprioter truck driver can you keep the truck to keep working when i file for bankruptcy?

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.


Where can one find a truck accessories store in Austin Texas?

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.


How do you get a repossession license in AZ?

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.


What is repossession notice?

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.


Is it legal in Texas to drive a truck with the tailgate down?

yes it is legal to drive your truck in Texas with the tailgate down.


Can a truck be repossessed with a trailer hooked to it?

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.


How do you become a Repossession Agent or Repoman in Miami FL?

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.


Where can you learn more about Truck driver jobs in Texas?

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.


Is it illegal to ride in the back of a truck in Texas?

im not sure about Texas but in Wisconsin you have to be 18


What is a portable platform a coffin is placed on prior to burial'?

a church truck


If you do a voluntary repossession on your truck will your dad's credit be affected as the co-signer?

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.


What is special about the Repo Truck company?

There is no company with the name "Repo Truck", but "repossession" of a vehicle simply means the financial lending company "takes back" the vehicle, because monthly payments on the vehicle have ceased.


Can you carry a gun in a tow truck in Texas?

Yes


How old to ride in the back of pickup truck Texas?

Texas state law says 18


How do you start a repossession business in Texas?

Does the word M-O-N-E-Y ring a bell? LOL Decent truck=$25K,INSURANCE(IF you can get written)$15Kper year office= phone lines,computer,faxes,cell ph,files,5-10K. AFTER you get all that, do you have CLIENTS???? Are there other repo companys servicing your area? You dont want a price war to start with. LAWS. Do you know them? FDCPA, G-L-B,FCRA, ect.... Texas TITLE STATE: Yes SECURITY INTERESTS: Shown on title held by lien holder. LICENSE REGISTRATION: Texas State Department of Transportation, Division of Motor Vehicles, 4000 Jackson Ave., Austin, Texas 78738. Tel.:(512)465-7611. RECOVERY REQUIREMENT: As per UCC, repossession allowed without committing a breach of the peace. DOCUMENTS REQUIRED FOR LIQUIDATION: Repossession affidavit (D12-264) if Texas title; out of state repossession affidavits accepted. PLATES: Remain with the vehicle. http://www.capitol.state.tx.us/statutes/statutes.html If you have more specific questions, email me. Good Luck


What are the repossession laws in Delaware?

My truck was reposessed and the repo company dragged my truck out of my gravel driveway and ruined the driveway. Plus they took my truck to another state almost 3 hours away. I plan on getting the truck back but I wonder if I have a case for compensation for my driveway and any damages to my truck by being dragged, and it being taken to another state?


What is the difference between the Dodge Ram Longhorn Big Horn and Lone Star truck's?

Same truck, the lonestar ones were only sold new in Texas.Same truck, the lonestar ones were only sold new in Texas.


What is a tow truck operator?

A Tow Truck Operator is a person who operates a tow truck, or wrecker. In the State of Texas you must be licensed to perform these tasks.


What insurance companies will insure a lifted truck in Texas?

Any insurance companies which offer services in Texas will.


How Do you Ship a truck from New Yorkk State to Texas?

By railroad .


Is the Chevy s10 Durango a collecter truck?

I would not think so. It was just a trim package called Durango. I cannot see how this would ever be a truck collectors would covet.