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Can they attach wages for balance of money owed after sold at auction?
Wiki User
∙ 14y ago
Yes, and they often do.
Wiki User
∙ 14y ago
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In Alabama how can a seller recover a court ordered balance if the vehicle is totaled and the buyer has no money and is not willing to make payments?
IF they have JUDGEMENT, THEY CAN GARNISH YOUR WAGES OR ATTACH OTHER PERSONAL PROPERTY.
When they sell a car at auction and do not get the amount you owe left on your loan can they make you pay the balance?
Yes. They can want you to pay and they can garnishee your wages, attach leins to your other property, but NO, they can't make you pay if you dont have a job or assets.
Can your wages be garnished for a car that was repossessed?
Yes, if there was a deficiency balance owing after the car was sold at auction. Your creditor would have to sue you and obtain judgment in order to garnish your wages.
Do they garnish your check after a reposession?
They will only if the remaining balance after the repossession and auction goes to litigation and the judge orders the garnishment of wages.
Can a creditor garnish wages and seize money from a bank account in Michigan?
A creditor can garnish wages or attach assets if they have obtained a judgment against the debtor.
If you retrun a car the is being repoed will your wages still be garnished?
If the lender has obtained a judgment against you, and garnishment has begun, yes. The lender will continue to garnish your wages until the balance of the debt is paid. This could include the remaining balance after the vehicle was sold at auction and all costs, interest, and penalties incurred by the repossession.
What happens if you let a car go back?
They will sell it at auction for pennies on the dollar and then come after you for the remaining balance. They will often sue you if you have a garnishable job and then garnish your wages if you refuse to pay.
Can wages be garnished after a repossession to collect the balance?
Can wages be garnished for the balance of an auto loan in the state of Delaware
Can a bank garnish your wages from a Texas repo?
Yes, if they have or obtain a judgment against you for the outstanding balance of the loan, plus collection fees, legal fees, repossession fees, storage fees, auction fees, and any unpaid balance. Essentially, you could end up owing much more than the original loan, and if (when) they obtain the judgment, you will have no say in how they collect it. they can garnish your bank accounts, attach other assets with court order, and garnish your state tax returns as well.
Is wages and salaries expenses on a normal balance account considered a debit or credit?
Wages and salaries both are expenses to the company and like all expenses normal debit balance these accounts also have debit balance as their normal balance.
How do you post wages payable into the trial balance?
credit
If your repossessed car is worth about 6000 and you owe approximately 25000 can your pay check be garnished for the balance after the car is sold?
In most states, YES. The lender can garnishee the signor AND cosignor wages and/or attach other personal property.
