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Can they attach your disability check or take your home if you default on your car loan?
Wiki User
∙ 19y ago
All Social Security benefits, including SSD are exempt from creditor action. Generally private disability or workman's compensation is also protected from garnishment by means of state statutes. The issue of seizure of one's home depends upon the state laws that govern the homestead exemption. Some states such as Florida have unlimited homestead exemptions others a set amount and/or laws prohibiting forced sale of a home. It is not possible to be more specific w/o knowing the state in which the person lives. Vehicles are considered secured property. The car would more than likely be repossesed. The borrower would be responsible for any deficiency amount if the vehicle is sold for less than the loan amount. Also any costs related to the recovery and sale of the repo'ed vehicle. If you believe I could be of further help, please feel free to email me.... macky83@juno.com
Wiki User
∙ 19y ago
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What if you default on a home equity line of credit?
A home equity line of credit is a mortgage. If you default the lender will foreclose and take possession of the property by the foreclosure procedure used in your state.
Can you go into foreclosure if you default on your second mortgage?
Yes. Your second mortgage is secured by your home, so if you default on payments, the lender has the right to foreclose.
What happens if you default on your reverse mortgage?
Its hard to default on a reverse mortgage because there are no payments due, so to default you have to move out of the home or rent it out, or not keep the property maintenance, taxes or insurance up. There is no default for the mortgage balance exceeding the home value. as a result there is typically no default for a reverse mortgage. However, if there is a negative equity position the borrower is still guaranteed to never make a payment as long as they live in the home. once they move or pass away the home can then be turned over to the lender who takes the loss on the loan if there is any, or if there is equity the home can be given to heirs who keep the equity in the home by selling it or refinancing it. (they will have 6 months from the borrowers passing to get this done) There is never recourse against the borrowers heirs for negative equity or loan defaults, nor is there recourse against the borrowers other assets.
Can your wages be garnished with a double wide loan default?
If you are referring to a mobile home loan default, and there is a deficit balance left after the home is sold, then yes...you can be garnished. Talk to an attorney and see if you can work out the problem, before you give up this home. There is more to this problem than you think! Good Luck.
Can a loan company place a lien on a cosigner's home?
They cant legally "threaten" to do do anything that they cant legally do, so the answer is YES, they can attach your home.
How do you make your first house in YoVille on Facebook your default house?
Go to the house you want to be your default home. On the top right, you will see the word "Home". Click on the word "Home". Click on the check mark next to "Default Home"
How can you set your dafault home in yoville?
You can default your home if you will set the settings to "set as default " after visiting the desired home to be the default one.
How do you make a new house default on the new Yoville?
In the upper right hand corner of the play screen, you'll see the current home name of where you are. Click it and then check the box for default.
On Yoville how do you switch houses that your friends view?
Go to the house you want to be default and at the bottom where it says "Your House", or "Your Apartment", click on it and there will be a check box that says default home. Make sure that you save it!
What is the default directory for the user's home directory?
The default home directory is /home/user (where "user" is the username), sometimes shortened to "~".
How do you delete your apartment on yoville?
You can't but you can change any other house you get, it to the home everyone goes to when they visit you, by clicking on where it says your home. Then check the box that says default home, then click save changes.
What is the default home page?
The default home page of a browser is the first page. It is the link which opens up first when loaded.
disability grants?
am looking for disability grants, home repair grants and assisted living grants
How can you see if your home is in foreclosure?
A notice of default will be filed with the county. Prior to that you would have to call the lender and check. It may take some time for the notice to get filed.
Is being pregnant considered short term disability and entitled to a medical leave of absence?
Being pregnant by itself does not constitute a disability. If you suffer from one or more complications of pregnancy and your doctor orders you to stay home from work, then short term disability will cover that disability. If your occupation has many physical demands, and your healthy pregnancy prevents you from performing your job duties, then short term disability may pay a benefit. Check your policy for specific language.
Will the government repossess your home for student loan default?
No, they will not.
What is the default page?
The default home page of a browser is the first page. It is the link which opens up first when loaded.
