Yes, you have to get a judgement first.
Yes. If the creditor receives a lawsuit judgment the judgment can be enforced as a wage ganishment.
Can wages be garnished for the balance of an auto loan in the state of Delaware
If you signed the wage garnishment yes
Your wages can be garnished for an auto repossession if there is a court order. All wage garnishment's must be obtained from the county court of your residence.
if your car is repossesed than it just goes ony our credit your wages wont be withheld
Yes providing an order has been signed by a judge.
Hello, Jamison here, Yes! Not likely though,,,,,,,, Unless its one of the BIG-3
Yes, in Tennessee, if a borrower defaults on an auto loan, the lender can seek a court order to garnish wages as part of the debt collection process. However, garnishment typically requires a court judgment against the borrower. It’s important to note that federal and state laws protect a portion of wages from being garnished, ensuring that borrowers retain enough income to meet basic living expenses.
That depends on if the lender uptained a judgment againt you. They would have sought a judgment if the value of the car exceeded the balance of the loan at the time it was reposesed. Some peole are stupid enough to intentionally make their car worthless if it's going to be reposesed. The differanc between the value of the auto and the loan is what the lender will go after.
Yes, if there is still an amount owed.
Yes, it can. And if the sale price of the auto is not enough to settle the debt, the remaining debt may still be garnished from your wages.
All banks in Florida, Georgia, the Carolinas, Virginia--wait!--All banks in every state will garnish your wages for unpaid balances for which they have a judgment. This is a common practice in the collection industry. And, if they can locate it, they will garnish your bank accounts and other assets as well.