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Can wages be garnished for the balance of a loan in a voluntary repossession?
Wiki User
∙ 9y ago
Yes, they can be garnished for this reason.
Wiki User
∙ 9y ago
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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
What happens if you do not pay the remaining balance after a repossession?
You can be sued for the amount owed. Pursuant to that, you could have your wages garnished or be arrested for contempt if a judgment is placed against you and you refuse to pay.
Can wages be garnished over a repossession in Oklahoma?
If they have followed the laws and have a court order, yes.
Can wages be garnished for the balance of car loan if the vehicle was turned in for repossession in Maryland?
Yes. Even though the vehicle was repoed, they could take you to court for the remaining balance, or what they didn't recover through resale of the vehicle. You would be notified that you are being sued, and have the opportunity to go to court in your defense. If the court finds in favor of the lender (which they generally do), you could have your wages garnished. That may be the point where you have to decide if bankruptcy may be right for you. Bankruptcy would stop those proceedings and keep your wages from being garnished.
Can a lender garnish your wages and income taxes after repossession?
IF they have a JUDGEMENT for the balance due, they can garnishee your wages. Income taxes?? NO
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
In Ohio can your wages be garnished for a car repossession?
yes
Can your wages be garnished for repossession in Arizona?
YES, even in AZ.
What happens if you do not pay the remaining balance after a repossession?
You can be sued for the amount owed. Pursuant to that, you could have your wages garnished or be arrested for contempt if a judgment is placed against you and you refuse to pay.
Can Virginia garnish your wages for an auto repossession?
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.
Can wages be garnished over a repossession in Oklahoma?
If they have followed the laws and have a court order, yes.
Can wages be garnished for auto repossession in MD?
if your car is repossesed than it just goes ony our credit your wages wont be withheld
Can wages be garnished for the balance of car loan if the vehicle was turned in for repossession in Maryland?
Yes. Even though the vehicle was repoed, they could take you to court for the remaining balance, or what they didn't recover through resale of the vehicle. You would be notified that you are being sued, and have the opportunity to go to court in your defense. If the court finds in favor of the lender (which they generally do), you could have your wages garnished. That may be the point where you have to decide if bankruptcy may be right for you. Bankruptcy would stop those proceedings and keep your wages from being garnished.
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.
If you live in Washington and you have 7 credit cards and approximately a 70000 total balance on all of them what are the chances of your wages being garnished if you do not pay?
One-hundred percent chance you will have your wages garnished.
Can a lender garnish your wages and income taxes after repossession?
IF they have a JUDGEMENT for the balance due, they can garnishee your wages. Income taxes?? NO
Can your wages be garnished for an auto lease repossession in Florida even if the leased vehicle has been turned in?
Yes, if there is still an amount owed.
