If they have followed the laws and have a court order, yes.
That's the point. They want the money, not the car, so they garnished your wages to pay that loan. Keep it, drive it, enjoy it. If you want to sell that car, any money would FIRST go to pay that loan and you could keep any cash left over.
It is not going to happen. There is a process that these companies follow. They would first put it into collections, then sell it to a collection agency. That is way to low for even a collection agency to take you to court. The original creditor will just write it off. You have nothing to worry about unless you get a summons to go to court, which I gurantee that will not happen.
A Writ of Replevin is a court order for the debtor to turn over the property. If the debtor doesnt do so, the debtor is in contempt of the court. What happens to people who are in contempt of a court order? They retire to more peaceful surroundings to consider their need to obey the court order.
not normally the contract is with yourself, not them
Although late payments (especially those over 60 days delequint) will have a strong negative effect on your score much like a repossession, the repossession will have a more severe, long-term negative effect than a late payment. Late payments dilute themselves relatively quickly as time passes - an initial 30 day late will hurt your score by about 50 points, but after a year this will diminish to about half, and will continue to do so over time, whereas a repossession's effects will take many more years to diminish. Also keep in mind that in the future, whenever you wish to purchase a new or used car on credit, you will have to disclose your repossession to the dealer. This may hinder your ability to attain such credit. If you feel you are unable to make a scheduled payment on your automobile, call your creditor and see if you can arrange a new payment plan. Repossession is a costly procedure and creditors would like to avoid it if at all possible. Communication is key - it never hurts to ask for assistance. Hope this helps!
Shoot you in the foot??? NO. They can attach other personal property you own.
You have to have gross wages over $3,000.00 annually
If there is a default judgment against you, you will be responsible for the charges. Your wages could be garnished if you do not pay or set up a payment arrangement.
When my car was rep'd, The finance company went to court and garnished my pay check for what I still owed on the car after they sold it at auction. This was in Kansas 10 years ago.
That's the point. They want the money, not the car, so they garnished your wages to pay that loan. Keep it, drive it, enjoy it. If you want to sell that car, any money would FIRST go to pay that loan and you could keep any cash left over.
Since a 'garnishment' of wages is a legal method for repayment of a legitimate debt it is EXTREMELY doubtful you would get any of it back. Is there some info missing from the question that would clarify WHY this might even be considered ?Because OP can actually be reimbursed for garnished wages collected during the 90 days prior to filing, provided the amount garnished was over $600 during that time. Plenty of case law to back that up. It's really something OP needs to discuss with the trustee.
Holding to how you asked the question: You seem to understand garnishment is generally legally available. If your "after" bankruptcy, it's over and there is no longer any protection by being in BK.
a voluntary repossession is where you turn over the vehicle instead of us having to come get it from you. www.aerecoveryandtowing.com
wages are variable cost reason being is that wages are being used over and over again and does not remain constant.
If a judgment creditor over charged you on a writ of garnishment increasing the interest and the amount to be garnished can the judgment be vacated?
If you owe back taxes, or owe the social security, have a judgment aginest you the taxes can be garnished.
YOU HAVE TO BE AT LEAST OVER 15 OR 16 TO DATE IN OKLAHOMA.