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They cannot be taken without due process in the US. They can certainly be garnished or a lien put against them if the court has ordered it. It should be fully explained to you prior to it happening.
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In a foreclosure can they drain your bank accounts?
Only after the sale of the propery comes up short of what youowed. They can sue for recovery of your debt minus the amount the property sold for and win a judgment that will allow them to look for your assets. And possibly - then drain your bank account, take your car and condos in Florida.
John buys a car for 2500 he uses 50 percent of the money in his bank account to buy the car how much was in his account to start with?
5000 dollars
If your car loan statement says the bank closed the account in 1999 can you have this repossession removed from your credit report?
Chances are good the bank sold the account to a collection agancy. Contact a local attorney for state specific info.
If your car was repossessed does the car loan company have the right to put a hold on your bank account then over draft it?
no the only thing they can do is take it out of your paycheck. Even In New York State
Can the mortgage company seize your IRA or annuity account in Florida?
My mother is 75 and is facing foreclosure on her property. She is concerned of what the mortgage company can seize of her personal property, especially her IRA, annuity and car. What are they legally allowed to take?
Do you have to have a bank account to buy a car?
No.
In a foreclosure can they drain your bank accounts?
Only after the sale of the propery comes up short of what youowed. They can sue for recovery of your debt minus the amount the property sold for and win a judgment that will allow them to look for your assets. And possibly - then drain your bank account, take your car and condos in Florida.
Can you get car insurance without a bank account?
Yes. Having a bank account is not a prerequisite for obtaining auto insurance coverage.
Can a car be taken to pay off credit card debt?
Yes. A car can be taken for a credit card debt if the creditor sues you in court, is successful and obtains a judgment lien. The creditor can use that judgment lien to take any property you own including your home and your car and your bank account.
Can the bank charge you for a repo fee if your car was never taken?
Bobby, look at your contract. It likely covers what fees they can charge. The repoman charged the bank, the bank charged you. It all went on your account. The repoman had to get paid for coming to your house, right? We dont work for free.
Can you buy a car after foreclosure?
no
John buys a car for 2500 he uses 50 percent of the money in his bank account to buy the car how much was in his account to start with?
5000 dollars
Can the bank take your car if it is not paid for after foreclosure?
yes yes yes yes yes yes yes yes yes yes yes yes
If your car is repo'd in NC can they take your home or 2nd car or money in your bank account?
no they cannot.... no they cannot....
Can bank hold on to your car title as collateral on a bank credit card went the car loan was paid off prior to bankruptcy?
The bank should not have your car title if it is paid off. If you declared bankruptcy and it was discharged, your bank credit card account should be dismissed.
What is the account entry should do for a car company which is installment?
The account entry that you should do for a car company, if it's an installment payment, is a debit. This means that you have paid the bill and you deducting it from your bank balance.
What is wet weight?
The weight of a car or motorbike when petrol, oil and other fluids are taken into account.
