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Can your wages be garnisheed in the state of Nc 2 years after the truck has been repossessed and sold at auction?
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∙ 14y ago
Yes they can
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∙ 14y ago
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If your truck is repossessed in Oklahoma is the finance company reqiured by law to get as much of the owed balance as possible.?
No. They will sell the truck at auction and it will bring what it will bring. You are then responsible for the balance.
How can I get my repossessed truck back in Indiana?
The only way to get a repossessed truck back in the state of Indiana is to pay the balance owed. Sometimes, you can contact the lender and make arrangements to get the truck back without paying the whole amount.
If your workers truck was repossessed and he had your tools inside how do you get your tools back?
ask the guy that repossessed your workers truck for the tools that were in that truckask the guy that repossessed your workers truck for the tools that were in that truck
How can you buy a repossessed truck?
Go to bank or other place that repossessed the truck. Pay cash for it etc
What happens when your truck is repossessed and both your name and your husband's name are on the title?
It may depend on your state. In Oklahoma, the vehicle (if not retrieved) will eventually be sold at auction, and the original contract holders (husband and wife in this case) will be responsible for any amount below "payoff".
What if repossessed truck doesn't sell at an auction?
then you still owe on it. you (as the debtor) are responsible for any remaining balance. when you don't pay that, you'll end up with a judgement and wage garnishment.
What do you do once your car has been repossessed?
I have a welding machine on the truck they repossessed can they keep that?
Are you still liable for the payments if your truck is repossessed in Alberta?
Yes you are
Does having the title to a repossessed truck give you any legal rights?
NO, the truck probably has been sold already and the lender got a repossessed title to sell it with. Of course they do make mistakes. LOL
What are your rights if your car is repossessed in Texas?
If your car has been respossessed, you no longer have the right to continue paying it off because they have lost faith in your ability to make payments. The bank has already paid about 500 to a tow truck driver to find and recapture the vehicle. However, you could buy it back at auction. See your bank for the auction date.
Can your truck be repossessed if you are using it for income?
Yes, your truck can be repossessed even if you are using it to earn an income, however, you can tell your creditor that you are earning money with your truck, and that if the creditor does not repossess the truck you will use that income to make payments on your loan. Of course, if you are not making payments, and spending all of your income on other things, then the creditor has no motive to let you keep the truck.
Can your federal tax refund be taken if you cosigned for a truck that was repossessed?
Legally, YES.
