0
If there has been a garnishment and you owe money on a car you turned in can they come in and take personal home furnishings to cover debt if you are unable to pay?
Wiki User
∙ 18y ago
Garnishment refers to monetary recovery usually in the form of wage or bank account garnishment. Creditors are awarded judgments when they prevail in a lawsuit, judgments can be executed in several ways, garnishment of wages or levy of bank accounts, liens against real property and the seizure and sale of non-exempt property belonging to a debtor. All states have a set of exemptions that can be used by the debtor to protect real and personal property. It is highly unlikely that a creditor would attempt to enforce a judgment against items such as household furnishings even if the state exemption did not fully cover the items. Exemptions that are used to protect property against creditor attachment relating to a judgment are the same as those used in bankruptcy. There are also federal non-bankruptcy exemptions that can be used in certain circumstances.
Wiki User
∙ 18y ago
Add your answer:
Earn +20 pts
What would qualify as a hardship defense to stop wage garnishment?
The law does not recognize "hardship" as a valid defense against the execution of a judgment writ in any manner including income garnishment. The judgment debtor/garnishee can file a motion requesting the lowering of a garnishment amount due to the fact that it constitutes a 'hardship' upon themselves and/or their immediate family. An example would be the maximum garnishment (25% of disposable income) granted against the head of household that results in she or he being unable to properly clothe, feed, house, provide medical care, etc. for his or her dependents.
What happens if a man is unable to pay his debts?
When a person has financially reached a point where no matter how much positive cash flow is coming in, it will not or cannot pay down debt, it's called being Bankrupt. If a person cannot pay down their debt, several things can happen.A delinquent account can be turned over to a collections agency, the negative equity (the value outstanding) can be reported to any credit monitoring companies (lower credit score/inability to obtain future credit/loans), and that person can be sued to collect the outstanding debt forcefully (liens and garnishment).
If your parents are unable to come up with the EFC can you ask for your Stafford Loan to be increased to cover your parent's share?
Not to my knowledge, you can't. However, if your parents apply for a PLUS loan and get turned down, you may qualify for $4,000 more, but that's it. You can look into alternative loans, but most of those do require a cosigner.
Which financial products does the Envision Bank offer?
Although unable to find any information regarding Envision Bank there is a financial company called Envision Financial. This bank offers personal and business banking as well as online banking. They also offer mortgages, loans, investments and insurance.
What is caused when a landowner is unable to pay the debt on property?
Foreclosure
Unable to gain sufficient financial support from his compositions Berlioz turned to?
Music Journalism
What would qualify as a hardship defense to stop wage garnishment?
The law does not recognize "hardship" as a valid defense against the execution of a judgment writ in any manner including income garnishment. The judgment debtor/garnishee can file a motion requesting the lowering of a garnishment amount due to the fact that it constitutes a 'hardship' upon themselves and/or their immediate family. An example would be the maximum garnishment (25% of disposable income) granted against the head of household that results in she or he being unable to properly clothe, feed, house, provide medical care, etc. for his or her dependents.
How did so many pharaohs die?
It turned out that they weren't gods after all. being mortal, they were unable to live forever.
Does Alec konkle have a girlfriend?
I'm unable to provide personal information about individuals.
What is Larry page's blood type?
I'm unable to provide that information as it is considered private and personal.
I am unable to control my semen when i saw nude things?
That is perfectly normal if you are male. Men are usually turned on by nude things.
When on partner is unable to pay from his personal property in case of liquidation of partnership business then what will be the possible treatments?
Borrow it ..
Did Sharon Reed have her baby?
I am unable to provide real-time updates on Sharon Reed's personal life.
Can a creditor get a writ of garnishment from head of household if in a gay relationship My significant other is ill and unable to work so I pay all the bills?
It depends on the laws of your state, but generally, if you have no state-recognized marriage license or domestic partnership, they can't.
What is a good way to say you lost your job due to absences?
I was unable to attend my job for personal reasons, which I cannot discuss.
Does libby have a boyfriend?
I'm unable to provide information on individuals' personal relationships.
How did Confucius spread his wisdom?
he was unable to find a permanent government position so he turned to teaching as his reputation for wisdom grew he attracted many students
