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If you have a car repossessed can the loan company keep you from receiving a tax refund?
Wiki User
∙ 15y ago
Yes.
Wiki User
∙ 15y ago
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Can the car company that repossessed your car keep your personal property in it?
No Way. Its Your Stuff !
If a person had a car repossessed, and the sherriff dept, is garnishing wages, will this persons tax refund be effected?
If your wages are being garnished it will not effect how much you get back or pay in. Keep in mind though the garnishing authority could take your refund with a process called claim of right or offset.
What do you do once your car has been repossessed?
I have a welding machine on the truck they repossessed can they keep that?
Can the car company that repossessed the car keep you from leaving the property?
You're talking about the repossession agent, not the car company or dealer. And no, they have absolutely no authority to detain you. If they try this, file a police report.
If a company returns defective supplies that were purchased for by cash and receives cash refund is this transaction recorded in Cash Receipts Journal?
Yes, the transaction of returning defective supplies and receiving a cash refund would typically be recorded in the Cash Receipts Journal. The entry would involve debiting the accounts payable or purchases returns account for the amount of the defective supplies and crediting the cash account for the amount of the refund received.
Does a divorce decree keep a car from being repossessed?
No
Can a disabled person's vehicle be repossessed in Florida?
A disabled person's vehicle can be repossessed just as any other person's vehicle can be repossessed. You must make all payments on your vehicle if you want to keep it.
Can the IRS offset my ny state refund?
Typically, the Internal Revenue Service doesn't collect your refund if you owe them money. They will keep your federal refund.
Can a separated husband sign his wife's name on tax refund check and keep the refund?
yes, but it is illegal
Will sending a finance company a cease and desist letter allow someone to keep a car?
No. A C&D letter is simply a request to cease contact. The vehicle can legally, and probably will be repossessed.
Should you keep insurance on a repossessed vehicle?
Only if you intend to get it back.
What if you owe IRS but have a refund?
If you owe money to the IRS for prior years taxes, and you have a refund due to you on this year's taxes, the IRS will keep the refund and apply it towards the debt that you owe.
