In most cases YES. You should talk to an attorney in your area for state specific advice.
Yes, if the lender obtains a judgment for the deficiency.
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Related Questions
Can a creditor garnish wages in the state of Florida?
Can a bank garnish your wages for a repo in the state of Florida
In Pennsylvania can a creditor garnish your wages or levy your bank account?
They can levy bank accounts in most cases, they cannot garnish wages.
Can your wages be garnished if you voluntarily repo your car in Texas?
YES No, wages can not be garnished in Tx except for the IRS, Student Loans, & Child Support.....They can however garnish a bank account if they get a judgment against you in court.
Can a bank garnish wages from a short sale home for the difference?
No. http://ezinearticles.com/?Can-a-Lender-Garnish-Your-Wages-When-You-are-Facing-Foreclosure?&id=923596
Can a creditor garnish wages and seize money from a bank account in Michigan?
A creditor can garnish wages or attach assets if they have obtained a judgment against the debtor.
Can a credit union garnish your pay?
If you owe a debt to a bank they can seek a petition from the court to garnish your wages.
Can you garnish a bank account at chase Manhattan bank?
If a court or the government required garnishment of wages, then it would not matter what bank the account was in.
Can a federal agency garnish wages without a court order?
Sometimes. The ability to garnish without a court order depends on the federal agency involved. The IRS, however, can always garnish wages and bank accounts without a court order.
Can a creditor garnish your bank accounts in Fl without notification?
The only way your bank account can be garnished--is if there is an court order. If they took you to court and receive a judgment against you, yes they can garnish your wages. Also, if you were summon to court but did not show up, it will be judgment by default and your wages and bank account can be garnised.
If you already have a judgment against some one how do you go about freezing their accounts?
garnish their bank account or their wages
Can a creditor garnish wages for an FHA loan in Texas?
Yes they can garnish and if you try to run from it eventually you will go to bank and your bank account will be frozen so best advice make as much effort as you can if you work with them they will work with you.
Can they garnish your wages for a repo in nc?
No you can only garnish wages for Taxes, student Loans, Child and spouse support, and payment of ambulance services in some cases. or If the federal or state courts make the employer garnish wage. Bank loans for Vehicle, house, or credit cards are usually not permisable for garnishing wages in NC. Hope this helps.
Can a bank take your other assets after repossession of vehicle in Ga?
Our company that refinanced the vehicle is threatning to garnish wages and garnish our other vehicle (of which is paid for) and other assets.
Condo that's going to foreclosure with a 2nd on it can the 2nd bank garnish your wages?
Probably. Any debt you owe, if unpaid for a period, can result in garnishment of your wages.
In Texas can your bank account be garnished?
I am a layman, but due to a lawsuit i had filed, my lawyer informed me that in Texas, you cannot garnish someones wages, but you CAN garnish where they put their money, such as bank accounts, etc. I am in the process of researching how to determine what bank accounts they have and what the procedure is, but the answer is yes.
What could the bank do to us if we owe twice as much on our van than it is worth and we turn it in voluntarily?
Garnish your checks, lien your house.
In the state of South Carolina can your wages be garnished or bank accounts frozen for a judgment from a creditor?
NO. In S.C. they can not garnish your wages if you have a judgement of a lien. It will go on your credit report, but no garnishments.
Can a bank garnish your wages for a car repo of 15K and how does it affect your credit?
YES, unless you are in a state that doesnt allow garnishment.
Can the IRS garnish a state disability pension?
Unfortunately, yes. There are not funds that are exempt from IRS seizure or garnishment for tax arrearages. The IRS does not need a court order to levy a bank account or garnish wages.
If you are working and your income is reported on a 1099 can the bank still garnish your wages?
Not likely, unless you get a REFUND. Or stay in one place tooo long.
How long does it take a creditor to garnish your wages?
Time to GarnishmentThe creditor first has to get permission from the courts to do so. It takes up to two years for the process. But it could take as little as six months. In Texas they can't garnish your wages at all.True, in Texas creditor's can not garnish your wages, but once the money is deposited in to your account, is not wages anymore and yes only after a judgment creditor's can freeze your bank accounts! If you are being sued, contact an attorney and and get legal advice. Filing for Bankruptcy will stopped everything.
If a car is turned back voluntarily and then sold at an auction for less than was owed how can you pay the difference if you couldn't even make the payments What will the company do?
The bank/ loan co. will usually work out a payment plan with you or they willseek a judgment against you and try to garnish your wages(if you are working).The key to dealing with them is to get everthing in writing and to document they're dealings with you i.e. phone log,record their phone conversations with youetc.
Can you garnish a strippers wages?
If she receives a regular paycheck, probably. If she only gets tips, probably not.Answer #2 - If you have a civil judgment against a stripper, it is virtually impossible to garnish her tips. However, you can go after her bank accounts, and her personal property.
Can be charged with a felony if i don't pay off my payday loans?
No, but your credit will be ruined and the loan company can garnish wages, take tax refunds, and get into your bank account.
If you owe debt and you and your spouse have separate bank account can the debtor garnish wages from your spouse bank account?
That depends on the nature of the debt and the laws of your state. You should seek the advice of an attorney to discuss your exposure.
