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.
They can levy bank accounts in most cases, they cannot garnish wages.
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.
A creditor can garnish wages or attach assets if they have obtained a judgment against the debtor.
If you owe a debt to a bank they can seek a petition from the court to garnish your wages.
If a court or the government required garnishment of wages, then it would not matter what bank the account was in.
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.
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.
garnish their bank account or their wages
After the lender gets a judgment they can garnish your wages but they cannot getyour house unless you used it as collateral for the car loan.
Our company that refinanced the vehicle is threatning to garnish wages and garnish our other vehicle (of which is paid for) and other assets.
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.
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.