YES, who spread that rumor? LOL
Texas is a no garnishment state. Therefore they cannot garnish your wages for any reason.
Where do you get a car auction licenses in Texas
In the state of Texas, yes the creditor can follow for the deficiency balance.
Whatever the LENDER requires.
If i have a vehicle repossessed in the state of texas, is there anything that requires me to pay off balance after vehicle is sold at auction?
In Texas they can.
Yes, online payday loans are legal in the state of Texas. The state features very strict rules for lenders, so you'll have to find a lender that follows these laws properly.
Yes, there can be a big difference from state to state as well as bank to bank or lender to lender, so do your homework at Bankrate,com or texasbankingrates.com. Right now txcapital.com advertises 4.25% for a 15 year fixed loan.
Chris, I dont know the answer to the question YET. I will find out today. Email me latyer on and Ill have it for you. What does the lender "say" they will do???
I assume that you owed money on the car, defaulted, and the car was repossessed by the lender. At the time of auction, the title should have been transferred. The title should have been transferred when the car was sold. The auction house didn't handle the paperwork properly and will have a real mess to straighten out. But that does not entitle you to profit from the sale.
As of August 2014, Texas does have an anti deficiency law. Other states with the same law are Alabama, Arkansas, Delaware, and Illinois.
Nothing..... it is the responiblty of the lender to arrange someone in your state to repo the bike (or car). Keep your insurance on the bike just in case something happens to it in the meantime.
repossessing a vehicle is NOT tresspassing in any state. It is a LAWFUL reason to be on the property. READ your contract again, you likely gave the lender permission to do so.
Hello, As per the information I have..... In Texas, you can only be garnished for state taxes, not for private debt. :) Thanks! This is not legal advice, just a friend helping another :)
Texas is a state.
The Texas Toad was adopted in 2009 as the Texas State amphibian.Texas State Amphibian : Texas Toad (Bufo speciosus) .The official state amphibian of Texas is the Texas Toad.
The legal remedy for vehicle repossession is covered by UCC laws. Regardless of where the lender is located the car can be repossessed under the laws of the state where it was purchased or where it is now located, whichever means is most advantageous to the lender.
in Texas u cant
Yes, a charge off does not mean the debt is still owed and subject to collection by whatever means the lender decides is necessary.
what is the state of texas is
The State song is "Texas Our Texas".
The Texas state bird is the mockingbird. The Texas state flower is the bluebonnet. The Texas state tree is the pecan tree.
Tennessee is the sister state of Texas.
The state fruit of Texas is the Texas Red Grapefruit.
Texas was the 28th state.
There are no legal differences between the borrower voluntarily relinquishing a vehicle or the lender having to initiate repossession action (with perhaps the exception of additional monetary charges). If an outstanding balance remains on the original loan amount after the vehicle is sold at public auction the lender can file suit to gain a judgment against the borrower for the amount still owed. If a judgment is awarded the judgment creditor may execute it according to the laws of the state. This being the case it is possible for a judgment holder to place a lien against real property owned by the judgment debtor.