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Repossession
Income Garnishment

What payments may you have to make if your car is repossessed and can they garnish wages?

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Wiki User
2004-07-23 11:16:37
2004-07-23 11:16:37

Payments are the entire balance due after the lender sells the car and YES, in most states they can garnishee your wages.

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No, but your car can be repossessed if you don't make the payments.

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If you have an agreement to pay an agreed amount and make those payments, garnishment is unlikely.

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If you are talking about the IRS garnishing wages the answer is no. They can only garnish the amount you make over 40 hours.

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A car can be repossessed in the state of New York if payments are late or defaulted. The only way to not get a repossessed is to make your payments on time.

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If you don't make your car payments.

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The only way you can have your car repossessed would be to not make any payments. If you have taken out a loan and have not made payments, they will take your car away.

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Technically you breached the contract with the lender if you did not make payments in 6 months. They actually have the right to NOT accept further payments from you. So yes, it can still be repossessed.

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You can contact the Internal Revenue Service and have them issue a tax lien, which will garnish your wages and-or paychecks. You can also consult with a consolidation company that will take on your debt and make monthly payments to them.

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Its usually 3 months when the bank starts the paperwork and harrassing you to make payments

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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.

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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.

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Yes. And that will help out their credit history too:)

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Only if you have failed to make the agreed payments on time.

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When a car is repossessed it usually means the owner is no longer able to make the payments. It is repossessed by the dealer or the bank in which to owner has the loan through.

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Sure, why not? Every time you sign a receipt you agree to repay the credit card company. If you don't make your payments, they have the right to get the money from you via garnishment.

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In the state of Nevada, if you do not make payments on a car you are buying, it can be repossessed with no notice given to you. Once repossessed, you will still be liable for all further payments even if the car is sold at auction to another buyer.

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The person who bought the car didn't make payments so the bank takes it back.

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Not for simply having your licence suspended. Now, if you lose your job as a result of it, and are unable to make your car payments, then it can be repossessed for nonpayment.

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YES. IF they couldnt, everyone would move to FLA. to let their car go back.. Good Try but NO candy ...

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Contact the lender who repossessed the car. You will have to make up all back payments and pay all fees associated with the actual repossession.

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If you don't make your payments, they can be repossessed, the same as any other vehicle.

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Will be repossessed, be patient. You either pay off, or pay off. No longer able to make payments. They will repossess the car and sue for the difference. Sorry.

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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.


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