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Call DCA's Consumer Information Center toll-free at 1-800-952-5210.In the Sacramento area call (916) 445-1254.

I bought a new Dodge Stratus and lost my job and can no longer make the payments because I have lost my job and have IRS debts that are more of a priority.

Thus, I want to do a voluntary repossession.

The loan is much higher than what the car is worth ($22k loan and probably $10k value) This was because I loaded additional funds on to pay off the loan on my old car as part of a divorce settlement.

My question is: what is the downside beside the major hit against my credit for 7 years? Can Ford Motor Credit hit me with a deficiency judgment and sue me or garnish wages when if I get a new job?

My question is: what is the downside beside the major hit against my credit for 7 years? Can Ford Motor Credit hit me with a deficiency judgment YES and likely WILLand sue me or garnish wages when if I get a new job?YES, unless you pursue the B/K route

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โˆ™ 2018-03-28 08:44:58
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Q: Where can you find California laws on repossession and wage garnishment?
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The maximum garnishment permitted under California is found under California laws and regulations.


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What are the laws in the state of Florida regarding car repossessions and wage garnishment for a repossession in the state of Florida?

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California statutes are organized into broad titles (i.e. Penal Code, Civil Code, etc.). Finding the applicable law on repossession depends on the type of property involved. For example, laws regarding car repossession are set forth in California's Rees-Levering Automobile Sales and Finance Act, Civil Code section 2981, et seq.


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What are the repossession laws in Wisconsin?

See the links below for the repossession laws and other information for Wisconsin.


Where do you find state laws regarding auto repossession?

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What are the laws in the state of Texas regarding car repossessions and wage garnishment for a repossession?

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Where can you find a wage garnishment template?

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