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Yes, if the lender wins a lawsuit judgment they can execute the judgment as a wage garnishment. Georgia follows federal garnishment guidelines of a maximum of 25% of disposable income with the first $154.50 (weekly based) being exempt from garnishment action. A valid garnishment is generally imposed until the debt is paid.
What else can I help you with?
Can a lender garnish wages after repossession in North Carolina?
Yes a lender can garnish your wages after a repossession. If the resell value of the item does not cover the cost needed to repay the lender, you are still responsible for paying the balance.
Can they garnish your wages for a repo in IL?
The lender may garnish your wages for a judgment against a debt in Illinois, even after repossession.
Can a lender garnish your wages and income taxes after repossession?
IF they have a JUDGEMENT for the balance due, they can garnishee your wages. Income taxes?? NO
Will SAFCO garnish your wages for a 12000 repossession?
Any lender has to get a judgment before they can garnishee anyones wages.Then the debtor has to have wages before any lender can garnishee them. It is up to the lender whether or not they go that route in the collection process.
What is the statute of limitations on the lienholder trying to collect the balance of the loan after sale on a voluntary repossession of a car?
the same as an invol. Depends on your state laws. If the lender has gotten a judgement, it could be a long while.
Can a collector garnish your wages in Georgia for a car repossession?
Yes, after due process is followed in accordance with the laws of the state.
If you have a voluntary repossession and the vehicle sells for less than owed can the lender garnish your wages for the difference?
YES, in most states under most conditions.
Can a lender garnish wages after repossession in North Carolina?
Yes a lender can garnish your wages after a repossession. If the resell value of the item does not cover the cost needed to repay the lender, you are still responsible for paying the balance.
Can they garnish your wages for a repo in IL?
The lender may garnish your wages for a judgment against a debt in Illinois, even after repossession.
Is the voluntary relinquishment of a vehicle by the borrower as damaging as a lender's repossession?
Yes, it is the same thing.
Can a lender garnish your wages and income taxes after repossession?
IF they have a JUDGEMENT for the balance due, they can garnishee your wages. Income taxes?? NO
Can a lender garnish your social security income after a repossession in Arizona?
No. All SS benefits are exempt by federal law from creditor attachment.
Will SAFCO garnish your wages for a 12000 repossession?
Any lender has to get a judgment before they can garnishee anyones wages.Then the debtor has to have wages before any lender can garnishee them. It is up to the lender whether or not they go that route in the collection process.
Can you set up payments for what is left after a voluntary repossession and the vehicle is auctioned?
You can always make an offer, but its up to the lender whether its accepted.
How long after you have a voluntary repo can the lender hold you responsible for the remaining balance in South Carolina?
== == I know they can't garnish your wages but not sure about liens.
In Oklahoma can a lender garnish wages for a car repossession?
YES AWG is authorized by a Federal law (20 USC � 1095a), which specifically preempts State law.
Are the Lender of a repossession allowed to charge a storage fee and a repossession fee in the state of California?
In the state of California, the lender of a repossession may only charge fees that it incurs and that are in the contract. If the lender pays for the storage or houses the repossession, then yes, the lender is allowed to charge both a repossession and a storage fee.
