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Can a lender garnish wages after repossession in North Carolina?
Wiki User
∙ 9y ago
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.
Wiki User
∙ 9y ago
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Can a creditor garnish your wages in Pennsylvania?
No They can not.....you are in one of the safe states. Texas and North and South Carolina along with Pa are safe states that can not garnish wages.
Can a credit card company garnish your wages in North Carolina?
No, N.C. law does not allow wage garnishment when it pertains to credit card debt.
Which states do not garnish wages?
North and South Carolina, Pennsylvania and Texas. The exceptions to wage garnishment in these states are..taxes, child support, Federal student loans, court ordered fines or restitution for debt incurred by a criminal act. According to the North Carolina Department of Labor's website, North Carolina Courts cannot order garnishments for debts other than taxes, child support, and student loans. However, if a court outside of North Carolina orders a garnishment for wages based on a judgment for credit card debt, North Carolina employers must honor the garnishment. Under North Carolina law, an employer may be ordered to withhold wages from an employee and pay them to a creditor for the following types of debts: taxes, student loans, child support, alimony, and payment of ambulance services in certain North Carolina counties. However, the courts of North Carolina are not permitted to order an employer to withhold wages for other types of debts such as car loans, credit card debt, and other personal debt items. While the North Carolina courts are not permitted to garnish wages based on these debts, creditors in other states may be able to get an order of garnishment under their own states' laws. It is not a violation of the North Carolina Wage and Hour Act for an employer to withhold an employee's wages if required to do so by law. If a court from another state issues a valid order under that state's laws requiring an employer to withhold a North Carolina employee's wages for payment of a debt, the employer does not violate the North Carolina Wage and Hour Act by obeying that order.
What states cannot garnish wages for debt collection?
North and South Caroline, Texas and Pennsylvania. These 4 states can not garnish for debt collection.
Can a debt collector garnish wages if they are not the original creditor?
Yes. If they sue the debtor and win a judgment the creditor or collector can execute the judgment in accordance with the laws of the debtor's state. Texas, Pennsylvania, South Carolina and North Carolina are the only US states that do not allow wage garnishment for creditor debt.
In North Carolina is a repossession company required to be licensed?
Yes, and insured.
Can a creditor garnish your wages in Pennsylvania?
No They can not.....you are in one of the safe states. Texas and North and South Carolina along with Pa are safe states that can not garnish wages.
Can the state of North Carolina department of revenue attach and garnish your social security benefits?
yes
I understand that there are four states where they cannot garnish your wages and Texas is one of them,is this correct?
Answer South Carolina, North Carolina, Pennsylvania and Texas, you are correct on Texas.
When a car loan is in default what is the proper procedure for a legal repossession in North Carolina?
http://www.ncleg.net/gascripts/Statutes/StatutesTOC.pl
What if your car is registered in North Carolina but you move to Florida under a repossession?
Ouch! If your vehicle is up for repossession and you have moved from any state to Florida, you may find it difficult to register it or any other vehicle in Florida until the repossession matter is settled. Additionally, you can be criminally prosecuted in Florida if you attempt to hinder the lender in securing their collateral. Further, the repossession agents in much of Forida are among the best in the country, and the ratio of camera cars is pretty high; your vehicle will be found, and they will take it, probably at the most inconvenient time for you.
What is the time span of a late payment until your vehicle will be repossessed in the state of North Carolina?
As many as your finance agreement specifies.
How do you get into repossessing cars if you are currently repossessing semi trailers in North Carolina?
email me for more info North Carolina TITLE STATE: Yes SECURITY INTERESTS: Shown on title held by lien holder. LICENSE REGISTRATION: North Carolina Division of Motor Vehicles, Vehicles Registration, 1100 New Bern Avenue, Raleigh, North Carolina, 27696. Tel.:(919)733-3025. RECOVERY REQUIREMENT: As per UCC, repossession allowed without committing a breach of the peace. DOCUMENTS REQUIRED FOR LIQUIDATION: Title and Repossession Affidavit, Out of State Repossession titles and affidavits are accepted. PLATES: Remain with the debtor. http://www.ncleg.net/gascripts/Statutes/StatutesTOC.pl
In North Carolina can a repo man repo your car from a repair shop with a bill that is still owed?
Yes. A repossession agent can secure the vehicle anywhere he finds it with some limitations, provided he has a valid order for repossession.
Can a credit card company garnish your wages in North Carolina?
No, N.C. law does not allow wage garnishment when it pertains to credit card debt.
How long can a vehicle sit in your yard after a notice of repossession before you can claim it as your property in North Carolina?
Until the DMV will give you title to it. TITLE STATE: Yes SECURITY INTERESTS: Shown on title held by lien holder. LICENSE REGISTRATION: North Carolina Division of Motor Vehicles, Vehicles Registration, 1100 New Bern Avenue, Raleigh, North Carolina, 27696. Tel.:(919)733-3025. RECOVERY REQUIREMENT: As per UCC, repossession allowed without committing a breach of the peace. DOCUMENTS REQUIRED FOR LIQUIDATION: Title and Repossession Affidavit, Out of State Repossession titles and affidavits are accepted. PLATES: Remain with the debtor. Give them a call.
You work for a North Carolina company and am paid by their corp headquarters in North Carolina However you live and work in Missouri Which state garnish laws apply to any potential garnish?
If it's a legal corporation, they will have their business incorporated in both states. Missouri laws would apply. USA corporation law requires companies to incorporate in every state in which they do business.
