If you signed the wage garnishment yes
YES, in most cases. I have never heard of anyone having wages garnished to pay for a car loan (of course, I live in Texas, a debtor state, so it may differ elsewhere). Most places will just repo the vehicle.
Hello, Jamison here, Yes! Not likely though,,,,,,,, Unless its one of the BIG-3
Im not familiar with Colorado but in most states or at least in the states that I am aware of ,if you owe a balance yes they can garnish your wages to fulfill the obligation.
Yes, you can if they cannot garnishee your wages.
i dont think that i can
Yes, a repo is a repo whether you give it up or they take it.
They are not lying to you. A repo is a repo is a repo.
Yes, but only by an order of the courts brought by a motion from the plaintiffs for such wage garnishments to occur. The bank or collections agency can not garnish wages without the courts, and if they threaten to take such actions without intentions or ability they may be in violation of State and/or Federal collections laws.
Yes. They just can not garnish your wages for any monies owed afterwards. There are a number of other ways they can recover the balance however.
YES, who spread that rumor? LOL Texas is a no garnishment state. Therefore they cannot garnish your wages for any reason.
The "penalty" is a repo on your CR.,higher interest rates on future loans, and a possible judgement/wage garnishment against you. A repo is a repo is a repo in credit files.