Yes, but they must take you to court first for settlement options.
AnswerIn Ohio they must first sell the repo at a public sale. If the vehicle is sold for less than you owe the bank may take you to court and obtain a judgment for the difference. After they win the judgment they can then enforce the judgment in a variety of ways, a lien on other property (your house), garnishment, etc. If the vehicle is sold for more than you owe, they are required to send you a check for difference.You do not owe money for a car if it has been repossessed, so your wages can't be garnished for that reason.
YES.
READ your contract.
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Yes, if there was a deficiency balance owing after the car was sold at auction. Your creditor would have to sue you and obtain judgment in order to garnish your wages.
No not in the state of NC - only for child support and taxes. Wanda Improve Credit, LLC
That's the point. They want the money, not the car, so they garnished your wages to pay that loan. Keep it, drive it, enjoy it. If you want to sell that car, any money would FIRST go to pay that loan and you could keep any cash left over.
personally that's more of a question for a lawyer to handle. if i were you i would speak to a lawyer its your best bet. good luck
yes
YES
In most states, YES. The lender can garnishee the signor AND cosignor wages and/or attach other personal property.
Yes, you can be terminated from a job for any justifiable reason. The repossession and garnishment are YOUR problems, not your employer's. * No, it is illegal for an employer to fire an employee because of his or her wages being garnished. Unfortunately, it is usually not difficult for an employer to come up with a plausible reason to discharge an employee in order to circumvent discriminatory practice laws.