Tuesday, October 13, 2009

I owe money to a auto loan company Can they garnish my wages if I don't pay what I owe them?

They would have to take you to court and win. Only the courts can garnish your wages.



I owe money to a auto loan company Can they garnish my wages if I don't pay what I owe them?

no not a chance! only government related situations like alimony, taxes, stuff like that. thats the only way they can garnish anything.



I owe money to a auto loan company Can they garnish my wages if I don't pay what I owe them?

yes but they have to take you to court and notify you of it. File bankruptcy now.



I owe money to a auto loan company Can they garnish my wages if I don't pay what I owe them?

Not only can they garnish your wages, they will come and reposess the car...sell it at auction and you will be responsible for the difference of what they sell the car for and what is actually owed. This can be a bad situation. You will still owe on the car but not even have the luxury of having it. I suggest you get back on track and make your payments



I owe money to a auto loan company Can they garnish my wages if I don't pay what I owe them?

No they can't but they can repo your car and take it back



I owe money to a auto loan company Can they garnish my wages if I don't pay what I owe them?

A garnish is a substance used primarily as an embellishment or decoration to a prepared food or drink item.



garnishee (v.) To seize by garnishment: garnishee a debtor's wages.



So no, they won't garnish your wages. But when you purchase an automobile on credit, the lending company remains the legal owner of the vehicle. If you don't make payments as agreed, they can and will repossess the vehicle and sell it at auction. The cost of taking possession of the vehicle and attorney's fees will be added to the amount you owe. After the sale if there is a balance left that you owe, they can go to court and attach (garnishee) your wages for the amount owing. If you want to avoid this, make the payments.



I owe money to a auto loan company Can they garnish my wages if I don't pay what I owe them?

no but they can repo your car

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