I recieved a letter stating that there is a Default Final Judgement on me and I need to pay them..but I cant afford it right now. Can they take the vehicle I own? or garnish my wages? Can they do anything? Ultimately what does it mean? I got the car at a buy here pay here..and returned it back to them when I recieved a new car as a gift from my grandparents. They then sold the car for 800$ and told me I had to pay the balance..I've been struggling for a year making payments and I just had a baby so I really cant afford the payments right now..so I stopped paying it...and I got this letter....it scared me..am I in trouble?
2006-06-26 00:45:08 · 4 answers · asked by *~Callie~* 1 in Politics & Government ➔ Law & Ethics
If the letter was from a court, there is a judgment against you. They may be able to get a court order garnishing your wages or your bank account. They can not take any other property you own, unless they have a court order. Courts do not often order the seizure of non cash assets, If it was not from the court, it most likely was an attempt to scare you into paying.
Look for small print at the bottom. If it says "this is an attempt to collect a debt............" then it is just a collection attempt.
You still owe the money, and should do everything you can to pay it back. Send the dealer something, even if it is not a full payment, every month. The best way to solve this problem is to pay what you owe.
2006-06-26 00:59:56 · answer #1 · answered by fire4511 7 · 1⤊ 0⤋
I'm an attorney in California and I collect on judgments as part of my practice. The laws on collecting judgments vary from state to state and you best best is to consult with a local attorney. Not all states allow wage garnishments. Most allow bank levies and many other types of enforcement procedures. If you can own it, there is usually a way to go after it. Finding it is the hard party.
I have an article on my website if you care to see how the process works in California. Check out the link below.
2006-06-26 08:39:51 · answer #2 · answered by Carl 7 · 0⤊ 0⤋
i don't believe they can take your car. you are responsible for the part that they are short. it will go to collections and if they get a lawyer and take you to court you may have your wages garnished. but you can in court tell them you can only afford so much ....$25.00/ $50.00 a month. or talk to them and let them know what you can do. some places will settle out for half of what you owe....
2006-06-26 07:53:33 · answer #3 · answered by Chocolate_Bunny 6 · 0⤊ 0⤋
You can try and work out a deal witht he finace company but other than that they will come get the car sell it then you will still be responsible for the balance if they sell it for less than what you owed on it
2006-06-26 07:49:55 · answer #4 · answered by ? 3 · 0⤊ 0⤋