Logo
Current Foreclosure Discussion Foreclosures Discussion Archive 15



what do i do


Posted by JOan on September 01, 2005 at 10:23:31:

In Reply to: Re: Nothing... posted by Joan on September 01, 2005 at 10:21:31:

: : Joan,

: : It would depend if your creditor thought you had sufficient equity in
: : your used car to make it worth their while to go after. Also, most states
: : have exemptions as to what a creditor can seize from a debtor to
: : satisfy their judgments.

: : It's common that they can NOT take your family car, because without
: : transportation there's a high probability you'd become unemployed
: : and burden on the state's unemployment fund.

: : So I don’t think you have anything to worry about as far as losing your
: : car is concerned.

: : Hope this helps,

: :
: : ~~~~~~Ward~~~~~~~

: :
: : : i AM wondering if they can take my car for any amount left owed on
: : my house after they sell it. What about the second mortgage company.
: : I have not heard from them at all.

thanks, I was going to try and get another car I physically can not drive mine. I wanted to know can they take the new one since there will be a lein

Follow Ups:



Name    : 
E-Mail  : 
Subject : 
Comments: Optional Link URL : Link Title : Optional Image URL:

menu header

Bank Foreclosures Lists

State Bank Foreclosures

Pre-Foreclosure Listings

Free PreForeclosure Lists

Agent Listed Foreclosures

California Foreclosures

Discussion Board

Introduction to Investing

Ready to Invest?

Foreclosure Investing 101

Foreclosure Investing 111

Investment Tools

Other Informational Sites

Foreclosure Help

Real Estate Articles

Site Resources