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
