Asked 9/22/2008
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Deficiency repayment after car repossession I live in MO and want to know how a deficiency balance is handled after repossession of a car. I expect the deficiency will be around $10,000.00. Can the finance company garnish my wages if i make payments toward the deficiency? |
Answer 1/1 - Submitted 9/23/2008
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I live in mo and am considering surrendering my car. i expect the deficiency will be around $10,000.00. if i make payments towards the deficiency can the finance company still garnish my wages? obviously i am having trouble paying the current car payment and would need to reduce what i would pay...
Can i stop a car repossession by starting to make payments? it is a small business that i got my car from and he passed away, someone told me at work that his wife had hired a repossession business to get all the cars that still owe them money.i believe i owe something like $1200.
If my car is repossed in another state other than the state where my finance contract originated; which state laws apply as it relates to any possible deficiency balance?
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Can i stop a car repossession by starting to make payments? it is a small business that i... |
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If my car is repossed in another state other than the state where my finance contract originated;... |
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