9k Debt, 30 day notice to validate, going to court mb?
Date: Sat, 08/15/2009 - 10:17
I have a 9k debt from arrow financial. I know about the debt, not going into it, i know it's valid, i am not responding to the letter to validate from Redline (who is collecting for arrow) because i want to get this over with.
They called and said i had to put 1000 down and 250 a month which i don't have. all i can afford is 100 dollars a month and they did not accept that.
They have not called since and i know this is probably going to court. I live in New Jersey now.
two questions. I am paying off a car (financing) with Chase. can they take my car if i'm still financing it?
How would i calculate wage garnishment in New Jersey.
They called and said i had to put 1000 down and 250 a month which i don't have. all i can afford is 100 dollars a month and they did not accept that.
They have not called since and i know this is probably going to court. I live in New Jersey now.
two questions. I am paying off a car (financing) with Chase. can they take my car if i'm still financing it?
How would i calculate wage garnishment in New Jersey.
You might know that the debt is valid, but can they prove it? C
You might know that the debt is valid, but can they prove it? Can they prove they have the legal authority to collect it? They may or may not have a copy of your signed agreement...that is why you need to DV them. If they cannot validate, they cannot by law continue collection activity.
And no, they cannot seize your chase financed car
They can't take your car, but I believe that they could put a li
They can't take your car, but I believe that they could put a lien on it if they have a judgement. It would be secondary after Chase. In NJ wage garnishment is 10% of gross wages, or 25% of disposable income, whichever is less.
