Vehicle Repo / Return
Date: Wed, 09/15/2010 - 04:23
Since I was laid off they can not garnish my wages - until I find a job again. So I am worried about my bank account, I have a couple thousand in savings, can they freeze my balance? If I get a new job will they be able to find me and come after me again? It would be embarrassing to say the least. Also I have a decent tax return due next year, can they take it from me?
As I have read a few article here already I believe they can freeze my bank account. So I can just open a new account they don't know about and that should keep them away from my money, right?
I don't care about my credit since I am someplace in the 400s lol.
If the bank auctions it off, are you prepared to still owe possi
If the bank auctions it off, are you prepared to still owe possibly a lot? People go to auctions to buy cheap...you could end up owing a lot plus you could have a hell of a time getting another vehicle.
Have you talked to the bank about your loan? What are your job prospects?
Right now my only concerns are if the finance company can track
Right now my only concerns are if the finance company can track me to my next job and or bank account using my SSN or by other means?
My sister was faced with this situation and when she called the
My sister was faced with this situation and when she called the bank, a rep actually told her that its best to stop paying and have it repo'd unvolunterily. Then she won't owe anything, although it will show up on her credit as a blemish but so does giving your car up. I dont' know if its true but she did just stop paying and that was 3 years ago and she has not had any adverse actions.
You still owe the gap amount leftover after auction. And the an
You still owe the gap amount leftover after auction. And the answer is yes, they will find you. They will run a skip trace and find you and likely sue you.
It worry's me that I think your right. If I left the state I thi
It worry's me that I think your right. If I left the state I think I would be out of their radar but otherwise I would expect a knock on the door of my next employer. I paid another month today and put my vehicle up for sale. Anyone want a Jeep Liberty 2006 for $9000 thats a steal. Thanks for all the response.