Illinois Property Seizure Question
Date: Fri, 09/17/2010 - 09:54
Is it legal in IL to get a money judgment, then place a lien on an unsecured vehicle and repossess it? I know it is legal in some states and not others, but I don't have a list. Thanks!
Yes, it is legal to get a money judgment and place a lien on an
Yes, it is legal to get a money judgment and place a lien on an unsecured asset, then seize the asset to repay the debt. It's not actually a repossession unless it's the party you purchased the car from.