Credit Tips: Wage Garnishments for Repossession on Motor Vehicle
Written by carnold
Posted On: March 1, 2006
Author: irgod187@msn.com
Posted: Sat Feb 21, 2004 10:24 pm
Post subject: Wage Garnishments for Repossession on Motor Vehicle
My husband is being garnashed again for a mini-van that was repossessed eight years ago. We have already paid over $8000 and they are asking for $11,000. Two years ago they drained my bank account of over $4000 and they told me that they would charge off the remaining balance. Then they once again began garnashing my husband’s paycheck. I am afraid they will find my account and drain it again, too. This is in Arizona and I am in New Mexico and my husband is to go to a hearing in Arizona within 10 days of receiving notice. Is there anything we can do to stop this? We have already paid too much for this van that we no longer own, another $11,000 is rediculous after all they have already gotten from us.
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Author: NightStar
Posted: Mon Feb 23, 2004 7:55 am
Post subject: Wage Garnishments for Repossession on Motor Vehicle
Defaults and Repossessions in Motor Vehicle Transactions
http://www.independentdealer.com/finance/finance9.asp
This link here should be a start on understanding repos, I am not versed well enough on this subject to help you, but if you go here to this link:
www.creditinfocenter.com and go to the discussion board look for a member there by the name of LadynRed she will be able to help you best.
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
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Curtis Arnold, a nationally recognized consumer educator and advocate, has been educating consumers about credit cards since 1998. Curtis is the author of "How You Can Profit from Credit Cards: Using Credit to Improve Your Financial Life and Bottom Line" (FT Press, 2008). He is also the co-author of the upcoming Complete Idiot's Guide to Person-to-Person Lending (Alpha Books/Pengiun Group USA, April 2009), a contribitor to The Ultimate Allowance (InnerWealth Publishing, 2008) and is extensively featured in 42 RulesTM for Driving Success With Books (Super Star Press, January 2009).
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