Tuesday, January 27, 2015

about a year ago i returned a leased vehicle i could no longer afford to pay for, i had called and asked for assistance since i was two mont...

Question

about a year ago i returned a leased vehicle i could no longer afford to pay for, i had called and asked for assistance since i was two months behind and had two months to go on the lease they refused to help. they had lawyers contact me and i politely told them i could not pay them as i was an am not making enough to pay them, now a year later i'm being served papers stating that im being sued for a ridicolous amount. my question is can they garnish my wages or even put a lien on my property?



Answer

For sure this will happen unless you do something about it.



Answer

Not before they get a judgment, but once they have a judgment, yes they can.



Answer

Once the defendants get a judgment against you, then they can garnish wages, and put liens on property;



Answer

If this is your only debt, it may (hopefully) be negotiated down. Otherwise, car payments are the common bane of the debtor and often trigger bankruptcies.



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