Can A Judgment Creditor Take My Car?
A judgment creditor can take your car if certain conditions are met. Whether or not a judgment creditor is successful in seizing your car usually depends on the state's laws, the amount of money owed, and other factors. If a creditor obtains a court order to seize your vehicle, they are allowed to repossess it without any further notice.
In most cases, creditors must first obtain a court judgment before they can take any action against you or your property. The judgment will then allow them to garnish wages, seize assets such as cars and bank accounts, and place liens on property in order to collect the money that is owed. A lien gives creditors legal rights over the asset until you pay off the debt in full. Depending on state law, judgments may be valid for up to 20 years or more.
The Law Offices of Omar Zambrano has helped thousands of people and businesses on the past to get out of debt and start over.
Our goal is to help you find a fresh start FAST!
Schedule your free consultation today! By Calling 626-338-5505 or visiting us at 12738 Ramona Blvd Baldwin Park CA 91706
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