Can A Judgment Creditor Take My Car?
When a debt goes unpaid, creditors have the right to take action in order to collect what they are owed. One of the ways they can do this is by obtaining a judgment against you. A judgment creditor is someone who has taken legal action and been granted a court-ordered judgment against you for an unpaid debt. Can a Judgment Creditor Take Your Car? Yes, depending on where you live, the answer may be yes.
In some states, such as California and New York, if your vehicle qualifies as exempt property according to state law, a creditor cannot repossess it even if there is an outstanding judgment against you.
The Law Offices of Omar Zambrano has helped thousands of people and businesses on the past to get out of debt and start over.
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