Will a Judgment Creditor Take My Car?
When a creditor obtains a court judgment against you, the creditor is legally empowered to issue orders and take certain actions to collect payment. One of the ways in which creditors can collect on a debt is by taking your car. Knowing what steps you need to take if this happens is essential in protecting your rights and preventing potential losses.
Essentially, if a creditor has obtained a judgment against you, they may have the legal authority to seize property that belongs to you in order to pay off the debt. If your car has some equity value, meaning it’s worth more than what’s owed on it, then it could be taken away from you as part of the collection efforts.
The Law Offices of Omar Zambrano has helped thousands of people and businesses in the past to get out of debt and start over.
Our goal is to help you can 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