As in volentary repo? In my experience with a volentary repo....meaning i went and dropped the truck off before they took it lol......they will only garnish your paycheck if they have taken you to civil court and the judge has order a garnishment/ levy on your paycheck. Most likely they will take the vehicle back and sell it for what they can and use it to pay off the loan. If they come up short they will send your remaining account to collections and you will have to deal with them. Hope that answers your question. KYLE.
file a motion to garnish wages, you can receive up to 25%
No. the lease was probably backed by a bank or by the automaker.
if a deferrment has been done on a student loan wll IRS still garnish refund.
No, you are still obligated to pay your rent for the term of the lease
YES, You are still obligated to complete your term of lease contract.Even if you are purchasing or leasing another vehicle and decide to trade or turn in your current lease YOU STILL OWE THEM!!!!! The leasing company is still entitled to remaning payments.. Best to look at your lease agreement...
No. Whether or not your landlord has a copy of the lease, he is still bound by the lease as a contract. I suggest you photocopy your copy of the lease, and hand it to him (or send it by registered mail, so he can't say he didn't receive it)! If he still refuses to abide by the conditions of the lease, contact your local Landlord & Tenant Commission for advice.
No lease does not mean no rules. If a tenant causes excessive damages you can still sue them.
I was sued by my lease company eventhough my vehicle was totaled for not paying. I'm no expert but if I were you then I would because they have no hearts.
Yes.
As much as you can afford to save and still have enough left in your net take home paycheck to take care of all of your other necessary expenses and still have some extra money for other purpose's.
The natural demise of the lease is grounds for eviction. The process varies by state.
Probably not. But, if this was an attempt by the signer to create a loophole for getting out of the lease later, a judge might hold the person to it.