Legal Question in Credit and Debt Law in California
car reposetion
If my car is reposesed what can the casr company do as far as attaching my checks, sue me etc.?
Asked on 12/10/08, 12:15 pm
1 Answer from Attorneys
Robert F. Cohen
Law Office of Robert F. Cohen
Re: car reposetion
The lender could file suit against you for the deficiency -- i.e. the difference between what you owe and what the car sold for at auction. Once it gets a judgment, it then could levy your wages and bank account.
Answered on 12/10/08, 7:34 pm