Legal Question in Credit and Debt Law in Florida
I am on social security and can no longer pay my auto loan. I owe much more than car is worth. What can they do to me to collect balance owed after they reposses and sell car. I can not afford to file bankruptcy.
Asked on 2/24/10, 3:51 am
2 Answers from Attorneys
Angelo Marino
Angelo Marino Jr. PA
See my web site on garnishment. Want to know the law? Sign up for our free newsletter on varies areas of the law by sending an email to [email protected] and requesting the newsletter, or go to www.ConsumerLawyerHelp.com.
Answered on 3/01/10, 6:55 am
Lucreita Becude
Lucreita D. Becude, P.A.
They will place a judgment against you and at some point in time find a way to tap your bank account or other assets to get the money owed.
Answered on 3/01/10, 4:16 pm