Legal Question in Credit and Debt Law in Georgia
i cosigned for someone to buy a vehicle to be transferred in their name completly in a year but they got the vechile repossed and now my wages are being garnised and my checking account is negative $20,000 what can i do
Asked on 1/29/10, 2:06 pm
2 Answers from Attorneys
Charles W. Field
Charles W. Field, Attorney at Law
The only thing you can do is to contact the outfit that has the judgment and try to negotiate. Good luck.
Answered on 2/03/10, 2:24 pm
Glen Ashman
Ashman Law Office also dba Glen Ashman Attorney
When you signed for his car, you agreed to pay, and since you didn't, you get garnisheed.
The two ways to stop it are (1) pay off the debt or (2) file bankruptcy. Feel free to contact me about the latter.
Answered on 2/03/10, 2:26 pm