Legal Question in Credit and Debt Law in Virginia
can i go to jail
I have a $19,000 debt, i have been sending them $20.00 a month but i keep geting letters from them saying they are going to take legal action.. can they take my only car or put me in jail?
Asked on 2/25/06, 2:16 am
1 Answer from Attorneys
Jonathon Moseley
Jonathon A. Moseley
Re: can i go to jail
You most certainly cannot go to jail for a debt
(except for defying a court order relating to
child support or divorce issues).
If you owe money on your car to a lender, they
probably cannot take your car, because the
lender has an interest in it as well.
ONLY if they go to court and receive an
official court judgment, they can garnish your
wages for 25% of the amount over minimum wage
and they can garnish your bank account.
Answered on 2/25/06, 7:45 am