Saturday 22 February 2014

If giving up a lease will they still garnish your paycheck?

If giving up a lease will they still garnish your paycheck?
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.

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