QUESTION
Can a civil lawsuit on an unsecured credit card debt take my car?
Asked on Mar 06th, 2014 on Bankruptcy - Missouri
5 ANSWERS
Commercial Collections Attorney serving West Palm Beach, FL
at
Dion & Forsyth, P.A.
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They would have to obtain a judgment first. Once obtained they could seize most assets to which you have sole ownership, with certain exceptions. A car which you own free and clear of any liens would be subject to attachment and seizure to satisfy the judgment.
Answered on Mar 07th, 2014 at 8:49 AM
Debt Collection Attorney serving Chicago, IL
Partner at
Edelman, Combs, Latturner & Goodwin, LLC
2 Awards
After judgment and subject to the exemption and prior liens.
Answered on Mar 06th, 2014 at 10:09 PM
Appellate Attorney serving Grosse Pointe Farms, MI
at
Musilli Brennan Associates, PLLC
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Eventually, if they get a judgment, yes as part of the collection action following.
Answered on Mar 06th, 2014 at 10:05 PM
Creditor's Rights Attorney serving Clayton, MO
at
Fluhr & Moore, LLC
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If a judgment is obtained against you, your car can be sold to satisfy the debt. You have an exemption in your car in the amount of $3,000 and you should be sure to claim it.
Answered on Mar 06th, 2014 at 10:04 PM