Yes, a judgment can let a creditor seize your car if it's in your name. However, if the car is owned by a bank, then whether or not the car can be taken depends on the state laws. Thus, you need to check out the state laws. In some states, if the judgment creditor takes the car, the lien holder will have to be paid before the car can be seized.
In some other states the situation can be like the judgment holder can take the car, sell it off and clear the lien. You can also get advice about this from a lawyer dealing with liens.
judgment
Hi sbah,
Yes, a judgment can let a creditor seize your car if it's in your name. However, if the car is owned by a bank, then whether or not the car can be taken depends on the state laws. Thus, you need to check out the state laws. In some states, if the judgment creditor takes the car, the lien holder will have to be paid before the car can be seized.
In some other states the situation can be like the judgment holder can take the car, sell it off and clear the lien. You can also get advice about this from a lawyer dealing with liens.
Thanks,
Aaron
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