Tuesday, October 21, 2014

I have a civil judgement against me-I am on disabilty-can I lose my only car

Question

I have a civil judgement against me-I am on disabilty-can I lose my only car



Answer

See www.ConsumerLawyerHelp.com for your answer.



Answer

You are allowed to claim exemptions for personal property per the Statute.



Answer

Whether you will lose your car depends on the make/model/mileage and ultimate VALUE of the vehicle. If you own it outright, and your car has a value in excess of the state exemptions, then the short answer is yes - your car is likely a collectible asset.



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