Legal Question in Credit and Debt Law in Michigan

auto voluntary repossession

I am in a auto lease and can no longer afford my payments.I am unemployed,can they garnish my unemployment checks. What is my best option in this case?


Asked on 4/02/09, 4:05 pm

1 Answer from Attorneys
Renee Walsh LawRefs Nonprofit

Re: auto voluntary repossession

They will likely repossess the auto. Contact them and make arrangements. You can be sued for breach of contract. If you are sued, a judgment could be entered against you. The judgment creditor can then garnish your income. Certain income is exempt and unemployment is one of them. it is up to you however to prove that your income is exempt from garnishment. When you receive notice that your income is going to be garnished, follow the rules on objecting within 14 days.

If you have further questions, please contact me via my website at www.lawrefs.com.

Read more
Answered on 4/06/09, 4:36 pm


Related Questions & Answers

More Credit, Debt and Collections Law questions and answers in Michigan