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    jon4ta's Avatar
    jon4ta Posts: 1, Reputation: 1
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    #1

    Jan 26, 2009, 05:47 AM
    Levied ,can they take the car?
    I just got a letter in the mail, not certified, that the law firm representing the card company I owe, has levied my car. Not actually mine because I still am paying for it through Toyota. Can they take the car. Work is bad enough as I am self employed and without the car Im sunk. Help please. I live in NJ if that helps.
    George_1950's Avatar
    George_1950 Posts: 3,099, Reputation: 236
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    #2

    Jan 26, 2009, 06:49 AM

    Ordinarily, creditors don't touch property that is liened. You may want to speak with an attorney in your state who is familiar with collection practice.
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
    		  
    #3

    Jan 26, 2009, 07:23 AM

    First, for them to seize your car for unsecured (credit card) debt, they would have to obtain a judgement first. Second, if there is already a lien on the car, they are unlikely to take it.

    I suspect you are misreading the letter and that its nothing more than a scare tactic to get you to pay.
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