What is the name of your state (only U.S. law)? Texas
I am being sued for a deficiency balance in Texas by Toyota Motor Credit Corporation for a repo on a vehicle about 2 years ago for the deficiency balance. Right now on the Justice Of The Peace Website the case status just says active. I have not been served with any papers and the case is 19 days old so far. When should I expect to be served? If they get a default judgement entered against me, what can or will they do in Texas to satisfy that judgement, what is the likely hood that they for instance would attach a garnishment to my bank account? They do not know my new banking information. I am just going over my options and I'm not sure if I should worry at this point or not, this may force me into a chapter 7 bankruptcy however depending on what they can or can not do.
I am being sued for a deficiency balance in Texas by Toyota Motor Credit Corporation for a repo on a vehicle about 2 years ago for the deficiency balance. Right now on the Justice Of The Peace Website the case status just says active. I have not been served with any papers and the case is 19 days old so far. When should I expect to be served? If they get a default judgement entered against me, what can or will they do in Texas to satisfy that judgement, what is the likely hood that they for instance would attach a garnishment to my bank account? They do not know my new banking information. I am just going over my options and I'm not sure if I should worry at this point or not, this may force me into a chapter 7 bankruptcy however depending on what they can or can not do.