Signed For A Car For Daughter-In-Law

stubby1962 · #1 05-10-2008, 08:02 AM

My question involves bankruptcy in the state of: Tn.
I signed for a car in the state of Tn. She said all the right things, I'll pay on time and everything else. No such luck. They Came and got the car yesterday. Anyway I'm on SSDI and was wondering if they can garnish my SSDI check for the car?
Thank You in advance. John

Mr. Knowitall · #2 05-10-2008, 09:16 AM

No, but if they get a judgment against you they can garnish your bank account once the SSDI check is deposited. If you were to prove to the court that issued the garnishment order that all the money in the account was from SSDI, the court may order the return of the funds, but I can't assure you that will happen.

Betty3 · #3 05-10-2008, 04:37 PM

That's the problem with being a co-signer. You never know what the borrower is going to do.

Before they can garnish/seize anything, they would have to get a judgment against you. They can then seize non-exempt assets your state allows. SSDI is exempt from garnishment/seizure but when you go to court, you would have to let the judge know that is your only income & the creditor & your bank will need to be notified.