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Can they take income tax check if get repossession in Arizona?

Roger Moore

in Student Loans

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Ashley Howard on November 22, 2018

You can take what the security for the loan. For example, if you have a car loan, they can repossess the car. If you have a house loan, you can take possession of the house. If the loan was a recourse loan and the value of what was seized was less than the amount still owed on the loan, he can obtain a deficiency judgment in a court of justice. If the court grants a judgment, it can take other assets.


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