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What happens after a writ of execution?

The writ gives the Sheriff the authority to seize property of the judgment debtor and is valid for 180 days after its issuance. You must give the Sheriff ...

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Knowledge Base

Latest insights and tutorials from the The Global Insight team.

Can a repo man take your keys?

They can try to demand them, but you can nicely tell them to take a flying leap. They can come into your work and request the keys (in the US… folks… if y...

What happens if you write a check and it bounces?

What does it mean when a check bounces? When your check bounces, it’s rejected from the recipient’s bank because there aren’t enough funds in your account...

What happens when a auto loan is charged off?

An auto loan charge off hurts your credit history and lowers your credit score. The charged off debt could stay on your credit report for seven years and ...

What happens when a debt is sold to a collection agency?

If the original creditor, such as a credit card issuer or mortgage lender, is handling the debt collection, then your payments will go to the creditor. Bu...

How much negative equity can a dealer take?

This means that your vehicle’s loan shouldn’t exceed more than around 125% of it’s value. Since rolling over negative equity means adding to the total bal...

What are the repo laws in California?

In a Nutshell California law permits cars to be repossessed after one late or missed loan payment. Cars may be repossessed after missed insurance payments...

Are there campaign finance laws?

At the federal level, campaign finance law is enacted by Congress and enforced by the Federal Election Commission (FEC), an independent federal agency. Ra...

How long should I wait to refinance my car after Chapter 7?

You can refinance a post-bankruptcy car loan, but you generally have to wait for at least a year to pass in order to qualify – as is the case for any othe...

Can you back out of an auction bid?

In many cases — yes. Buyers who have placed a bid can retract their bid any time before the auctioneer announces the sale has been completed. It’s importa...