Question


Rich C

asset seizure for debt in NH?

I have a collection agency taking me to court for 12K$ The only asset I own is a vehicle worth 10K$. Can they legally take it from me or make me sell it. I live in NH

3 weeks ago - 3 answers

Best Answer

Chosen by Asker

First check to see if the debt is still within statute. The NH statute of limitation on debt is only 3 years. If that is the case, answer the summons and use the statute of limitation as an affirmative defense. As long as the equity in your vehicle is less than $4,000.00, it is safe from creditors. www ...

by ∞infiniti∞

3 weeks ago

Asker's Rating: 

Other Answers

No. They can and will get a judgement against you but since you need a car to get to work you won't have to sell it. They can garnish your paycheck, though.

by Common Sense- 3 weeks ago

The good news is wage garnishment doesn't seem to be used in NH ( www ... ). The bad new is the can take your car (unless someone else has a lien on it).

by Edaphos- 3 weeks ago