Can a creditor seize my car?
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I owe credit card company $12,000. I am unemployed and only own a car. Can they take my car in Florida?
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I am a lawyer in CT and practice in this area of the law. There are rules regarding what property may be executed on to satisfy a judgment. A primary car that is used for transportation is generally exempt - meaning that this is not something that can be taken to satisfy a judgment. However, if you have 2 or 3 cars, the creditor may go after them leaving you with only one car. I suggest hiring a lawyer to negotitate a resolution to the debt or decide whether bankruptcy is the right move here.
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