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  1. Join Date
    Mar 2008
    Posts
    54,619
    #1
    Quote Originally Posted by jansky View Post
    Hi guys,

    just a question a friend of mine has a credit card debt and ignored the payment since 2016 and meron naman sya sasakyan the question is can the collecting agency repossess the car as payment for the recovery? yung sasakyan naman nya matagal ng bayad

    Thanks for your all inputs
    they can potentially confiscate many things of commercial value that has your name as owner, to pay for your debt. bahay lupa, kotse, appliances, computer,...
    but it has to pass thru due process.

    but i think there are items that may be exempt from confiscation...
    Last edited by dr. d; June 10th, 2023 at 07:32 PM.

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credit card debt. can they reposses car as recovery