.Are unemployment stubs proof of income?

UPDATED: Oct 12, 2022

Advertiser Disclosure

It’s all about you. We want to help you make the right legal decisions.

We strive to help you make confident insurance and legal decisions. Finding trusted and reliable insurance quotes and legal advice should be easy. This doesn’t influence our content. Our opinions are our own.

UPDATED: Oct 12, 2022Fact Checked

Get Legal Help Today

Compare Quotes From Top Companies and Save

secured lock Secured with SHA-256 Encryption

.Are unemployment stubs proof of income?

I have a loan with wells fargo dealer services and they repossessed my car. I said that I needed to send in a certain amount of money, plus stubs, insurance, etc. After I made the payment and send in the required documents, they said they could not accept it because I’m unemployed. So I would need to make the full payment. What can I do in this case? I did send them the unemployment stubs that I get per week but they will not accept that. It is only a $1700 balance left on the vehicle. I need advice before making anymore payments. They did not tell me upfront about not accepting unemployment stubs.

Asked on December 28, 2012 under Bankruptcy Law, New Jersey


FreeAdvice Contributing Attorney / FreeAdvice Contributing Attorney

Answered 10 years ago | Contributor

Custom and practice in the banking industry is that payment stubs are proof of employment but unemployment benefit stubs are not. The reason is that for someone to be receiving unemployment benefits means that the person who is receiving such is not employed.

IMPORTANT NOTICE: The Answer(s) provided above are for general information only. The attorney providing the answer was not serving as the attorney for the person submitting the question or in any attorney-client relationship with such person. Laws may vary from state to state, and sometimes change. Tiny variations in the facts, or a fact not set forth in a question, often can change a legal outcome or an attorney's conclusion. Although AttorneyPages.com has verified the attorney was admitted to practice law in at least one jurisdiction, he or she may not be authorized to practice law in the jurisdiction referred to in the question, nor is he or she necessarily experienced in the area of the law involved. Unlike the information in the Answer(s) above, upon which you should NOT rely, for personal advice you can rely upon we suggest you retain an attorney to represent you.

Get Legal Help Today

Find the right lawyer for your legal issue.

secured lock Secured with SHA-256 Encryption