Repossession
Seizure of property bought on credit for which loan payments are not being received. Please note that when asking a car repossession question, it is often useful to include the state that you live in. This will enable people to give you better answers.
Total questions 45700
Snooze2702 [28]
removed How do you show possession from Repossession 52 minutes ago
ID1252198733
added When your bank stops payment on wrong check to Repossession 26 May 2012 20:57
Peterc14 (supervisor) [1210]
added What do you do when a judgment is served on you to Repossession 26 May 2012 20:53
Kluss (supervisor) [692]
removed Who owns the mobile home you rent from Repossession 26 May 2012 14:21
Legally someone born Thursday could get a naval ring, tongue piercing or other body modification. It's something lawmakers are...
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Yes. Go to this web page. It's the Uniform Commercial Code (UCC). http://www.michigan.gov/documents/article9_18815_7.pdf
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No, they cannot.
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Stop payments on payday loans will rarely work. They do ACH withdrawals from your bank account. All they have to do is enter a...
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Check out the tax laws. If you are a sole proprietor, you may be able to write off mileage, which would be the simple thing to...
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indalex and it's 4 holding companies have filed for chapter 11 bankruptcy protection in us court in Delaware
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No, you will not go to jail. Missing a payment is defaulting on a loan agreement. This is a Civil matter and not a Criminal...
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Supposedly there are nine recovery agent schools in Fla. See the links to the right.
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A shoe collector is just that, a shoe collector. I do not believe there is an actual name for that.
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Of course you can.
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GEORGIA: Simple answer is YES. Does that mean legally? Not necessarily. I just came into this predicament 4 days ago. When I...
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A Will is NOT a contract. A will is a declaration. A will has no power or authority until the death of the person who's will is...
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yes, if they are given permission by the property owner.
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The MO Uniform Commercial Code, the statute that governs secured transactions generally, was substantially amended in 2001. This...
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In most locations, yes. However, generally it must be proved that you intended to conceal (the usual word) the asset. Keeping it...
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No they do not. And they will repo your car if you are more than 10 days late.No, they do not. However, it is illegal to repo a...
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Laws vary from state to state. However, if you haven't made your mortgage payments for several months, the bank is likely to...
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One consideration would be that cancellation of a debt becomes income, and is taxable. But a repo isn't a cancellation of debt,...
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Read the fine print of your contract carefully. I have never heard of a vehicle leasing/purchasing contract NOT having a first...
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dismantle certificate of title to scrap, dismantle or destroy the vehicle
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pay your bill (or your tickets) and have proof of insurance and ownership.Added: If the vehicle was impounded as evidence of, or...
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Your fuel pump may have been damaged by having been run dry, or the fuel filter might be restricted by debris that may have...
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YES its bad you dont get the lowest interest rates IF lenders will loan to you 7-10 years
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AnswerNot unless their name is also on the title.If you're not on the title then you only agreed to pay the loan if the person...
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No, they can not touch the car while anyone is in it, that would be kidnapping. But be careful they might call the police and if...
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AnswerOkay folks, I am a driver of a repo truck in South Florida. I do not own the company, I just drive for them and yes, I very...
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AnswerThis would be best answered by a good bankruptcy attorney who knows Arizona law.I believe no matter what you do bankruptcy...
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the answer is yes they can,the question is why is your name still on the title after the divorce are you keeping the property...
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Check a site called quickrepo.com A+ Recovery Solutions, Inc.P.O. Box 504, Atkinson, NC 284211 910.283.6100reponc@att.net
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Although assembled in United States, most parts are made in China, which in a way China would be a more accurate answer.
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yES, but you wont save much, if anything.
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Hal, you BEST option is to sell one of the cars. But you're upside down, right? Get the best price you can for it and borrow...
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You, like many others who are facing repossession may TRY to hide the vehicle. I stress the word "try" because of the industry...
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Look in the phone book for repo companies, call and ask for a interview with the owner. Individuals cannot, in most states, do...
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I don't think so, but you probably need insurance in your name.
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Yes, if they can find it, they can repossess it. When you finance or lease a vehicle, your creditor holds important rights on...
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Gordon, check out these...
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The loan could be called due in full; and, if not paid, the vehicle could be repossessed. But usually notice will be first...
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Lance, you can take the car back to them or you let them come get it. Its not a hard decision. Probably, you are 60 days behind...
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AnswerYou are responsible for the entire amount that you owe them - (minus) the amount they get for selling it, which won't be...
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www.nfa.org/Rec_Req_State/RR_KS.html Kansas is a self help state. You can repossess on sight if there is no breach of peace or...
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From a commercial account, yes. From a loan, no. The loan must be re-financed in order to remove names from that type of account.
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Call your financial institution you have the loan with and see if they will allow you to refinance your loan. Depending on your...
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yes - as long as she get's them the money to pay it off any way - before they get the car she will be ok - she can trade it in,...
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It depends, if you did not have a security agreement on the loan, and if you didn’t file for a new title with your loan on it,...
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AnswerJason, you are just as responsible as the signor. Think about it, you knew the signor's credit wasnt good or you wouldn't...
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http://www.mo.gov
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if it was me i would ask them to prove that the gauges were working before you bought it. and i am not sure but i think that any...
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AnswerSylvia, sad to say, but, it wont hurt YOUR credit if its in HIS name. You should consider HIS credit and how it will affect...
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it could go either way. It will say "included in BK" if you included it and repo if you did not.
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You can take possession ONLY if your name is on the TITLE. Otherwise, you should contact the OWNER(primary borrower) and attempt...
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Melanie, ANYTHING that has to do with how you pay your bills will affect your credit. Anything good will help and anything bad...
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If your name is in the lien holder place on the title, YES! You are the true legal owner of the vehicle. Contact your local repo...
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Oregon TITLE STATE: Yes SECURITY INTERESTS: Shown on title held by lien holder. LICENSE REGISTRATION: Oregon Motor Vehicle...
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Jazzy, they are the same as for other repos. Dont breach the peace and dont get caught.
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Why do you think the bank has to do anything? You signed a document filed with the court called "Statement of Intention" in which...
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Your sister can call the LENDER and they will be glad to tell her. Soooo simple. they wont tell you because of the PRIVACY...
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I know there is a law about impersonating an officer of the law, but not sure about postal employees. Is it legal for someone...
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Unfortunately, yes they can repossess your car. They have the right to take it at any point that you do not make a full payment...
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The finance company has to have a contract signed by you. If they change something it has to be initialed by the customer. ...
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YES. Not usually. In New Jersey if you have more than 90 % equity in the vehicle they can no longer take the car. BUT they can...
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AnswerI believe you have 3 choices. 1. Pay the loan off. 2. Do the B/K route. 3. Make sure the lender can find the primary debtor...
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AnswerPeggy, the lender got a judgment against you for the Unpaid Balance after selling the car. That judgment becomes a sellable...
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Roxanne. a personal visit usually does wonders. You get to check them out while they do the same. You DONT want all the banks and...
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A Lot.
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The tow company is responsible for damage they did to the vehicle, if they claim they didn't do it you have to prove it and make...
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YES - the fact that the original term of the lease had past has nothing to do with it since the payments weren't made.
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They cant legally "threaten" to do do anything that they cant legally do, so the answer is YES, they can attach your home.
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This answer is for the last statement. I don't believe you have to turn the car over. They signed you up for a UNSECURED loan....
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In Mississippi the plates remain with the car. You need to call the bank. They will give them to you most likely. File a...
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If they actually make money on the sell of the car, YES. But the odds of them selling it for enough to cover all of their costs...
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AnswerMy car was stolen by an ex, Did you REPORT it stolen?who phoned an insurance agent about cancelling policy on the stolen...
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I wanna be a Repoman ! Dan Meeks - I want to be a Repoman. - 12/31/2003 I want to be a Repoman…. What do I do to get set up?...
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Depends more on HOW MUCH YOU OWE. If they sell the contract, the buyer probably will because they have more to gain. 90...
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Call a local attorney and ask. I am sure sure you will get an O'pinion based on your states laws. If the car is in your...
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It depends on how long overdue the payments are. If you are hiding your own bike and not paying the notes while concealing the...
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Most likely a dead animal. Call an exterminator to come and take a look.
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The lender must take both the primary and the co-signer to court and obtain a judgment lien. The judgment lien can then be used...
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MOST FINANCIAL INSTITUTIONS REQUIRE YOU TO HAVE AT LEAST A MILLIN DOLLER LIABILTY COVERAGE POLICY. SOME ALSO REQUIRE YOU TO BE...
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yes my car got reposessed at three in the morning this morning by citifinancial auto. they jerked me around so much i would...
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In my O' pin ion it hurts you in places you may not know you have.
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depends on what state you are in.
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AnswerNO they cant "pose" legally. Did they claim to be someone else OR did someone assume they were someone else? If the...
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AnswerIt couldn't be a breach of peace if the leasing agent/office LET them in. If the agent/office had told them to leave and...
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Certainly, all that is necessary is that service is attempted and you have proof of those attempts. If service is physically...
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Where are you located? That will make some difference. Good Luck and BE SAFE Certified Asset Recovery Specialist (C.A.R.S) - Here...
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AnswerYES< YES <YES. IF you work hard enough at resoring it. It will NOT do it by inself, it takes effort on your part. It...
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Not that I can tell from reading the IL code. You will need the proper plates on your tow truk or they will snag you quik. Yes...
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I am very sorry to hear of your mother's passing. My mother passed a way a year ago this past June and it is never easy. If...
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With PaperworkWith the correct paperwork, yes. Also, if your garage is locked, put in the code or push the button. Otherwise,...
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Yes, it could be a problem and although I shouldn't say this, if the subject comes up have a good story to tell them. Usually...
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If you know what finance company the person has the loan through, and their account number or social security number, you can...
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Contact the bank or whoever holds the lean on the vehicle and had is repossessed. A good place to start is RepoFinder .com. It's...
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joe, think about it. YOU are the owner, they are the lender. OWNERS report cars stolen. Some of those lying,cheatin,lowdown repo...
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The debt is NOT forgiven. See link below. ArizonaRevisedStatutes
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the limit prescribed for deduction of wages including payment of dues for co-operative societies should exceed
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The LENDER. Lenders tend to have deals with auction companies. ALL repo'd cars go to auction, most of which are dealer only....
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