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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.

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Since your car has been reposessed can you be made to pay the balance legally?

As far as I know, in this state if it's repo'd it's sold at auction then your responsible for any balance left remaining between...

Popularity: 22 • Tools: Recategorize

If your grandmother bought you a car and now the car note is behind and it is being repoed can you go to jail if it is registered in your name?

You won't go to jail. If the car is registered in your name, legally, it is your car. Your credit will be ruined for 7 years if...

Popularity: 22 • Tools: Recategorize

What if a payment was never made on a car and now want to give it back voluntarily?

If you signed a loan agreement then giving the car back won't help you.You are bound by the terms of the loan.Read the agreement...

Popularity: 22 • Tools: Recategorize

Where can you find laws and licensing information regarding Auto Repo for the state of Utah?

AnswerI have a number of good links on my site for Utah repossession laws:http://www.carsofutah.com

Popularity: 22 • Tools: Recategorize

What happens when you are unemployed and the bank wants to repossess your car?

They send a collection co. out who picks up your vehicle. Not sure if the point of this question is to find out if it is...

Popularity: 22 • Tools: Recategorize

What do you do if you have not received anything from your repo or creditor and it has been 93 days since the repo and no notification of anything?

Laws regarding the duty of a creditor after a repossession will vary by states. Some states require the creditor to give you...

Popularity: 22 • Tools: Recategorize

What happened if you were behind on payments and the lender offered to refinance and lower the payments and said you were approved and then repossessed the car?

Generally you would have to sign paper work if the bank had approved a refinance agreement . In that case you could take legal...

Popularity: 22 • Tools: Recategorize

Can a repo man trying to repossess your car go next door to your neighbor's house and ask them where you are and basically tell the neighbor about your situation and why they are there?

If he was lying you can sue him for slander, but not if it's the truth. NO he cannot! Look up the Fair Debt Collections...

Popularity: 22 • Tools: Recategorize

Is it legal for the finance company to repossess your car for late fees even though the loan is paid in full?

Yes, the loan is not paid in full if there are unpaid lates fees

Popularity: 22 • Tools: Recategorize

If you can't make your truck payment anymore can you have it repossessed?

Sell it if you can. Even if you have to sell it at a loss. Let the bank know what's going on and even though they'll complain and...

Popularity: 22 • Tools: Recategorize

Where do you get information about valuable property left inside a car that was repossessed in Virginia?

Contact the lender.They are entitled to the car but not to your personnel property.The repo-company is supposed to log and bag...

Popularity: 22 • Tools: Recategorize

What happens when you take a car out of state when it is being repossessed?

I can can be legally repossessed no matter where it goes in the USA. As long as the repossessor can find the car and identify it...

Popularity: 22 • Tools: Recategorize

In Florida if your divorce decree states that each party gets a vehicle but one party allows a vehicle to be repossessed how does the other party get their name taken off the loan?

you don't. you get the vehicle and the payments.

Popularity: 22 • Tools: Recategorize

How do you start a collateral repossession company in South Carolina?

There are no particular laws pertaining to starting a repo company in SC. Of course you must follow the no breach of peace laws...

Popularity: 22 • Tools: Recategorize

When your car is repossessed when do you cancel your insurance coverage?

AnswerThe same day that you determine you aren't getting it back. It would be wise to wait until then because if the bank repo'd...

Popularity: 22 • Tools: Recategorize

In the state of Texas can the lender repo your vehicle if your auto insurance lasped for 4 months you was told you had to pay full insurance coverage or vehicle will be repoed can they?

Yes they can repo if they catch the insurance lapse. Most financed vehicles have a Full Coverage clause that you signed and...

Popularity: 22 • Tools: Recategorize

What is the difference between a car been repossessed or voluntarily surrendered?

AS far as your credit goes there isn't any a repo is a repo it stays on your credit for seven years.A voluntary repo can save you...

Popularity: 22 • Tools: Recategorize

How is a car repossesed without keys to it?

I'm a repo man, so, I'll tell you what I know. The dealer keeps a spare set of keys, that pair of keys they send people in the...

Popularity: 22 • Tools: Recategorize

If a bank repossesses a car because the borrower has defaulted on the loan can the bank exact money from borrower's paycheck?

Generallydue process of law must be followed, meaning a lawsuit before a creditor can garnish wages or take other action against...

Popularity: 22 • Tools: Recategorize

Can a repo man go into your closed garage to repo your car also can he call the police to make you open the garage door so he can take the vehicle?

No, they cannot enter the garage locked or not without a court order. Likewise police would not get involved in the issue unless...

Popularity: 22 • Tools: Recategorize

Can they repo a car when you moved to Canada and stop making payments and they find out where you live?

If you move to Canada from the U.S. and do not make proper arrangments with the lending institution, you might be guilty of a...

Popularity: 22 • Tools: Recategorize

Is pretending to be an officer over the phone in Wisconsin a felony or misdemeanor?

It is a felony to represent oneself as a law enforcement official. The class of felony depends upon the act committed during the...

Popularity: 22 • Tools: Recategorize

If you owe money on a financed car that's reposessed and buy another car can anyone take your newly purchased car?

Yes, especially if you leave the keys in it.

Popularity: 22 • Tools: Recategorize

How does the auto repossession process in Wisconsin differ from repos in self help states ie WI is NOT a self help state so how does this affect the WI repo agent's job?

WI is now and has been self help since the middle of 2006

Popularity: 22 • Tools: Recategorize

Can the Lien holder repo a truck if there have been payments made by the driver within the last 96 days?

When even one payment is missed the agreement is considered in default, and the lender has the legal right to take whatever...

Popularity: 22 • Tools: Recategorize

What are the repossession laws in Utah?

AnswerMy experience with Utah, If your not LDS don't do it

Popularity: 22 • Tools: Recategorize

What can you do if the repossession company overcharged you for repo fees?

You may want to check your state's statutes. In most states, repo companies can charge a fee and it's completely legal. If, in...

Popularity: 22 • Tools: Recategorize

In Texas can a repo company charge for you to get your personal belongings?

no they have to give you anything that is not part of the car, they have to give you notice they have things of yours for 30 days...

Popularity: 22 • Tools: Recategorize

If you cosigned for a car and it got repossessed voluntarily what will it do to your credit and will you owe?

Whether a repossession is done "voluntarily" by the primary or through the action of the lender, the primary borrower and the...

Popularity: 22 • Tools: Recategorize

In New York State can an automobile be repossessed if it is in a carport and the repossessing agent does not notify you of his presence?

Yes. New York follows UCC laws when it pertains to the repossession of a vehicle. The borrower does not need to be notified...

Popularity: 22 • Tools: Recategorize

If your car was repossessed by the bank and they said you could get it back as long as you bring it up to date but they put that in writing can you trust the bank?

This is really odd, I never heard of a bank that won't give it to you in writing. However, you can save your butt by doing these...

Popularity: 22 • Tools: Recategorize

Is the certified asset recovery specialist training program legitimate or is it a 400 dollar scam?

If You Have Any Doubts Yourself Then Check It Out. Sounds Like One To Me.

Popularity: 22 • Tools: Recategorize

Who bought out western savings and loan?

Great American Bank

Popularity: 22 • Tools: Recategorize

If you own your land and have your trailer repossessed will they take your land If the land is still being paid for as well?

no,because it's your land and you own it. You have show them the contract you sign for your home or land.you have prove for your...

Popularity: 22 • Tools: Recategorize

What is The origin of the sheriff?

If I remember right from my history class it was the shire reeve. This was a position as a caretaker of a lords property during...

Popularity: 22 • Tools: Recategorize

How do you know balance in UNINOR?

dial *302*2#

Popularity: 22 • Tools: Recategorize

What is the name of the number 43 car in Disney's cars?

the king

Popularity: 22 • Tools: Recategorize

What are the Quebec laws of repossessing a vehicle?

to just be wreck less and break the laws : )

Popularity: 22 • Tools: Recategorize

What can be done about a bank repossessing a vehicle with only one late payment?

Call the bank, make up the missed payment and any fees associated with the repossession. You defaulted on the loan when you...

Popularity: 21 • Tools: Recategorize

When an auto has been repossessed and auctioned is the difference owed determined by the payoff amount including repo fees at the time of repossession?

ENTIRE balance Due including interest and fees - sale price. BUT, the lender can take an OFFER. cash works best. LOL bargain,...

Popularity: 21 • Tools: Recategorize

What can you do if the repo man damaged the car but did not take it because the police told him it was illegal to enter private property?

Unless you are a good negotiator, CALL an attorney NOW. Longer you wait, more time for FACTS to get confused or forgotten and/or...

Popularity: 21 • Tools: Recategorize

Can they repo your car if you are 59 days past due but called the creditor to tell them the payoff was in the mail?

ANYTIME you are in DEFAULT, you are gambling the lender wont repo before you get the money to them. Its just that simple. I...

Popularity: 21 • Tools: Recategorize

Would it be consumer fraud if a lender failed to address a discrepency such as invoicing twice in one month that resulted in repossession?

Get ALL your receipts and invoices together and call a local attorney for a consultation. (usually free) I dont think its fraud...

Popularity: 21 • Tools: Recategorize

In Missouri if car payments are behind but are currently being made to get current and car is less than 45 days behind can they take the car?

READ your CONTRACT. Its that simple. If you are in DEFAULT of the contract, they can repo the collateral.

Popularity: 21 • Tools: Recategorize

What consequences are there for a lender and repo company when they repo a car a SECOND time for non-payment but later discover payments are current?

Just call a local attorney for a consultation, tell your story and find out. IF there's money there, you'll know it. You...

Popularity: 21 • Tools: Recategorize

What are your options if a car was repossessed and a bill is received 2 years later for 15000 dollars?

2 that you want to consider. PAY it or file B/K.

Popularity: 21 • Tools: Recategorize

If your car is going to be repossessed but you make a payment to get caught up can they still repossess the car?

Until the LENDER cancels the repo order with the repo company, you are fair game.

Popularity: 21 • Tools: Recategorize

How can one find the original agreement on a repossessed lease vehicle that has been re-leased to a different party in the state of Texas?

IF you knew the original lease date, you might be able to backtrack thru the UCC listings in TX. OR you may be able to track the...

Popularity: 21 • Tools: Recategorize

How does an active towing and recovery company become a repossession agent?

The active towing company will need REPO insurance and REPO agents. And some REPO clients.

Popularity: 21 • Tools: Recategorize

In Colorado if you file Chapter 13 can you keep your vehicle even if it is past due?

AnswerAsk your B/K attorney. That's what you are paying for. INFO.

Popularity: 21 • Tools: Recategorize

How far do you have to be behind on your payments to legally repo in Florida?

ONE day.

Popularity: 21 • Tools: Recategorize

How soon can a car lot repo your car in California?

As soon as you are in default of the contract.

Popularity: 21 • Tools: Recategorize

Once a vehicle is repossessed does it lawfully have to remain in the same county as the person it was repoed from?

PA is the only state I have seen with that law. There may be others.

Popularity: 21 • Tools: Recategorize

Can someone be arrested for hiding a vehicle even after the vehicle is recovered?

You can be arrest, yes. Would you be? Doubtful. Very stupid thing to do in any case. Thanks for the reply. What I...

Popularity: 21 • Tools: Recategorize

How can you get a title to a car that was charged off?

AnswerYou contact the lender who has a lien on it and purchase it from them.

Popularity: 21 • Tools: Recategorize

What options do you have if your car was repossessed in California you paid the overdue balance but they auctioned it anyway?

Was the lender demanding the BALANCE DUE when you paid only the overdue amount? IF so, your recourse is to pay the balance due....

Popularity: 21 • Tools: Recategorize

What do you do if your father bought you a vehicle and you made all the payments on time but four months after he passed away the repo man came and took it?

You contact the LENDER and ask why. Did you have the required ins. coverage? How many payments did you make total? If the car...

Popularity: 21 • Tools: Recategorize

Is it legal for repo agents to look into a persons cell phone records to see if anyone they know will give up information on where their car is?

AnswerThe defining answer is; can you PROVE they "looked" in your cell phone records? They might have just told you that to cover...

Popularity: 21 • Tools: Recategorize

In California are you liable for payments on a voluntarily repossessed car purchased by your spouse prior to marriage if you never used it because you can't drive a manual transmission?

IF your name was NOT on the contract, you're NOT responsible for it. If it was , you are.

Popularity: 21 • Tools: Recategorize

What are the rules for reposessing a car in Georgia under bankruptcy protection?

First don't get caught. Wear bullet proof vest and have back up car with driver close by. Second after taking the car remove...

Popularity: 21 • Tools: Recategorize

What if you have filed bankruptcy without a reaffirmation letter on the vehicle and you stop making car payments for two months. The leinholder sends no repo letter and does not come to get the auto.?

Yhe lender cant do everything at once,they will get around to you and your car.

Popularity: 21 • Tools: Recategorize

If a repossession man is calling you to pick up a car you paid off two days ago and the balance due is 0.0 can they still pick up the vehicle?

No they cannot take your car if it is paid off. No but that doesn't mean they won't try.. When the repo company calls...

Popularity: 21 • Tools: Recategorize

What do you do if a car being repossessed or considered stolen is on your property Do you call a Repo Guy and if so where do you find this information?

1)get the Vin # the vehicle identification number 2)call the police and ask them to run the Vin they should be able to tell you...

Popularity: 21 • Tools: Recategorize

What is the process if you want to surrender your car in the state of New Jersey?

Call your lender, let them know you cannot continue to make payments and for them to have the car picked up. They will make the...

Popularity: 21 • Tools: Recategorize

You voluntary sent your car back because of your daughter getting a life long illness Just wanting to know its been two years what they can do to you if you cant pay all of it now?

The lender can and likely will sell the car, apply that amount to what you owe and apply to the proper court to get a JUDGEMENT...

Popularity: 21 • Tools: Recategorize

If car has been repoed from you over a year ago and they are just now mailing you about the balance due which is 8000 and you dont have a lot of money at all what should you do and what will they do?

I am no expert at all. You are legally obligated to repay the amount due. The lender will either sell or auction your...

Popularity: 21 • Tools: Recategorize

Can your car be repossessed if you're current on your payments?

Well, first off, check with the Michigan Attorney General's Office for the specifics. Secondly, most states recognize the UCC...

Popularity: 21 • Tools: Recategorize

If a car loan is in one spouse's name only repossessed can they garnish the wages of the other spouse if their name is not on the contract only the insurance registration?

No they can only come after the name on the loan so if you didn't sign you are fine.

Popularity: 21 • Tools: Recategorize

Can a cosigner have a car repossessed if the loan is current?

NO...NO...AND...NO.Dont let this person scare you there blowing hot air keep your payments current and dont worry about it and if...

Popularity: 21 • Tools: Recategorize

Is it better to file bankruptcy or let a car get repoed?

Depends on your monetary situation.If you can make the payments then no but if you have alot of debt then yes declare.If they...

Popularity: 21 • Tools: Recategorize

If a car dealers records got lost or damaged can they take back a vehicle for non payment?

Popularity: 21 • Tools: Recategorize • Needs Answer

Can the lender keep personal belongings in a repossessed car such as CDs?

AnswerNo that's called stealing.....

Popularity: 21 • Tools: Recategorize

Can a cosigner take the vehicle even if no payments are late?

NO! He is only guaranteeing the loan. He has no legal right to take the car.

Popularity: 21 • Tools: Recategorize

After repossessing a vehicle in the state of Virginia can the debtor reclaim any money paid?

Popularity: 21 • Tools: Recategorize • Needs Answer

How do you get the training to become a repo man in Pennsylvania?

Popularity: 21 • Tools: Recategorize • Needs Answer

What are the remedies when a lender agreed to accept payment in full the following day but reposessed the night before anyway?

Lesson learned: Lenders LIE !!!!!!!!!!!!!!!!!!!!!!!!!!

Popularity: 21 • Tools: Recategorize

Can you put a mechanic lien on your car to baffle the repo company for a while?

Sure, if you want to commit fraud.

Popularity: 21 • Tools: Recategorize

How do you get someone's car repossessed?

Popularity: 21 • Tools: Recategorize • Needs Answer

How many days overdue can you be before repossession?

Depends on the specific lender's grace period. It is generally 30-45 days but it depends on your payment history just be...

Popularity: 21 • Tools: Recategorize

Can you be arrested for concealing a car in the state of Georgia?

No you cannot.They can after a lengthy court process force you to turn over the vehicle but it never happens....if it did you...

Popularity: 21 • Tools: Recategorize

What do you do if your car has been repossessed and you feel that the payments are currently too expensive for you what steps can you take to have them lowered if you regain possession?

If your car has been repoed you are going to have a very hard time finding any loan company willing to lower your rates.If...

Popularity: 21 • Tools: Recategorize

Can your wages be garnished for a car that was repossessed?

AnswerYes, if there was a deficiency balance owing after the car was sold at auction. Your creditor would have to sue you and...

Popularity: 21 • Tools: Recategorize

What is the right to cure law?

check it out! http://janus.state.me.us/legis/statutes/9-A/title9-Asec5-110.html There are different laws in different...

Popularity: 21 • Tools: Recategorize

Are they allowed to drive your car during a repo Are they allowed to have keys to your car?

It isn't YOUR car until you have paid the lender.

Popularity: 21 • Tools: Recategorize

If the title says both names and one person got a title loan can the car be taken if you did not sign the form?

No. The state has you both on the car so you both have equal rights to it regardless of who signed it. Depends on how it is...

Popularity: 21 • Tools: Recategorize

Can a car go through repossession without sending a right to cure-default notice?

The majority of states allow for a repossession as long as there is no "breach of the peace." There are a few states that require...

Popularity: 21 • Tools: Recategorize

Can your wife be held liable if a car that is titled only in your name is repossessed?

If the vehicle was purchased after marriage YES most states recognize any purchases made after marriage as Joint purchases

Popularity: 21 • Tools: Recategorize

To find the wiring diagram for a Nissan 1400?

go to oreillys and buy a chilton book for your vehicle wiring diagram is in it they sell all these books and they are easy to go...

Popularity: 21 • Tools: Recategorize

Has anyone here ever filed suit against the bank and-or repossession company for an unlawful repossession If so what was the outcome?

AnswerI'm not sure how to do this....Unlawful--breaking into a garage to take a vehicle. Answerthe only way it is unlawful...

Popularity: 21 • Tools: Recategorize

How can you avoid repossession of your vehicle if you are willing to pay in installments?

Definately try and negotiate a payment deal. Don't take no for an answer, ask for managers, supervisors whoever you need to to...

Popularity: 21 • Tools: Recategorize

What can you do if you have paid half the money owed on a private seller car and they took the car and won't return the money?

Try to talk to them and see if you can work things out. If not take them to a small claims court.

Popularity: 21 • Tools: Recategorize

How do you locate your ex if she took the car but stopped making payments and now debt collectors are after you?

Not much you can do about the money thing. You are 100% responsible for the payments and she is 100% responsible for them also....

Popularity: 21 • Tools: Recategorize

Can a lien be placed against a house in Texas for a car that was purchased in California and then repossessed in Texas?

Yes. The creditor can sue the debtor in Texas and use a judgment award to place a lien against property belonging to the...

Popularity: 21 • Tools: Recategorize

What happens to your credit if your soon to be ex-wife totals her vehicle and you're on the title not the loan and the vehicle gets repo'd and you're not willing to sign off until the divorce is final?

If you are not on the loan, then your credit will not be affected. Unless the court makes you responsible for the debt (doubtful)...

Popularity: 21 • Tools: Recategorize

What happens to personal property left in a repossessed vehicle in Washington?

A creditor may not keep or sell any personal property found insidetje car. This does not include most improvements made to the...

Popularity: 21 • Tools: Recategorize

Can you take back a car you sold to your neighbor with a title and a prommissory note that was not paid?

Not without going to court. If he has run the title so the car is in his name, the only claim you have is the prommissory note. ...

Popularity: 21 • Tools: Recategorize

Can a repossession be put on your credit if you still have the car and can you still get the car sticker and tags?

If your not paying on it yes. Just because you have the car doesnt actually mean you own it until you pay it off in full. The...

Popularity: 21 • Tools: Recategorize

If your car was repossessed and a judgment was entered against you can the judgment holder seize a vehicle that was given to you?

Probably not. They CAN, however, sue you in court and force the sale of any property that you might have in an attempt to recover...

Popularity: 21 • Tools: Recategorize

What is a replevin suit?

See link to other question:What is a writ of replevin?

Popularity: 21 • Tools: Recategorize

Can a lien holder repo a vehicle for no reason?

Not normally ... there must be some reason for this action on the part of the lien holder. If just one payment is missed, or just...

Popularity: 21 • Tools: Recategorize

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