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 53 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
Trevithick's locomotive, 1804 was the first successful steam locomotive. BRANDON ROCKS
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its ca;;ed the lemon law ,you get a new car .
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Yes but it will also list that you are making payments!
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Legal grounds are payments not being made...usually if there is a car involved, if 3 payments have not been made in a row and...
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You can try but they still can repo the car if it is out in the open. Make arrangements before it is too late. Good luck.
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If you believe neither of you have received notice, then request proof from the lender. This doen't mean that just because...
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yes they will aucaution it off for pennys on the dollar and then they will sue you for the rest or garnish your wages
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yes.
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Yes, the lender will want a large enough down payment in order to hold the note.
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When a vehicle is repossessed it is sold at a public auction for the fair market value (or as close to such as is possible). The...
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I have been told if you dont have road tax and you crash your car or someone crashes into you then your insurance is void
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Gap insurance does not cover repossession anything. It only covers if you wreck the car and owe more than it is worth.
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When the payment has not been made by the due date or within the grace period if there is one.
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Dohh!! The court orders you to do something. By breaking that order, the person is in contempt of court. A warrant for your...
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Scenarios: 1. If you sold the car for cash, and the buyer paid you in full, you have nothing to repossess. 2. If you signed the...
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Well it depends on what your agreement was at the time of purchase with the lending institution. Also, was there a judgment...
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You have to review the criminal statues or codes in your state regarding this however, based upon the fact that you actually do...
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That's what I use to keep some of the things that I don't want my mom to find. I think the best thing to do though is not ever...
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File a lawsuit against you and the sheriff comes out and forces you to give up the car. Do not give it up and you will likely be...
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The bank will contract out with a towing company/recovery company and will tow the vehicle to an auction yard. The vehicle will...
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You can negotiate with the dealer you bought it from, but remember to be professional. If you think you would like to try...
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Yes, as along as it is within a reasonalble time. Call the attorney that did your bankruptcy. Now if it is months after the...
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Yes, you made a financial pbligation by signing the documents for the sale of this car. So, they can legally repossess that...
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before your car is repo'd you can do whatever you want, take your personal belongings, take out any accesories you may have put...
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If the auto loan and car are in your name you can simply call your local police department and basically say she has stolen the...
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You owe less than 700 I higly doubt they will repo your car for that amount. You are ATTEMPTING to make payment. I really think...
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Yes. They generally charge a DAILY fee for storage of personal belongings. (Florida)
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they can if they are a member of the credit burea but they usually do not because if it is a tote the note lot they usually...
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Pay off the car, surrender the car.
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Whatever the bank sold the car for they deduct that from the balance owed, and you pay the difference
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call the cops and some big budies
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It depends. Did the bank reposses or did you turn the car over in lew of payment(this would have been worked out with the bank)If...
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Yes, it's called default.
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Yes. If you are recieveing phone calls or lettters in the mail wait until you have saved at least 30% of the balance that is...
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I would avoid purchasing a reposessed car because in some cases, cars that are reposessed are trashed. I had a friend who looked...
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Yes.The answer is NO. No one can be arrested for not letting their car get repoed or repossessed.Call Toll Free (800)...
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Seek an attorney for a lawsuit! Make sure you have all of these documents for proof. Good Luck with this process! Wanda Improve...
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(note I am NOT a legal professional) I believe co-signing a loan only means that person promises to make the payments if the...
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If they tear up the car or truck they are resposable for the damage if you can prove they damaged it
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Be very careful. You must ask to have the items returned to you, or seek permission to enter the premises (from the executor),...
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In most states if they have a reposstion order they can
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Yes
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Definition of "Indemnitor": A party entering into an agreement with a surety that should a principal on whose behalf a surety...
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consumer behaviour
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They are referring to an old game show called "Let's Make A Deal". In the game contestants would be offered a chance to have what...
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AC Cars Acura Adler AEM Ajanta Group Alfa Romeo Alpine AM General Amuse AMW Anto-Rus Art Morrison Ashok Leyland Ashok...
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more than likely if its impounded it will either go to the crusher get a new title and get resold or sit there n the impound yard...
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Yes, of course it can. What makes you think that wouldn't be the case?
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"Repossession" is the act of a creditor reclaiming HIS property because you have not lived up the contractural payment agreement....
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There are thousands of used car auctions in the U.S.
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not in the U.S. don't know about other countries It can't be repossessed as far as I know, but the mechanic can place a...
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If you do not want your car repossessed, then you need to keep up with the payments on your car. If you are behind on payments,...
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ANY LENDER, by law, can reposses your car if your 1 day past due! There is no stopping them. You need to act fast before it is...
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Yes
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Contact the lender and make up all the past due payments plus the repossession fees. Answer:You can contact the lender, or you...
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Ok here we go again,what kind of acromym is bhph regardless there asking you to return the collateral because they dont believe...
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If you signed over the title to him as collateral, and you defaulted on the payment plan, he can take it. If YOU still have the...
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AnswerIm not familiar with Colorado but in most states or at least in the states that I am aware of ,if you owe a balance yes...
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There is a legal process that has to be followed and it depends on the state you live in. Most local laws require the bank to...
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You can expect repossession. As for advice: don't keep anything in your car that you don't want to haul out in a garbage bag at 2...
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If the co signers credit is going to be affected because of the lack of payments from the payee, and if the co signer is paying...
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Any repossession will appear on a credit report, voluntary or not. Where it makes a difference is when the potential new lender...
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Yes you can still turn it in. They told me that because it was involved in the bankruptcy, I could stop paying at any time and...
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It might be best to contact an attorney or get a judgment first. It all depends on the laws in your state.
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I believe it depends on what state you reside, but if you legally haven't finished the contract to pay for the car and have sold...
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Read the finance contract you signed, if it say they can do it and you signed, then yes it is legal. If you default on the loan,...
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Like the person said below me just call the bank and tell them the situation. I was in the same position as you last year. My...
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The "repo" man does not have to inform you if he is at your residence to repossess your vehicle. Once the vehicle has been...
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Pay off the remaining balance of the loan. Make sure you have a receipt or put on the check, "Endorsment acknowledges payment in...
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AnswerIf the primary on the contract does not pay then the lienholder comes after the co-signer for the payment. The credit of...
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What can be done ? Or is there a policy I heard some time ago part of the amount will be accepted bt the lender with the...
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If they have called in the note and you have not paid in full, they have the option of selling it or holding it for you. Once...
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Answernot normally the contract is with yourself, not them
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Presuming there is no agreement between that specifies something like this, you probably have no grounds of any type to get...
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NOT EASY!!! THEY DON'T CARE!!! IT'S STILL A REPOSESSION NO MATTER WHAT!!! VONUNTARY IT IS BY YOU BUT TO OTHER CREDITORS, IT JUST...
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Yes. And that will help out their credit history too:)
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No. Repossession is a civil matter not a criminal one.
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No.
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Absolutely. Once the car is considered repo'd it is all paperwork, otherwise you could just hide the car from the lender.
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There are 7 states that require the lender to notify the borrower that the lender is asserting their "right to...
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Technically, a sale is not complete until money is exchanged. The law in some states is different though, and if you signed a...
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If the repossession agent can get to the vehicle without breaking anything or causing a civil disturbance, he can take it. ...
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From experience, yes, you do have the right to get your belongings out of the car. You must first contact the repossession...
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Absolutely not. If you have that letter, send the collection agency a copy of it along with a written demand that they cease all...
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