This is a real easy one. PAY EVERYBODY WHAT YOU OWE THEM. I would suggest that you pay and get it out of impound as soon as possible. The storage fees will build up every day and you will be responsible for them whether you pay them now or if the finance company has to pay them later in order to repo the car. You will be responsible for all legal fees, storage fees, and any other costs that the finance company has to pay to get the car back so I would do it as soon as you can in order to keep them as low as possible.
There are some companies that will offer insurance if your license is suspended, your best bet is a local insurance company that represents multiple insurance companies.
If they're caught, your car may be impounded, and it will certainly be reported to your insurance company, who will increase your insurance rate because of it.Added: . . . and, if you allowed it, you could be charged with 'Permitting an Un-Licensed Operator" to drive.
yes it is
Call the mortgage company and ask why the payments are not being reported (its illegal to NOT report payments) Further, you can call the credit bureaus, and they will request the information from the mortgage company. Realize, that in some instances credit reporting can be suspended.
NO, It's just the opposite. An SR22 Filing does not Get your License Suspended, But rather "Failing to get the SR22 Filing from Your Auto Insurance Company" after a serious violation is what causes your license to get suspended.
You can have insurance on a suspended plate. If you get in an accident with a suspended plate, though, your insurance company may not cover the accident because the car was not legal to drive.
They won't repossess it for your license being suspended, but they can repossess it when you fail to make payments, regardless of what the current status of your license is.
The increase in your insurance payments vary from company to company. Call your insurance agent, they can give you an estimate.
It's a payment made to the policy owner by the mutual insurance company when there is a profit. The policyholders are the owners of a mutual life insurance company and they share in the profits by receiving dividend payments from the insurance company.
You will just have to contact your insurance company and ask them. Some companies will drop your policy while others will not.
A Variable Annuity is an insurance contract in which at the end of the accumulation stage, the insurance company guarantees a minimum payment. The remaining income payments can vary depending on the performance of the managed portfolio.
In some states yes. You would need to ask your insurance company if that applies to you.