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A third party took over truck payments but has made payments late can you self-repossess it?
Wiki User
∙ 16y ago
i have been the repoer in a similar case, third party tiried to sue, but lost. they had full use of vehicle during that time and vehicle lien remained in my name, so my credit was messed up, a lot of attempts to let them remedy the situation were ignored, they broke the contract we had.
Wiki User
∙ 16y ago
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Do dealerships take trucks back when you still owe money?
If you are asking, can you simply return the truck, cancel, the deal, and walk away, the answer is NO. If you are asking do dealers repossess trucks when you fail to make your payments, YES, if the dealer holds the lien on the truck. The only people involved with this truck are you and the party that you borrowed the money from to purchase the truck.If you are asking, can you simply return the truck, cancel, the deal, and walk away, the answer is NO. If you are asking do dealers repossess trucks when you fail to make your payments, YES, if the dealer holds the lien on the truck. The only people involved with this truck are you and the party that you borrowed the money from to purchase the truck.
Husband deployed I can't make payments on his truck can his truck be repo?
Yes
I bought a truck from someone and was making monthly payments. This person was not making payments to the bank. The truck is in the process of being reposed by the bank. Can I put a lien on the truck?
nothing you can do without a title in your name
Can they repossess my truck after I get caught up on my payments?
Yes.
Stan bought a monster truck for 2000 down and payments of 450 a month for 5 years What is the total cost of the monster truck?
Stan bought a monster truck for $2,000 down and payments of $450 a month for 5 years. What is the total cost of the monster truck?
Is it legal to repossess your work truck when you are self-employed?
Yes, if you are not making the payments the bank can repo your truck.
Are you still liable for the payments if your truck is repossessed in Alberta?
Yes you are
Do you need a cdl to drive farm grain semi 18 wheeler?
If the truck is being operated on a for-profit basis by a third party carrier, yes.
What kinds of monster truck party supplies are there on the market?
There are many options for Truck theme party supplies. Try http://www.birthdaydirect.com/construction-trucks-party-supplies-c-1076_2180.html or get monster truck party supplies at http://shop.ebay.com/i.html?_nkw=monster+truck+party+supplies.
If your a co-signer on a truck your ex-boyfriend has the truck and he was already late 3 payments and you do a voulantairy repossession and he paid and got it back what happens when hes late again?
The bank can reposess the truck and it will go against both of your credit. Unless he refinances and takes you off. See if you can make arrangments with the bank to do a loan modification to remove you from the loan. They may require prooff that you are not in possession of the vehichle and that the payments are being soley made by one party.
Can your truck be repossessed if you are using it for income?
Yes, your truck can be repossessed even if you are using it to earn an income, however, you can tell your creditor that you are earning money with your truck, and that if the creditor does not repossess the truck you will use that income to make payments on your loan. Of course, if you are not making payments, and spending all of your income on other things, then the creditor has no motive to let you keep the truck.
If you are the primary on a loan and the cosigner has the truck but won't make the payments can you go get the truck?
Talk to the bank, tell them to reposess the truck and you will take care of the payments. Then have them transfer title to you and sell the truck. That way your credit should take a minimal hit in the deal. Next time don't co-sign for anybody.
