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Can your loan company repossess your car if you are in arrears but are making payments?
Wiki User
∙ 17y ago
Yes.
Wiki User
∙ 17y ago
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Can a finance company repossess your car when you lose your job?
Only if you stopped making payments and are behind on your on your payments.
If i stop making payments on a camper my dad had in his name only and he died what can the finance company do to me?
Repossess it
Can a creditor repossess property if you are making payments?
no they cannot
Can you repossess a car from your ex if they are not making the agreed upon payments?
i think so:D
Would your car dealer have you locked up for not making payments?
No, they'd repossess your car.
Can a cosigner repossess a car if the primary borrower stops making payments?
No. Only the lender can "repossess" a vehicle. You need to keep making the payments to protect your own credit. It is likely you would need to bring a court action, prove you are making the payments and petition the court to order a transfer of title.
When can the government repossess property such as a car?
when you arent making payments for several months when you dont pay your taxes
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.
If you are in repossession status and are making efforts to pay on your late payments can they still repossess your vehicle?
Once the loan is in default the bank has the right to refuse payment and repossess the vehicle.
If loan is not reaffirmed on a mortgage is the property still mine payments are made on time?
as long as you keep making payments the lender will probably not repossess the property. however, if you miss one payment the lender can repossess the property at any time.
If the obligor is making child support payments do they still owe arrears?
The arrears should be addressed in a court order so that an additional amount is added to the regular payments. If arrears have been established by the court then review the court order for the payment schedule.The arrears should be addressed in a court order so that an additional amount is added to the regular payments. If arrears have been established by the court then review the court order for the payment schedule.The arrears should be addressed in a court order so that an additional amount is added to the regular payments. If arrears have been established by the court then review the court order for the payment schedule.The arrears should be addressed in a court order so that an additional amount is added to the regular payments. If arrears have been established by the court then review the court order for the payment schedule.
What is the definition of arrears as per the accounting book?
In accounting, 'arrears' refers to debt that is overdue. For example, if someone were making monthly child support payments and skipped a month but paid the rest, the skipped payment would be considered 'arrears'.
