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Do you still owe money on a car in which they broke the ignition during repossession?
Wiki User
∙ 17y ago
from akacastro: No, if you no longer want your car. The towing company is either a subcontractor of the Auction dealers who were contracted to eventually sell your car, or the lending institution. If you plan on reinstating your vehicle, the lending institution or AUCTION dealer or towing company is fully insured while the vehicle is in their care or possession.
Wiki User
∙ 17y ago
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Can a payment be made during a repossession?
No. They're not there to collect money, they are there to reposess.
What is a contingency repossession?
One where the repossession agency receives no fees to cover the expenses incurred in the efforts expended during the recovery process unless the unit is actually recovered. No repo, no money.
What to do if you have to go to court for a vechicle repossession?
Pay the money you owe
Can you be broke?
You can be broke by not having any money.
Is it better to do a voluntary repossession?
It will save you some money BUT you will still have a repo on your CR.
Can you be threatened with repossession for having been arrested?
You being arrested has no bearing on your loan. As long as you make the payments on time there will be no repossession. The loan company does not care if you are in jail as long as they get their money.
In Georgia should you do a voluntary repossession or just repossession?
The second to last sentence should read - Never will a voluntary repossession cost you MORE than a forced repossession. A repo is a repo. Voluntary Repos will, in most cases, save you money due to the cut in fees associated with the repossession. In some cases these fees will not be any less and the cost of a voluntary repo and the cost of a forced repo are the same. Never will a voluntary repossession cost you less than a forced repossession. Either way, voluntary repossession is the decision I would make, due to the possibility of a lesser cost.
Do you have to get a job?
If your broke or short on money,then you have to.
How can you use broke in a sentence?
I was broke when I bought candy with all my money. My friend almost broke my glass cup.
Will your car be taken off of repossession if you pay money on it?
Only if you pay up all the arrears payments that caused the repossession process to begin in the first place. Partial payments will have to be negotiated with the original lender.
What do you do car was repossed dony have money to pay?
Sorry, but you will lose the car. Repossession is they way creditors guard themselves against losing money on a loan.
What does to be broke mean in idiomatic expression?
To be broke means to have little or no money. You hear it as "I'm too broke to eat at a restaurant today," or "I'd go with you, but I'm broke." Sometimes, you might hear it used to refer to a third person. This might be "She spent all her money on clothes, so now she's broke until payday."
