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Is it legal for the finance company to repossess your car for late fees even though the loan is paid in full?
Wiki User
∙ 18y ago
Yes, the loan is not paid in full if there are unpaid lates fees
Wiki User
∙ 18y ago
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Is global edge finance a legitimate business?
is global edge finance in London a legal company
If you filed bankruptcy two years ago and called the finance company to repossess a car but they never came to get it until now do they have a legal right to it after all this time?
YES,its still their car. You should have had it towed away 3 months after filing. NO, you cant charge them storage.
Is it legal to take your car back from title loan company after repo?
You're talking about trying to repossess it from the repossessor? Short answer, no. You're committing theft - possibly grand theft, depending on the vehicle's value. But the repo agent coming to repossess your car isn't commiting theft. Double standard? No. The thing of it is, it is NOT your car - the lienholder is the sole rightful and legitimate owner of the vehicle. The repo man isn't taking your car away - he's reclaiming the lienholder's property after you failed to meet the terms of the finance arrangement.
Is it safe to outsource my company's data for finance purposes?
Usually yes, but check out the company's data security protocols, especially if you're outsourcing to the developing world. If companies in those countries divulge your data, you may have difficulty taking legal action.
What risks do organizations face when engaging in international finance activities?
International finance activities are a risky business because international business laws and regulations are not the same. It is possible for the international organization to 'dupe' the other out of money or products and the company could face no legal ramifications for the actions. Where company A could lose money and products and company B could gain money, products, and lost nothing. It is important for each company to do extensive research in verifying the legitimacy of the company and familiarize themselves with the laws and regulations in the country they are doing business.
Can a finance company change your registration when trying to repossess your car?
Is it legal to? NoIs it possible to? NoThe finance company does not have possession of the vehicle so can do nothing with the paperwork on that vehicle until the do secure possess of it.
Can a company repossess tires?
It's highly unlikely, as it simply wouldn't be worth it. They can threaten legal action and damage your credit record though.
Is it legal in CA for a finance company to repossess a car then say they didn't?
repo and say they didnt? NO, not legal. Bought back and given back to dealer?? Never heard of it. Call a local attorney for a consultation. Smells fishy to me.
In Florida is it legal for a company to repossess your vehicle if that is your only means of transportation to and from work?
YES,its legal in every state.
Is global edge finance a legitimate business?
is global edge finance in London a legal company
Is global edge finance company in lodon legal their phone number is 4420351433?
is global edge finance in London legal phone no +4420351433
If you filed bankruptcy two years ago and called the finance company to repossess a car but they never came to get it until now do they have a legal right to it after all this time?
YES,its still their car. You should have had it towed away 3 months after filing. NO, you cant charge them storage.
Can finance company repossess car for no insurance?
Absolutely. The finance agreement that you sign when you purchase a vehicle states that you agree to carry full coverage on the vehicle and to list them as the leinholder. By them being listed as leinholder they get notified of any cancellations, late notices, and renewals on the policy. It also gives them some special rights such as a 20 day notice before cancellation instead of 10 days. You pay for the extra 10 days notice. The finance agreement also states the maximum deductible that you can have on the policy. Remember that the finance agreement is a legal contract. if you break any part of the legal contract they have the right to repossess the collateral (the vehicle). The agreement also states that you are responsible for a repossession fee in order to get the car back. There is probably storage fees involved as well.
Can title loan company repossess your car in another state?
Yes. The lienholder is the rightful, legal owner of the vehicle, and can take possession of that vehicle anywhere.
What legal measures does company have to do before reposing a car in al?
The car company has to provide all the necessary notices before it can repossess a car. Also, the company has to follow the proper procedure, and avoid any actions that harass the car owner.
I need to remove my finance company's name from title. I want my CA paper title to read my name only and not company name?
You need to take the release form and the title to the DMV. They will issue you a new title without the finance company on it. They will NOT do this until / unless you have the signed title and a release from the finance company / legal owner. The process costs only a few dollars.
Can a creditor repossess a car if the account is current?
not without legal cause
