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What happens if you are no longer in possession of the car that is being repossessed?

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YOU are responsible for the car to the loan is payed off. The more it sells far after repo, the less you will have to pay later. get the car back, clean it up, and give it to the lender. WHY??? Folks who drive cars that don't cost them anything usually don't take care of them and the car isn't worth much when it gets to the auction. Basically you are GIVING them money that YOU will have to pay back. Its NOT good.
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What if your car is being repossessed?

Answer . \nThey will then sell the car and you will be responsible for the difference in what the car sells for and the balance on the note. Don't let it happen. Contact th

Can you get your possessions from a car after a repossession?

  Answer   you have sixty days from the date of the reposession to redeem personal property you need the primary driver /who the car's name is in to go to the repo lo

How you do get your car back after being repossessed?

  Answer     You need to contact your lender to see if they will work with you on getting caught up on your back payments.     Some state laws allow the l

What happens when you take a car out of state when it is being repossessed?

  Answer     I can can be legally repossessed no matter where it goes in the USA. As long as the repossessor can find the car and identify it as the one to be re

What would happen if someone drove off in the car while it was being repossessed?

  Answer   It depends on who did the driving. If it was the Repo guy, that's the way it should happen. If the person who THOUGHT they still ownd the car drove it off

Can you hide your car from being repossessed?

According to the repo handbook, any debtor purposely hiding collateral from the bank to defraud them is illegal and you can be arrested when summoned to the court. I am a Repo

What can I do to save my car from being repossessed?

If you're behind on your car payment, facing auto repossession  "Repo", trying to sell your car, no title... Car debt solutions  will buy your car today!! Cash!!    C

How can you find out if your car is being repossessed?

  If you have missed even one payment you can assume you car is due for repossession. Catch up on all late payments and you will have nothing to worry about.   When you

Can items be repossessed if no longer in debtor's possession?

Yes, they can be repossessed. This is a common trick many debtors try to pull. Switch the cars and the repo agent will never catch on is the thinking. Wrong. Finding cars is w

If you hide your car from being repossessed what will or could happen to you for doing this?

In some states you could be charged with hindering and arrested. In others the lender could seek a replevin against you at which time you would either give up the vehicle or f

What happens after repossession of your car?

You should be told what you need to do to "redeem" the vehicle within a short period of time (30 days usually): pay the outstanding payments, late fees and, oh yes, the costs

Can you sell your car if it is being repossessed?

Depends on the specific laws of where you live. In general, if the car you bought is being repossessed because you cannot pay for it any more, consider selling it to someone

Can a car be repossessed if its being repaired?

Yes. there have been several instances when I located a vehicle at a repair shop and sent a field agent to secure it. Often this requires the agent show the order of repossess