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When you try to catch your payments up to current do they still have the right to keep the car from you?
Wiki User
∙ 14y ago
Yes, as with most retail contracts, once you the borrower has defaulted on the contract, the full balance owed is due. The lender no longer is bound to take partial payments of any kind. The lender may elect to reaffirm the contract, but in doing so, it is in the best interest of all parties to resign paper.
Wiki User
∙ 14y ago
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If your car is in the shop but you are still making payments can they repo the car?
Not as long as the payments are current and have remained so.
If you have hidden the car until the payments are current can they still repossess?
As long as the contract is in default, the lender can repossess the collateral. Which would mean no? correct?? If the payments have became current the loan would no longer be in default? I am I right or wrong? You are wrong if the bank has already sent you a "notice of right to cure default" demanding full payment of the loan. Then they may (probably will)consider all the caught-up payments as part of that full payment and you have not satisfied the default. I guess it depend what state you are in, because I know in MD you can have the right ot get the car back one time, by simply becoming current with your payments and any of the repo fees.
What if your car was repossessed but you caught up payments in 7 days and how will this affect next car purchase?
It will hurt your credit but also will show you made catch up payments and are current. So if you were to buy another car in the future and they ask about it they will still lend you money for the car but you may have to put more money for a down payment.
If you own more than one property and you are foreclosing the other property how will it affect the property that is still current on payments?
There will be no affect to the house with the current payments. Even if they are with the same lender. But it will hurt your credit badly...at least for 4 years.
How many payments do you have to catch up on to get your car back?
You have to get current on your payment, plus the repo fees, plus the repo agency storage fees. And you have to do it before the lienholder gets impatient and auctions off the car - once that's done, you're still responsible for the remaining balance.
Can a motorcycle be repossessed if you haven't made payments in 6 months and then started making payments again?
Technically you breached the contract with the lender if you did not make payments in 6 months. They actually have the right to NOT accept further payments from you. So yes, it can still be repossessed.
When filing chapter 13 repayment plan do you still have to make your current monthly payments or through filing bankruptcy can they be lowered?
You have to make whatever payments are required as determined by the BK analysis, which should be lower than trying to make all your normal payments.
What happens after DNA testing Do your payments starts right away if the test come back positive?
The court still has to order the payments, but the court can go back in time, to when the child was born for example, and "start" your payments from back then.
If you cosigned on a loan and voluntary have it returned can the company still come after you if the primary signer is making payments?
Don't understand what you mean by the phrase, "...voluntary have it returned..." However, as long as the primary indebted party is current in their payments there would be no reason for the loan company to contact you for payments.
Is Microsoft Exchange Server still current?
Yes, it's still current. It is also still the best choice available on the market today. There are other choices, but this is the right one to go with.
If you make payments to an attorney for a bill you owe can he still sue you?
Anyone has the right to sue if they feel wronged. But for an attorney to sue a current or former client when the client is actually making some form of regular payments would be very unlikely. Unless the amount of the payment was just out of proportion low, like paying $10 a month on a $7,500 bill.
If you have been late on payments and they want to repossess can you still catch up without paying the remaining balance of your loan?
That option is up to the LENDER. Call the lender ASAP for more info.
