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After a bank has repossessed the car and sued you by taking you to court What rights do you have?
Wiki User
∙ 16y ago
The right to an attorney. You signed a contract, and will be held to that contract. You will have to pay the difference in the balance left on the loan and what the bank sells the car for. You may also be liable for repossession fees. You credit will be ruined for 7 years. You will loose this lawsuit because you signed a loan agreement and failed to live up to your end of the agreement. Better to settle out of court if at all possible and avoid court costs.
Wiki User
∙ 16y ago
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What if bank did not notify you of the sale date on the repossessed vehicle?
They do not have to notify you. You have no legal rights regarding car.
The bank has repossessed your car by fraud without a legal court order by coming home and intimidating you with 2 police officers and taking your car what should you do?
call the cops and some big budies
What are the rights of a person who Co signing a church car loan and the car is repossessed with the bank trying to collect?
I wish I knew
What are your rights after a bank take your property?
Unfortunately, if you failed to file court papers to stop the bank from repossessing your property, then shame on you. You could have stopped the bank from repossessing your home by taking them to court. In answer to the question above, once the bank takes your property you no longer own the house or the property. You will put out on the street and the house sold to another buyer. You no longer have any rights to the house or the land if you own both.
If your car was repossessed and was damaged during the repossession what rights do you have?
You will have to sue the lender/bank get several estimates to fix the damage file a police report, take pictures.You can sue in either small claims or regular court either way you can represent yourself.
How can the cosigner of a car immediately have possession of it after it was repossessed by the bank?
When you cosign for anyone you are taking 100% responsibility for the payments on that car. If the person that gets the car doesn't keep their payments up it will be repossessed by the bank with an option for the cosigner to take over payments or sell the car and pay back the loan. Marcy
How can you buy a repossessed truck?
Go to bank or other place that repossessed the truck. Pay cash for it etc
Does Bpi Savings Bank have repossessed cars for sale?
yes
What is worst that can happen if you cant pay your bank loan in Ireland?
Your home could be repossessed by the bank.
When your home forecloses and your RV is repossessed can the loan company garnish your bank account for debt still owed on them?
Yes, if they receive a court judgment in most states it can be used as a wage garnishment.
How can I buy Repossessed Cars from bank or title lender?
These entities regularly auction off repossessed cars. Places and times vary by bank and region, so call the banks in your area to get started.
How long does the bank have to come after you after your car has been repossessed?
Does the bank have your current address and/or phone number? They will be calling on you.
