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Are you allowed to obtain your personal property from your car that was repossessed?
Wiki User
∙ 17y ago
Yes You Are !!!!!!!!!!!!
Wiki User
∙ 17y ago
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Are the repo agents allowed to come onto private property to obtain the vehicle?
YES, they are allowed to by law and usually the contract you sign gives that in writing.
Does a personal guarantee on a commercial loan appear on a credit report and are they liable for personal injury on the property being purchased?
That's two separate issues - credit reporting on a loan, depends on the financial institution - if they report it. Personal injury on a property would be on property insurance, which you have to obtain in order to purchase property.
How does a house repossession effect your credit?
In the UK if your house is repossessed it will stay visible on your credit file for 6 years. It would be very difficult to obtain credit with this on your file. It is possible to obtain another mortgage but this would be from a specific lender and your monthly repayments would be considerably higher. If you have mortgage arrears or in the process of having your property repossessed this can be stopped. If you type in your address bar "stop repossessions" you should be able to find help.
How can they put a lien on your property for a car loan?
Because you promised to pay back the money they loaned you, they can certainly secure their right to obtain repayment by having a court authorize a lien on any property likely to be liquidated when they win their case and the value of the repossessed car will not cover the outstanding payments.
Can you buy another car even though is repossessed?
If you have had a car repossessed, you have not kept up with the payments. You probably still owe money on the repossessed car. In these circumstances, the fact is that you can not afford to purchase another car and would not be able to obtain the finance to do so.
If you obtain an item free from a nonprofit organization is it legal to sell the item?
Perfectly legal. You are not non-profit, so selling any of your personal property is acceptable.
Where can a twenty year-old obtain cargo insurance for pulling a trailer?
If it is business property like gardening equipment, you can cover it under personal property which is separate from your auto coverage. If you rent and have personal property coverage, they should have a limit for the business property on that policy. If it is stuff you sell it would still be business property and they usually cover about $2,500 worth both on and off premises. Check with an insurance agent for a quote.
How can one obtain a mortgage to buy a property in Bulgaria?
It is not possible to obtain a UK mortgage to purchase a property in Bulgaria. However, it is possible to obtain a mortgage in Bulgaria, by approaching a Bulgarian bank.
Can your mother put a lien on property that she signed over to your sister with a quit claim when she is an invalid and was not allowed to retrieve her personal property from the building?
Since your mom is an invalid, she may have recourse to signing the quitclaim under duress, but you would need to get legal help. Otherwise, her quickest way to get money for her belongings would be small claims court: but make sure she has proof of the property she left. I do not know what it would take for her to be able to visit the home with a police officer to obtain her items.
If you default on a personal loan what personal property can be taken from you by the loan company?
Personal loan is Unsecured loan, that's Why none of the personal property taken by bank. Its happen only in Secured Loan.Answer & ClarificationThe lender can take you to court and obtain a judgment lien. Once they have the judgment lien they can take anything you have to satisfy the lien: your car; bank account; home; any real or personal property you own. Some creditors are very persistent and the debt grows very fast with interest and costs. Debt collectors can make your life miserable.
Why would my tenants wants to be on my home owner's insurance policy?
Not sure. But if they have no legal interest in your home then they cannot be listed on the policy. The tenants can obtain renters insurance which will cover their personal property.
Which type of law can involve real or personal property?
Essentially any law that specifies its effect on personal property or real property can involve real property or personal property.--U.S. Const., Amend. V:"No person shall be held to answer for a capital, or otherwise infamous crime, unless on a presentment or indictment of a Grand Jury, except in cases arising in the land or naval forces, or in the Militia, when in actual service in time of War or public danger; nor shall any person be subject for the same offense to be twice put in jeopardy of life or limb; nor shall be compelled in any criminal case to be a witness against himself, nor be deprived of life, liberty, or property, without due process of law; nor shall private property be taken for public use, without just compensation."Eminent domain law is particularly broad law giving government authorities the authority to assume possession of personal property, real property or rights accruing thereto, of which Amendment V implicates its existence and limits its reach.--In rem jurisdiction is a type of jurisdiction that can accrue to courts over real property or personal property within the geographical boundaries under the court's grant of jurisdiction. In rem jurisdiction is often exercised by a court where it cannot obtain personal jurisdiction.For instance, even though a court could not order in equity the payment of money by an individual ultra vires to that court as a result of a lack of personal jurisdiction, the court could still exercise in rem jurisdiction over the real property or personal property owned by that individual that is located in the forum. A court to which in rem jurisdiction accrues could lawfully and effectively order possession and other property interests in real or personal property located in the forum transferred to a party adverse to the property interest accruing to such real or personal property, over whom the court can obtain personal jurisdiction, as a remedy benefiting that party.
