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Buy here pay here dealer breached the contract and didn't make the necessary repairs to the vehicle Two payments were not made and the vehicle was repossessed What can we done?
Wiki User
∙ 16y ago
Seek an attorney for a lawsuit! Make sure you have all of these documents for proof. Good Luck with this process! Wanda Improve Credit, LLC
Wiki User
∙ 16y ago
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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.
Can a car be repossed after payments have been made?
Yes, if other terms of the contract are breached, such as having no car insurance.
Can your car be repossessed in Missouri if you are making payments but 45 days behind?
READ your CONTRACT. Its that simple. If you are in DEFAULT of the contract, they can repo the collateral.
Is the owner of the car responsible for any payments after it is repossessed?
As a rule, YES. Read the contract you signed for more info.
Can you repossess a car which you sold to a friend with a written contract stating that if payments are not made as agreed car will be repossessed?
YES.
Can your car be repoed if you are not behind on payments?
Technically yes - the vehicle can be repossessed if you are 'in default' of your obligations under the contract. So while the usual way to default on the contract is by missing payments, it is possible for you to be in default by another way, outlined in the contract you agreed to.
Can you get back a repossessed car if you pay the missed payments?
You get it back after meeting the terms of the contract. the LENDER will tell you how much it costs to get it back.
Do creditors have the right to refuse monthly payments on a balance due on a repossessed car?
READ your contract. It should deal with that issue. If you meet the conditions set forth by the contract, YES, they can refuse.
When can a car be repossessed in Texas?
In most instances when you get behind on your payments. The exact details of when the lender will repossess the vehicle is listed in the contract you signed when you took out the loan on the vehicle. Read your contract with the lender.
What do you do if your car was repossessed but there was no breach of contract and you are ahead on payments?
CALL a local attorney NOW. The part about "ahead on payments" scares me. How you determine you are "ahead" and how the lender determines that gets a lot of folks in trouble.
If a financed vehicle is contracted with another person who is not making payments can it be repossessed?
If you're asking whether the vehicle can be repossessed for non-payment, it can, regardless of who's supposed to be making payments. Whoever appears on the contract or paperwork for the car is responsible for the payment, regardless of what informal agreements may be in place.
Can your car be repossessed if it was in an accident and nearly totaled?
If you weren't making your payments yes. It would only be repossessed if you weren't making your payments.
