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Can a bank in the state of Ohio hold the title or repossess an automobile that is in a spouse's name who did not sign the loan agreement?
Wiki User
∙ 18y ago
Yes, if the vehicle was purchased during the marriage it is considered community property.
Wiki User
∙ 18y ago
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Is the surviving spouse responsible for debt created solely in the name of a deceased when there are no assets to be sold by the estate because there were none in the deceased's name only?
Depends on the state you live in. If it is a community property state, all debts and assets are considered to belong to both spouses. If not, then only the person who signed the contractual agreement is responsible. However, jointly titled assets are not necessarily exempt from creditors. It depends on how they are held and what they are.
What type of insurance does state farm offer?
State Farm Insurance often advertises that it offers automobile insurance. This is primarily the type of insurance that the company is in the business of selling.
Can a finance company repossess your car after promising an extension?
IF you can prove any "promise", call a local attorney for state specific advice. Chances are very good that they can repo as long as you are in DEFAULT.
After divorce are you liable for credit card debt in your wife's name only incurred while married?
In a community property state both spouses are equally responsible for debts. The rest of the states consider only the account holder responsible. A few states have laws referring to debts that are considered necessities being chargeable to both spouses. These laws are vague and seldom enforceable, creditors sometimes cite them in an attempt to get the non-debtor spouses to pay.
In New York State can a lender repossess a car if it's not delinquent and has proper insurance even when you are in default on an unsecured loan with the same creditor?
You need to contact your Attorney General about this one. You will get the correct answer based on NY law. Read your contract it should state if there is any "linkage" between the loans.
What is the time span of a late payment until your vehicle will be repossessed in the state of North Carolina?
As many as your finance agreement specifies.
When was Inter-State - automobile - created?
Inter-State - automobile - was created in 1909.
Is automobile a verb?
The word 'automobile' is a noun, a word for a thing.A verb is a word for an action or a state of being."Automobile is a noun." The word "is' is the verb, the state of being of automobile.
What are the proper steps to take to repossess a motorcycle in Texas for non-compliance of details in a privately drawn up agreement?
This is best answered by a loacl attorney who knows all the details and can relate state specific laws to each.
Can you repossess a car if the person who bought it from you still owes you money for the car and you still have all the paperwork?
Your state may have other requirements that you have to meet to do so. At the very least, you need a loan contract that perfects the security agreement.
Is there a statute of limitations on car lien in the state of SC?
A lien is not subject to a statute of limitations. The lien was placed on the automobile through due process or the signed agreement entered into by the parties.
Does the cosigner on an automobile loan have to be on the automobile jnsurance policy?
Not in my state.
What is concorde?
To be in a state of agreement and harmony
What are the laws on reposession in the state of Colorado Pretaining to the time limit of seizure of a automobile due to late payment.?
Legally and according to the agreement you signed, there may be a grace period that is clearly spelled out in your contract. After that window of time, they can immediately seize your automobile due to non payment. Often if the first payment is late, they will seize the automobile immediately.
What are the proper steps to repossess a motorcycle you financed for a friend?
depends on what state you are in.
How do you become licensed to repossess cars?
depends on the state, but NC not necessary
Can the state of North Carolina charge for personal property when they repossess your car?
The state doesn't repossess your car - private companies do that on behalf of the lienholder. They don't charge you for private property left in your car when they repossess it - that would be illegal. They charge a "storage fee" for the items they remove from your car. Underhanded, yes, but they can legally do it.
