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Can a car be reposessed with out notice even if you have a cosigner?
Wiki User
∙ 16y ago
If you believe neither of you have received notice, then request proof from the lender. This doen't mean that just because neither of you signed for the notice that you can say it wasn't received. If they can show that it was mailed and returned...it was enough. They tried.
Have you talked with the cosigner, because this will be on both of your credit reports. If they don't have any proof.. get an attorney.
Good luck
Wiki User
∙ 16y ago
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Does a cosigner have rights to the car even when its paid off?
No, the cosigner will not have rights to the car after its paid off because the purpose of a cosigner is to pay off the notice if you fail to do so. Being a cosigner does not give them to any rights to the car.
Should you buy reposessed car?
I would avoid purchasing a reposessed car because in some cases, cars that are reposessed are trashed. I had a friend who looked at a car that was a repossession and there were things missing from the car (radio with CD player). I would avoid purchasing a reposessed car because in some cases, cars that are reposessed are trashed. I had a friend who looked at a car that was a repossession and there were things missing from the car (radio with CD player).
What do you need to do after your car is reposessed?
get a new car and get a life
Can your car be reposessed if you are in hospital?
Yes
Can a car be reposessed if the loan taken out on the car is much less than what the car is worth eg i have 7200 for a car and i only need about 2000 so if i default can my car be reposessed?
Yes.
What if you pay 95 percent of your car loan and you stop paying Can it be repo?
Yes! Even if you've payed 99.999999...% your car will still be reposessed.
Can a cosigner take away your car even though payments are not delinquent?
No. Unless the cosigner is also a title holder they have no legal rights to the vehicle.
What if the car repossessed got in a wreck?
If you buy a car, lend it to a friend and it get wrecked then you have to get it reposessed with a bk. What can the creditor do if the car is wrecked? Even after the bk can you be charged for missing or broken parts?
Can you get in trouble for taking a car out of state that is supposed to be reposessed?
no
Can a car be reposessed after judgment?
Whether or not a car can be repossessed after a judgment depends on the judgment.
Can a cosginer for a car loan be left off the title?
Some banks allow it as long as there is a notice to cosigner form from the bank signed. It states that even though your name isn't on the title you can still be responsible for the bank note.
If you are late on your loan payment and are a cosigner on your daughters car can they repposses the car?
If you are late on your loan payment and are a cosigner on your daughters car can they repposses the car?
