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Can a car be repossessed if the debtor was not notified in writing that the bank would not be accepting anymore late payments and instead the tow truck person knocked on the door to take the car?
Wiki User
∙ 13y ago
It happened to me. No notices were sent. No opportunity to bring payments up to date. The tow truck people didn't knock on my door. They just took the car.
Wiki User
∙ 13y ago
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What are the consequences for taking your car back from a dealer after it has been repossessed?
Without proper permission (in writing) to take your car after it's been repossessed, it is considered stealing. Anything from jail time to a hefty fine. If it's been repo'd, it's not yours anymore.
What the best thing to do if I am not behind on payments yet but just can't afford mortgage anymore?
Sell the house.
Where can you send in jokes to the laffy taffy company?
They are not accepting jokes for Laffy Taffy anymore. I tried and they said no. Sorry to break ya the bad news
What would happen if the car that is to be repossessed doesn't exist anymore?
you will pay the balance that car would be worth unless it wasw reported stolen real early/ before repo
Can you surrender your car to the loan lender to prevent repo and not have to make payments anymore in California?
NOT unless the LENDER agrees before you do IN WRITING.
If you're getting divorced and can't afford the car payment anymore but still owe a lot on it so can't trade it do you just let it get repossessed?
thats what happens 99% ofthe time.
Do you have to keep making your car payments when the car isn't running and it's been put in storage?
yes you do unless you dont want it anymore.
What are sale proceeds?
If you are not behind on your mortgage payments, most likely we will not be able to begin the Short Sale process. We never advise a homeowner to stop making payments. If you are current on your mortgage but are unable to make your payments anymore, contact your lender. This would be a good time to proceed with a Loan Modification. If you do, however, become behind on your mortgage payments, we can assist www. disappearingmortgage . com you at that time.
Do you have to keep making payments for a Tablet that got stolen so you don't have it anymore?
You are responsible for the debt you incurred. It is one of the reasons insurance is a good thing to have.
You live in Florida you bought used car with an APR of 16 high monthly payments you have had the car for a year and you can not afford payments anymore Without ruined credit how can you get rid of car?
You have to sell the car. If you give it back, it will still look as a repossesion...a voluntary repossesion. You do not want someone to take over the payments,as there is no guarantee that the payments will be made on time. Sell the car or try to refinance the balance, it is the only way. Good Luck..
Why is Google Answers no longer accepting new questions?
Because there are so many people people trying to impute questions at once.Because there are millions of questions already and the website cant hold anymore.
What if your car is repo'd by a licensed pi skip-tracing who called a towing company and said he needed a car towed he didn't have the keys but he had paperwork the towing company isn't a recovery com?
First, it isn't "your car" anymore if it is being repossessed. The agency is taking back property that they own outright, and they are entitled to do just that. By whom or what towing agency the car is removed by is of no concern to the people who decided to breach the written contract by not making the agreed upon payments.
