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Yes. Technically it's the LOAN that's been written off. The lending institution can still grab their property, and make no mistake, the car is their property. Look at the title. It clearly states the lien holder as the lending institution. That means that the car is theirs until it's paid off. You just get to drive it, repair it and insure it.

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โˆ™ 2011-09-12 14:38:46
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Q: Can a car listed as a charge-off still be repo'd?
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Can your car get repod if you have the title?

If you've used it as security for another loan, yes.


Can a matured car loan get repo?

Any car you owe money on can be repod, unless you file bankruptsy


In Indiana is a repossession company allowed to drive your vehicle for personal use on your license plates and keep your personal property?

no they are they can drive it when repod but it has to be taken to a car lot or impound yard and inventory items things in the car that's why its best to keep your car cleaned out and if you know its gonna be repod take it back to your financier you have a better chance to work out a way to get it back and poss. not lose it at all


Are you still covered under parents car insurance once married?

If you are still listed on their policy, yes.


Are you allowed to get property out of car before it gets repod?

Yes, you can remove all personnel property from the vehicle. You cannot remove anything that is attached to the vehicle. Radio, speakers, GPS, etc.


If you voluntarily let your car be repossessed by the lender do you still have to pay on the loan?

Yes! It will still be listed on your credit report as a voluntary return and you will still be responsible for the cost


Who owns the car the buyer or co-buyer?

Whoever is listed on the Certificate of Title is the owner of the car.Whoever is listed on the Certificate of Title is the owner of the car.Whoever is listed on the Certificate of Title is the owner of the car.Whoever is listed on the Certificate of Title is the owner of the car.


has car been listed as stolen?

has car ever been listed as stolen?


If the cosigner and the primary borrower are on the car loan but the payment book is in the primary's name who owns the car?

The owner of the car is the person listed on the Certificate of Title.The owner of the car is the person listed on the Certificate of Title.The owner of the car is the person listed on the Certificate of Title.The owner of the car is the person listed on the Certificate of Title.


If your daughter does not live with you can she drive your car if you have more than one car in your insurance?

If your daughter does not live with you but drives your vehicles then she is still required to be listed as a driver on your policy. The policy states that all household members and regular drivers must be listed. A regular driver is anyone who drives your vehicles sometimes. This does not mean you can add a car titled to her on your policy even if she is listed as a driver but she is still required to be listed as a driver on your policy. If she is an adult driver it probably won't cost you anything anyway.


If the principal is paid in full and the only payments left are interest from late charges can they repossess your car?

YES. Not usually. In New Jersey if you have more than 90 % equity in the vehicle they can no longer take the car. BUT they can still damage your credit for 7 years and try to collect in court. In practice they almost always damage credit with a chargeoff or a closing of the account but they rarely sue for small ammounts though they still can.


What was the sticker price on a 1987 Mercury Cougar?

I still have my 1987 XR7 sticker. It listed for $17,200. Bought 12-15-1996. Still a great car!


What if an uninsured driver has an accident with your insured car?

i was rear ended frm behind by another car, the car had insurance but the person driving was not listed as a driver, can i still get paid for mu car damages n body injuries


What if you get a car from a second owner and they have not put the title in there name?

You need to go back to the owner whose name is listed as owner on the pink slip. The car registration is still in that person's name.


JH4DA944XMS054933 ?

IS THIS CAR LISTED AS STOLEN?


Who is responsible for hail damage that happened while a car was repossessed?

The owner of the car listed on the insurance policy.


How do you find out if there is a lien on your car?

It will be listed on the Title.


What are three of the top Car Clubs listed on the internet?

It is hard to choose the three top Car Clubs however some of the Car Clubs listed online include: Nashville British Car Club, Sports Car Club of America, and The 40-MPG Car Club.


Can a landlord tow your car if it leaks?

You need to check the lease on the property to see if that is covered. If it is covered in the lease then you are out of luck. Even if it is not listed you may still be out of luck if the car presents a hazard or an eyesore because it is leaking.


Is a cop car still a cop car when there is no cop in the car?

yes, because it is still a cop's car... he/she just isn't in it at the precise moment.... my car is still my car even if I'm not in it


What are the criteria for a car to listed as new?

A new car has no former owner except the dealer.


If you sell a friend a car and he defaults on the loan can you take the car back if the title is still in your name?

Was there a written contract between you and your friend that listed repossession as a cure for non payment? I would consider contacting an attorney on this one.


Can you trade in a car and you are not on the loan?

In order to trade in a car you must be the only owner listed on the certificate of title. If a creditor is listed on the title that creditor must be paid off from the proceeds from selling the car or from the new loan.


If a car is considered a total loss after an accident and the insurance company pays you for what the car is worth do you still have coverage on that vehicle if you contnue to drive it?

Usually if the car is a total loss, the insurance company will pay you and take the car. They then sell it for parts/salvage. If they let you keep the car, all you have to do is check on the current status of your policy and see if it is listed.


Can a 16 year old drive any car as long as the owner has insurance?

They can as long as they are listed on the insurance policy for each vehicle OR there is a permissive user clause on the insurance which allows any driver to operate the car and still be covered.