HomeCan a car repossession be legally challenged after the fact if it can be shown that the overdue payments were received in the mail the day prior to the repossession?
Wiki User
2007-02-11 15:07:47
2007-02-11 15:07:47
Not unless the borrower can also prove the lender agreed to accept the late payments in lieu of repossession action. Once a contract is in default the lender may take whatever means allowed under the laws of the debtor's state to recover the property and/or debt.
Related Questions
If you do not want your car repossessed, then you need to keep up with the payments on your car. If you are behind on payments, then your car could be taken away from you legally.
Legally if you miss 1 payment you are delinquent and they can start repossession proceedings on their vehicle.
Legally if you miss 1 payment you are delinquent and they can start repossession proceedings on their vehicle.
According to my dad i think that they are not legally able to suspend your license plate until you can pay the payments back.
No you can not "legally" hide a vehcile being sought for repossession. In most states you can be charged with a felony for hiding one.
Legally if you miss 1 payment you are delinquent and they can start repossession proceedings on their vehicle. Remember it is not your car until you pay for it. It belongs to the lender.
That would depend on the repossession laws of your state of residency. Or if different, the state where the loan was procured for the vehicle.
The cast of Legally Challenged - 2010 includes: Dee Marshall as Jen Rohit Sawhney as Dean Aka Dinesh Aditi Seal as Priti
If it was repossessed legally then he is guilty of theft
If payment terms are payment in 60 days is that legally when payment is sent or when it is received?
When payment is received. But, most lenders offer a grace period for receipt of payments, partially for this reason. Your best bet is to give no less than three days mail time for a payment to be received.
Sorry....just to start, repossession with all payments made? For not reason at all? Because the bank wants your old car so much they'll pay for the costs of getting it, storing it, selling it, getting the title, legal, etc...... Doesn't sound like the real story....and you ain't going to fool anyone by just insisting differently. So, if you feel you can prove differently, then someone took your car, and they couldn't have been doing it legally. May be a simple theft...it can't be a repossession. Call the cops and report it stolen. (But explain the circumstances, so they don't go running around on a goose chase).
if it is addressed to you, you can legally open it.
Depends on the lender. Legally, one!
legally By filing an unemployment claim and if the state finds for the employer you can appeal the state's decision.
A trust cannot be challenged if it was created before the person had dementia.
A car repossession happens when a person falls behind on their car payments and the finance company reclaims the car. The goods they are paying for on a recurring basis are not legally theirs until payment has been paid in full. Until this happens, They will not be classed as the 100% rightful owner of the goods until the lien is removed. When the payments as stated in the agreement are not paid accordingly the repossession of the goods can be taken into effect. When this happens, then a lender can take legal action against you for the money owed to them. Some agreements allow you to miss one or two payments which can be added on at the end of the term. Please be aware that, your finance company can take your car back after missing one payment. http://www.carrepossed.com
It will likely be repossessed and sold at auction, if not redeemed, with the proceeds being applied against the amount owed and subsequest repossession, collections, and legal fees. Keep in mind that you signed a contract. That contract is legally binding, and in most cases, you agreed to suspend many of your rights to property.
Your mother can legally alter the conditions of her will as long as she is still deemed to be of sound mind and body. If there is a suspicion that she is senile, then the change could be legally challenged.
Legally, only you and the company employing them, oh and the government.
NO repo agents are not certified in VA but to be a private eye you would have to be certified by the state a VA
Yes. If this is how you think you're going to skirt impound or repossession, I have some unpleasant news for you..
No, a juvenile cannot enter into such an agreement and the repossession agent could be held legally accountable for attempting/taking part in such action.
Legally, ONE day. As long as you are in DEFAULT of your contract, the lender CAN repo the collateral. Read the contract for more on DEFAULT.
Read your CONTRACT. You have to be in DEFAULT of the contract for the lender to repo. If you are current on payments, what else can you be in default of?? INSURANCE coverage?
can a person drive a vehicle of a deceased person that is deliquent in payments
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