Can 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?
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.
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.
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.
If a cosigner has been making payments on a car at what point can they legally have the car seized and put in their name?
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.
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.
The cast of Legally Challenged - 2010 includes: Dee Marshall as Jen Rohit Sawhney as Dean Aka Dinesh Aditi Seal as Priti
What can you do to get your car back from repossession all payments made given no notification of repossession Car repossessed in Ontario Canada?
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… Read More
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.
If it was repossessed legally then he is guilty of theft
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… Read More
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.
While many consumers, especially those with poor credit, will try "in house" financing, it is typically better to finance through a bank or credit union. In house financing can legally bind you into contracts with absurd interest rates and insurmountable monthly payments, resulting in possible repossession.
READ your contract. When you are in DEFAULT, they can repo. Legally only one day, but most lenders will work with you if possible. to whom it may concern, I co-signed for someone and they coundn't make the payments. I got laid off and i couldn't make the payments. I am now currently working and i don't want to lose the car i could pay the three months car payment. could the car dealer wait… Read More
They can for the most part legally repossess the car when you miss 1 payment. This is all spelled out in the contract you signed. In reality they will, more than likely, not start repossession proceedings if you miss 1 payment. Miss 2 payments and they for sure will. If you are having problems making the payments do not just ignore this. Contact the lender and work something out. The last thing you want to… Read More
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.
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.
Can a repossession agent use the permission of a 10-year-old as a legal means to take the vehicle from the garage?
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.
Depends on the lender. Legally, one!
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..
Before your car payment is due, call the lender and ask for extra time. If you're at least a few months into the loan and haven't missed any payments, the lender will probably let you miss one or two months' payments and tack them on at the end. If you don't pay or make arrangements with the lender, the lender can repossess without warning, although many will warn you to give you a chance to… Read More
Can they legally repossess your car if all your monthly payments are up to date but you have made a few payments a day or a week late?
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?
Legally, only you and the company employing them, oh and the government.
No. It might slow him down slightly, but it will not stop him. Keep in mind that if you try to stop repossession by means such as locking devices, you could be arrested in some states for hindering. The only way to effectively and legally stop repossession is to pay the bill.
If there is an attempt to repossess and you decide to keep the vehicle can they legally charge the customer for the repossession fee?
In most states, yes. Provided the repossession company made a good faith effort to secure the unit, especially if their efforts motivated the borrower to make good on the bad debt.
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.
If you cosigned on a car loan and the primary defaulted now the lender is threatening to issue a judgment against you what does that mean and how do judgments work?
If you cosigned a car loan and the primary defaults, you are now legally responsible for repayment of the loan. If payments are not made on the loan the vehicle may be subject to repossession by the lending institution. As the cosigner on the loan you have guaranteed that if the primary does not make payments YOU WILL. If you do not want this situation to adversly affect your credit, make sure the payments are… Read More
The California Business and Professions Code is very clear on this point. The code states the following: With regard to collateral subject to registration under the Vehicle Code, a repossession occurs when the repossessor gains entry to the collateral or when the collateral becomes connected to a tow truck. You can find out more repossession related laws by checking out the website at mparepos.com. They have a FAQ page that answers all related repossession law… Read More
Can police interfere in a repossession because police in blue springs Missouri forced me to disclose third party information as they threatened to arrest me for knocking on the address of a debtor?
Police can investigate if a repossession is being legally accomplished. You cannot harass someone to collect a debt. They are in their rights to investigate.
If you received something in the mail addressed to you but you were not expecting it does this legally belong to you?
if it is addressed to you, you can legally open it.
Yes, you can move anywhere you want to, but if you are paying payments (Chapter 13) you are still legally obligated to make the payments.
Are child support payments by the noncustodial parent required if the custodial parent is remarried?
In general, yes. The payments are for the children, not the parent. The step-parent is not legally responsible for the children unless he adopts them.
can a person drive a vehicle of a deceased person that is deliquent in payments
It depends on the terms of the contract. Legally if you miss 1 payment you are delinquent and they can start repossession proceedings on their vehicle.
Legally, only one. But your contract will tell you more.
Of course you do. If you don't the interest and late penalties will add up and if it takes a while to sell the house you may lose it by foreclosure instead. You signed a contract to make monthly payments and you are legally bound to its terms. Of course you do. If you don't the interest and late penalties will add up and if it takes a while to sell the house you may… Read More
If you have someone else take over your car payments and they haven't made a payment in a few months can you legally take the car back?
No. Not if you signed the title over to the other person. If they don't pay the loan then your credit will take the hit. If the car is still registered in your name you can take it. If so, do you realize how risky it is to allow someone to drive a car that is registered in your name? You are responsible for any fines incurred, any damages in an accident, and especially if… Read More
Co-borrowers would both have to agree to sell and sign the paperwork to sell a car you are making payments on. This could not legally be done by one person.
It is possible to legally establish paternity even if the father's name is not on the birth certificate.
Can you legally collect private unemployment insurance payments while collecting state unemployment insurance payments?
If a particular state did allow both, they generally would offset the state's by the private compensation each week it was drawn.
You can if you listed yourself as the lien holder of the car at the time you transferred the title to the person making payments. If you did not do this at the time you transferred them the title, you can not legally do anything.
A house sale is legally binding once the paperwork has been signed by all parties involved. For most, this means a 30 year obligation to make monthly payments on the home.
NOT legally. That's Larceny of the GRANDEST degree.
If husband is owner of a vehicle but wife drives it who is responsible to pay the payments if they divorce?
If it is in the man's name, then the man is legally obliged to pay it.
It means you are legally reliable for your boyfriends car if he does not make payments.
Not legally, but if you bought the car from Barney's backyard sales & mower repair, maybe.
It would depend on local law; generally repossession is done after forfeiture on the loan on that car, or as part of a general claim on a person's property (to pay of debts or a fine, for instance). If such laws are not in place locally, or the rules aren't followed, repossession would still be theft. In America, in general, repossession is done by repo men, and they are allowed to repossess objects used as… Read More