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Can a computer be repossessed if payments can no longer be made?
Wiki User
∙ 16y ago
Yes it can
Wiki User
∙ 16y ago
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What happens to payments made after a car is repossed?
Payments made after a car is repossessed will no longer be returned to the debtor. In fact, the lender can still require the debtor to pay the remaining balance of the loan.
Can TVs be repossessed in Texas?
Yes, TVs can be repossessed in Texas. The television that is purchased on a rent-to-own plan or that is in the process of payments for ownership can be repossessed if those payments are not made in a timely manner.
Ways to cause your car to be repossessed?
The only way you can have your car repossessed would be to not make any payments. If you have taken out a loan and have not made payments, they will take your car away.
Can a motorcycle be repossessed if you haven't made payments in 6 months and then started making payments again?
Technically you breached the contract with the lender if you did not make payments in 6 months. They actually have the right to NOT accept further payments from you. So yes, it can still be repossessed.
If you have made a payment arrangment can your car be repossessed?
Only if you have failed to make the agreed payments on time.
Can furniture be repossessed if payment has not been made in 6 months but you start back making payments?
Yes, furniture can be repossessed if you start making payments again after 6 months, especially if the missed payments are not caught up. The creditor can refuse the payment if court proceedings are already in progress.
Can you repossess a car which you sold to a friend with a written contract stating that if payments are not made as agreed car will be repossessed?
YES.
Can an engagement ring be repossessed?
a very expensive bridal set was charged at a local store. Now the marriage is over after 6 weeks? can the bridal set be repossessed by the store if payments are no longer made? It is more likely that the seller will sue the purchaser, and obtain a court order to have the purchaser's employer withhold money from that purchaser's pay. This is known as garnishing wages.
Will it affect your credit if a car is repossessed after the lease has ended?
YES - the fact that the original term of the lease had past has nothing to do with it since the payments weren't made.
How many days late on car payment before it can be repo?
The length of time that a car payment can be late without being repossessed will depend on the bank or car dealers agreements. Payments made after a month may be in jeopardy of being repossessed.
If you had a car repossessed 6 and a half years ago made a few payments after that but still receive collection letters will they stop after 7 years in FL?
The SOL starts when you made the last payment.
Can a repo man take a truck and trailer?
Most usually they are empowered to take items where you haven't made the payments. If both the truck and trailer were being repossessed, then you are stuck.
