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Can a finance company repossess your car for no insurance but they knew the car had transmission and brake system problems.You got the insurance on the first like you said but still can't get it back.?
Wiki User
∙ 16y ago
I believe all they can do is fine you for not having insurance
Wiki User
∙ 16y ago
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Can a finance company repossess your car if you have no insurance?
No, but depending on which state you live in your division of motor vehicles (or equivalent) can fine you hundreds of dollars for not having insurance.
If I am financing a car and is the only person on the loan. but my brother drives it and he has full insurance on the car. so the insurance is under his name. can the finance company repossess my car?
Yes
Can the bank holding the lien on a car find out if you have only liability and can they repossess if they require full coverage?
Absolutely! The insurance company should be sending the lien holder a copy of your policy and if you are not providing full coverage they will either repossess the car or purchase Lender's Single Interest Insurance (very expensive policies) and add the premium to your loan.
If your vehicle was damaged while in parking gear and the insurance company refuses to pay for transmission damage what recourse does one have?
Are you asking about transmission problems that someone hit you while in park? Or that you didnt have money to fix it and asked the insurance company to help? If its the first scenario, you will need proof that the damage done to your transmission was a direct result from that accident. If its the second one, your insurance doesnt have to pay anything, as that's what warranties are for, not insurance policies.
Can a finance company repossess your car if your license is suspended?
They won't repossess it for your license being suspended, but they can repossess it when you fail to make payments, regardless of what the current status of your license is.
Can a finance company repossess a car if more than half has been paid?
They can repossess with any amount owed if unpaid.
Can dealership repossess car if i bring it in for service?
No, but the finance company can.
Can the credit company repossess your new truck if you voluntarily let them repossess your old truck?
Only if the two loans were "cross-collateralizied".
Can your loan company repossess your car if you are in arrears but are making payments?
Yes.
My car was in an accident and is still at the body shop which hasn't been paid yet he finance company wants to repossess the car. Can they repo it from the body shop?
Yes, the finance company can repossess the car from the body shop. They would likely wait for the car to be fixed before they repossess the car.
Is there a such life insurance company as federal life insurance company?
There is an insurance company called Federal Life Insurance Company.
Repossession of kitchen cabinets?
There are some companies that will repossess kitchen cabinets if they are not paid for. If the cabinets are not paid for then the company can either repossess or take the owner to court.
