Well, someone had the nerve to get a repo title on the bike, but doesnt have the nerve to go get the bike. Am I reading this right? YES bikes can be repossessed in Ohio. One just has to know the laws and how-tos of getting the bike out of the garage. onlinedocs Of course you can repo it as long as they are not upto date on there payments.could we be talking about Tim?
it means: sale agreed subject to contract - as in the sale of a property where the sale has been verbally agreed and simply awaits the formal signing and exchange of the legal contracts
Only if you have failed to make the agreed payments on time.
Technically yes - the vehicle can be repossessed if you are 'in default' of your obligations under the contract. So while the usual way to default on the contract is by missing payments, it is possible for you to be in default by another way, outlined in the contract you agreed to.
A contract is usually something that is signed and dated and legally binding. A commitment is just something that you have verbally agreed to do.
If your vehicle has been repossesed then your best option is to no longer make payments until this vehicle has been resold; which takes place through an auction. Once vehicle is sold you will receive a final bill for the remaining amount that was left over. The final stage of this process is to settle for 30% or less on the remaining balance.
An verbal agreement is something two or more parties have agreed to do, agreed not to do or an arrangement made verbally and not in writing. In some jurisdictions a verbal agreement can be binding if there are truthworthy witesses to it, in other jurisdictions it may not be binding.
The Atlanta Hawks have already verbally agreed to signing him this upcoming offseason behind the scenes. #watchforit
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.
NO, they can "attach" the house so that IF you ever sell it, they will be paid FIRST out of the sale proceeds. READ your contract to see what you agreed to when you borrowed the money.
voluntary repo or sell the car to someone else who will actually pay.
Of course. If you don't meet the obligations of your finance contract they have the right to reposess the vehicle. Your main obligations are to pay the payments as agreed and keep insurance on the vehicle as agreed. Read your finance agreement. I have seen many occasions when companies have to repo a vehicle because the customer won't keep the insurance on it.
Not usually, depends on the agreed terms. more often than not the buyer is responsible for registration of vehicle.
Hi Written Contracts supercede oral contracts. Some extraordinary circumstance apart, the court will uphold the written contract. Sorry. You just needed to ensure that what you signed was what was agreed.
If the bank or the entity that holds title to your car is repossessing the vehicle, that means that they own the vehicle and you have presumably agreed to make payments toward the ownership of that vehicle. If you strip it or damage it in any way, you are liable for the damage you have done, or the value you have removed from the vehicle. It gets worse. If you purposely or knowingly took value from the vehicle, the intent in which you acted toward this end will be seen by the court to cause greater penalties toward your actions. My recommendation: Do what the law says is the right action. By stating that you did not know that your act was against the law will not hold up in court. Good luck.
It depends on how you look at it, it is generally agreed that Kate Gosselin has been harsh and sarcastic. Kate admits that she has been verbally rough with other people, and that this is something she is working on.
If Wells Fargo was the institution that wrote the loan on the vehicle that is being repoed, they already have a lien on it. This is done to secure the loan you agreed to pay, that you contracted to pay. The other possiblity is that Wells Fargo purchased the loan from the originator, in this case, the same is true. The vehicle being repossessed is a clear indication you defaulted on the loan, you breached the contract. It is not the fault of the lender that you did this. It may be the result of unforeseen circumstances, but it is your responsibility.
If they are driving your vehicle, Yes. It "is" part of the terms of the insurance contract you signed and agreed too.
It means to free. Here are some sentences.Lincoln decided to emancipate the slaves.The judge agreed to emancipate the boy from his abusive parents.The hero helped to emancipate the prisoners.
Yes. All finance contracts have requirements for providing and maintaining Comprehensive and Collision coverage on a vehicle being financed under the contract. If you allow your insurance to cancel without providing replacement coverage, you have violated your contract and the vehicle will be repossessed.
As long as you are in default of something you agreed to in the contract, YES.
Verbally is NEVER a good idea. Hopefully you have written proof. If so, you can alway submit it to the Credit Bureau. At the very least, you can send in a comment stating you paid in full "per your verbal agreement". Then any Creditors can see that info when they pull your report. If you don't have written proof, you may be out of luck. Try to NEVER do anything verbally. Not all of us are "true to our word".
And the answer is YES and NO! It all depends on what are the terms and conditions you have agreed upon on your auto policy. You need to be aware of the policy values before you accept it!
call the cops. that is theft.