The bank/lending company are the ones who repo your car the repo chimps are just their agents.Your bank should tell you.
They usually take them to auction after a brief storage period either at the collection agencies or lending institutions yard.
contact the lending institution and offer to make partial payment in exchange for the title.
Yes, if you don't comply with the terms of the lending agreement.
It means that someone has borrowed money from a Bank or lending company and used the car as colatoral. Be carefull, if you purchased this car, and that lien is still against it, the lending company can come after you for the money or take the car from you.
Mortgage terms vary tremendously depending upon the type of mortgage and the company lending the money. All mortgages use the property as security and if the mortgage is not paid properly the property can be repossessed.
After many months on the market, Washington Mutual purchased Homeside Lending Group for $1.9 Million. With one mortgage company purchasing another, there is less competition in the industry.
World Lending Services is a legitimate and trusted mortgage lead generation company. They have no customer complaints with the BBB or the Attorney General's office. There are a number of negative blogs on the internet, but one will find that these blogs are all written by the same people...disgruntled former employees who were terminated for theft and embezzlement. World Lending Services is not a lender, not a bank, nor are they a brokerage company. This company is a lead generation company, and minus a bizarre smear campaign waged against this company by disgruntled former employees, it is a legitimate and trusted company.
Your local car auction can provide you with a great selection of repossessed cars and trucks. You can contact banks and lending istituions for a list of cars tey have for sale most cars are sold at auction.
Smart Lending Solutions is a legitimate and trusted mortgage lead generation company. They have no customer complaints with the BBB or the Attorney General's office. There are a number of negative blogs on the internet, but one will find that these blogs are all written by the same people...disgruntled former employees who were terminated for theft and embezzlement. Smart Lending Solutions is not a lender, not a bank, nor are they a brokerage company. This company is a lead generation company, and minus a bizarre smear campaign waged against this company by disgruntled former employees, it is a legitimate and trusted company.
Ditech, a lending company that offers lines of credit and mortgages was purchased from a private owner in 1999.
You need to persue this towards the lending institution first,since this is where the payment in question was sent. If the bank violated their loan agreement you have action against both the the bank and the repo company.