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Any car you owe money on can be repod, unless you file bankruptsy
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∙ 13y ago
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What happens if your car loan is illegal?
then they take your car and repo it.
Why a bank will repo a car?
Non-payment of loan.
Your husband is not on your car lease loan will he be held responsible if you do a repo?
no
What happens if you stop paying your car loan?
Repo.......homo
Can a title loan company repo your car on private property?
Yes they can
Can you get a car loan with a co-signer if you have a repo on your credit?
You should be able to get a car loan with a qualified cosigner. Even with a repossession on your credit you should be able to finance a car loan.
You loan your sister cash to buy a car can you reposs the car if loan not paid?
If it was straight cash no. If you have signed and notarized doucuments than yes you can legally repo the car.
Can a dealer collect on repo unpaid balance?
Yes - if the car loan was with the dealer, the dealer can sue the debtor for the balance of the car loan after the car is sold to someone else.
Can you go to jail if you don't pay for your car loan?
maybe, but first there gonna just repo the car
Can a car be reposessed if nothing is stated in the sales contract about defaults on a repo?
You may be confused. A repo is an act pursuant to a secured loan, wherein the vehicle is security for the loan. There is no need to use the word "repossession." A repo is only one remedy available to a lender on a secured loan.
Can you have the repo man get a car that is taken by someone who borrowed it and moved if you only have their drivers license and SSN?
IF the loan is in DEFAULT that has the car as collateral AND the LENDER issues a repo order, YES, the repo man can take the car from a 3rd party in possession.
If a car is repossessed and the loan is paid in full and you get your car back do you still have a repo on your credit report?
IF the lender posts a repo on your CR, you have one. You will have the repo on your credit report, but it should also show up as "redeemed".
