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READ your CONTRACT. IF the contract is in DEFAULT, the collateral CAN be repossessed.

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โˆ™ 2015-07-15 18:40:58
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Q: Can a vehicle be repossessed if the payment is 21 days late in New York State?
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How long do collection agencies have to recover debt after a vehicle has been repossessed in the state of New York?

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In New York State can an automobile be repossessed if it is in a carport and the repossessing agent does not notify you of his presence?

Yes. New York follows UCC laws when it pertains to the repossession of a vehicle. The borrower does not need to be notified of the action and the vehicle can be taken if it is not in an enclosed garage or locked property and there is not a breach of peace.


Car repo in ny?

A car can be repossessed in the state of New York if payments are late or defaulted. The only way to not get a repossessed is to make your payments on time.


Is it legal in the state of New York to be charged a fee to collect your personal belongings from a repossessed vehicle you don't plan to get back?

Yes. It is your personal property. It is taking up space on the property of the repossession agency. They may charge you for using that space.


New York State Vehicle and Traffic Laws?

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What is the time period given before a car can be repossessed by a creditor in new york state?

Read the contract you signed. it likely states that when in DEFAULT, the lender can repo the collateral. Default is when you dont pay a payment as agreed or any other condition of the contract. No rocket science here.


Why was the name New York important to the State?

The piece of land New York is on was given to the Duke of York as payment for a debt. Naturally, the Duke named the piece of land New York because he is Duke of York.


Does a 21 year old car need an emission inspection in new york state?

Yes, all New York state vehicles must pass a vehicle inspection in order to be driven legally. The vehicle must meet the requirements for the year that the vehicle was manufactured as well as a safety check.


What is the statute of limitations for debt in new york state?

i have a debt that I have been unable to make a payment since 2002. It is now 7/2008, what is the statute oflimitations for debt in new york state?


Can you drive in New York with a Florida learners permit?

Yes, with restrictions. While you may operate a motor vehicle in New York State on an out-of-state learner's permit, you will be subject to the restrictions imposed on permits both by the State of New York and the state issuing the permit (in this case, Florida). Additionally, the State of New York does not allow an out-of-state permit holder to drive in New York City.


How may you get a duplicate title for your Toyota which was lost when you moved to New York State?

Contact the DMV from the state you had the vehicle registered.


Can your payment from New York be transfered direct to your bugiri branch?

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Can the front license plate of a New York State vehicle be removed?

Yes, becuase all can


New York State Vehicle and Traffic Law Section 403?

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If a small payment is made after the statute of limitations expired does this reset the clock in New York State?

To the best of my knowledge, YES. Thank you for including what state you were inquiring about.


What is the percentage of cars that get repossessed in New York after purchase?

0.36 percent of cars purchased by owners acquiring loans are repossessed in a quarter in the New York. Repossession occurs as a result of failure of stressed borrowers to come to an agreement with their debtors.


If your car was repossessed does the car loan company have the right to put a hold on your bank account then over draft it?

no the only thing they can do is take it out of your paycheck. Even In New York State


In the state of new york can you register a vehicle when the title is in someone else's name?

In the state of New York, you can only register a vehicle when the title is in someone else's name if you have power of attorney for that person. If you are registering for a person in the military you must have the forms MV-454 and MV-456.


Does New York State have the right to cure?

New York state does not have a right to cure or opportunity to repair law. In New York, a creditor may repossess your vehicle with no prior notice, once you are behind in payments. They must notify you by first class mail within 24-hours of the repossession, and notify the nearest motor vehicle office.


What are the penalties for parking in a handicap vehicle space in NYC?

In New York City, parking in a handicapped vehicle space is penalized with a $180 fine. This cost also will include a $30 New York State Ciminal Justice surcarge.


Is it necessary to have gap auto insurance in New York State?

In New York state it is necessary to have gap auto insurance. It is the seller's legal responsibility to include gap auto insurance in the cost of leasing the vehicle.


What you he first car in united?

New York was the first state to pass a law which required vehicle occupants to wear.


Where is New york state tow truck law?

New York State does not have any towing regulation for the state. Each municipality may have one. Check the municipalities village or town code. remeber your vehicle insurance does not cover exorbonate tow bills.


Which is correct New York State or New York state?

It is New York State or the state of New York.


Can you drive a car with a bill of sale until you can transfer the title?

It depends on the Motor Vehicle laws of the State the vehicle is in. In New York, you cannot register a vehicle unless the Title is presented at the time of registration. The Bill of Sale is worthless without a vehicle title