If they come to repossess it, and you claim to not know where it is, then the repossession agent will report it stolen. At that point, anyone found in possession of it is in possession of a stolen vehicle.
no that's illegal and you shouldn't have bought it if you didn't have the money crackface.
Yes...thats what repo-men do.
I am not 100% on this but I am almost certain that they can as if an item is inside the home they can come in to take those
The bank that you have the loan with hires repo men to repossess the vehicle
Yes they can come on private propery to repossess a vehicle. If they damaged your property, then call the lender and demand they repair the damage. You may have to sue to recover the damage.
Yes. It is their job to take it and they will do it by force if needed. Better to be peaceful than risk the cops getting involved.
Hey Hun, if you do not make the payments they will come to repossess your car.
They should offer you a chance to get your belongings out of the car when they come to repossess it. Their repossession order covers the vehicle they're repossessing - it does not give them entitlement to your personal belongings.
I can't, but if you don't make payments on it they can come by and get it.
yes if it is open
there are PRIMARY liens and SECONDARY liens. Like first come-first served, goes by DATE of lien. READ YOUR CONTRACT. You were NOT as slick as you thot you were.
Yes, if it was not locked. They cannot breach the peace to repossess a vehicle but they can come on your property to get their property, namely the car you do not own. It is their car until you pay for it. So legally they have only recovered their property.
What exactly are they going to repo,you the vehicle was stolen and you no longer have it right, come on use the thing attached to your kneck.
No, they are allowed to come and take it away.
It would be in your best interest to try and negotiate something with your creditor. What will probably happen if they repossess your vehicle is that they will auction it off to the best bidder in an attempt to recover what you owe on the car. If the best bid does not cover the debt you owe, they will come after you for the balance. So you will be stuck paying the balance on a car that you don't even have anymore.
depends what you're trying to return it for. if it falls under your local "lemon" laws then you have grounds for a refund of purchase otherwise you're stuck with the vehicle or you can stop paying and they'll come repossess the car.
Unless it's explicitly stated in the fine print that they can't do any such thing, they have a right to repossess the moment the payment is rendered late, if they so wish. However, if you have documentation from the bank showing them explicitly giving you a deadline date, and they come to repossess before then, you may have grounds for a lawsuit. However, you would need to find out if it was the bank which had your car repossessed on that particular day, or if it was the repossessors jumping the gun and going forth with it before the date which they were specified to take possession of the vehicle.
nobody (anyone can come, nobody can come.)
YES, if there is no breach of peace
I don't think so. The co-signer is not the registered owner and has no claim to the vehicle. Only the bank or the loan company (which lends the buyer the money and holds the vehicle title until it's paid for) can repossess. The co-signer just guarantees the loan. If the buyer defaults, the bank will come after him to make payments.
Only If the company hired to repossess the " Unit " Has a snatch / repo truck and can get the vehicle lifted and strapped. Reason being in all 50 states that recovery agents run in """" Once the unit is attached to the vehicle ITS Theres """" Furthermore If a debtor refuses to vacate the vehicle the cops can and will come assist the recovery agents in the removal of the debtor.. Charlie, Premier Recovery Augusta Ga
Ive never heard of a repo company just giving up, they dont get paid unless they get the car. They will eventually catch the car or have a sheriff come out and help