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If you have failed to make payments on time and they repossess the car then you have no legal claim to the car. They can sale their car when and how they choose to recover their investment.
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∙ 11y ago
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Can you sell the car before they repo it if they are alraedy saying that they want to repo it?
No, the car has a lien on it. You cannot legally sell without a lien release from the lender. Be careful, you will get into serious trouble trying this. You can sell the car if the lender agrees but if they are trying to repo it i doubt they would agree to a sale at this point.
When can they repo your car after a missed payment?
It differs by states. Some aloow 10 days ,some until the lender makes a sale on the repo. Check with a local attorney.
How can Ifind out how much your car sold for after repo at the auction?
Contact the lender or the repossession agency in writing and request a copy of the report of sale.
How can you buy cars that have been repossessed by the lender?
Each lender has their own way of disposing of a repo. Most will sale them at dealer only auctions. You can purse getting a used car dealer licenses from the state you reside and attending these auctions.
Is a voluntary repossession worse than a normal repo on your credit report?
Sorry to say, its about 1% better than a 'normal" repo. try to sell the car. You'll get much more than the lender will at auction. Of course, you'll have to come up with the difference to complete the sale. talk with your lender about that idea. Good Luck
How do you find out how much your vehicle was auctioned off for after repo?
Contact the repossession agency who recovered the unit and contact the lender. Request in writing a report of sale, and request the lender to reconcile the debt to show all activity that has increased or decreased the balance.
Can you short sale your house to your spouse?
A short sale must be approved by the lender. It will not approve your proposal.A short sale must be approved by the lender. It will not approve your proposal.A short sale must be approved by the lender. It will not approve your proposal.A short sale must be approved by the lender. It will not approve your proposal.
Can you get your trade in back after repo or void of sale?
No.
What banks have repo bikes for sale?
none
How do you make a private sale of a vehicle with a lien in Georgia?
You must contact the lender. They hold legal rights to the vehicle. Selling it without their approval will get you into some financial trouble. Call the lender.
Can lender refuse a short sale?
NO
Where does one find information about repo trucks for sale?
There are a number of online websites where one can find information about repossessed trucks for sale. Some of these websites include Repodirect, Repo, RepoCenter and South Surrey Repo.
