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How do you get rid of a vehicle with negative equity?
Let someone else take over the payments.
How do you take over the payments of a vehicle?
You must talk to the lender who has a lien on the vehicle. It is up to them if you will be allowed to take over the payments.
Can a vehicle be repossessed if you allowed a military person to take over vehicle payments and he has not paid anything?
it doesn't matter if the pope takes over your vehicle payments. if he stops making them, your credit is damaged and the vehicle is repossessed.
What do you do if you sold a vehicle to someone with a promissory note stating they will make payments and signed the title over if they do pay?
If they signed the promissory note, then it is legal, and binding.
How does one let someone take over your 2006 Ford Escape payments?
Contact the lender. They wil have to agree to this. After all they hold the lien to the vehicle, and legally it is their vehicle until you pay fo it.
How can one get someone to take over car payments?
The best place to go for advice about someone taking over car payments is the local bank. They will be able to offer advice about what to do if someone is no longer able to pay their car payments.
Can I have someone take over payments of my car?
You can have someone take over the payments if they meet the credit requirements of the bank you have the financing with. You might also be able to get someone that wants your car to get their own financing to pay off your car.
What to do if people missed sixteen days on a payment of a truck that they took payments over from a family member and then they repossess it without motifying you?
Well, a vehicle can be repossessed with no notification, so there's not much you can do about that. If the payments were taken over by family members, it's assumed the first family member was aware someone else would be paying for the truck and so is still responsible to see that the payments are made.
How do you take over car payments from someone else?
Contact the lender and get their approval.
What do you do if you've co signed for someone and they are not making payments and you have given them money to catch up their payments and they still didn't make the payments and hid the vehicle?
You need to make those payments directly to the creditor or the late payments will be reflected as your own debt on your credit record. Thats what you contracted to do when you decided to be the co-signer. You should never hand over cash to pay loan payments to a person who is already defaulting on those payments. You may want to consult with an attorney about taking possession of the vehicle through a civil process.
How do you have someone take over payments?
You and the person wanting to take over the payments, go in a sit down with the lender who holds the note, and talk about it. The lender must agree to this for it to happen.
You have bad credit 7000 dollars for a used car can you get approved with low monthly payments?
Someone may approve you but you will have an outrageous percentage rate and your payments will be high. Safe to say with bad credit you will have payments over 500.00/month for 7,000. Try to get some of the money together or begin to repair your credit or set you sights lower for a cheaper vehicle.
