My car was stolen by an ex, Did you REPORT it stolen?
who phoned an insurance agent about cancelling policy on the stolen car WHOs name was the policy in?? I cant cancel YOUR ins. but I can mine.So, this whole mess was supposed to be in litigation with the insurance co included. that's one issue in itselfI have been charged with a reposession due to default. I refused to pay a car payment each month for something that was not tangible. ***THIS is another issue between YOU and the LENDER.The insurance agent illegally uninsured my car and refused to estimate it. YES if you didnt pat the payments, you were in DEFAULT of the loan. So, undoubtedly YOU had the loan, who had the ins.?? That problem should help settle the repo problemAm I liable for this repossesion?
Yes they can repossess everything that you got a loan for.
As long as the bank is listed as the lienholder on the title and as long as you owe them money and haven't paid they can repossess the car.
when he has a credit
In general, if you are trying to get money from a credit card, no, you will not be able to do so at your bank without having the card present.
If you aren't paying in full they can repossess the car. To a bank " some sort of a payment " doesn't count. Call them and make arrangements.
it is up to the bank to decide. Legally, as little as 1 cent.
When the owner defaults on the loan payments
People known as Edc's may repo a car if they are in possession of an original court order from the bank
If the bank holds the loan, then yes. If the payments are stopped, the bank will repossess anyways.
The cosigner becomes the target next. If you default, it is up to the cosigner to pay the bill or both of your credits are ruined and the bank takes their usual steps to repossess a vehicle.
Yes, the bank has the right to repossess the vehicle if you are in arrears on payments.
Literally speaking, you can physically keep it until they repossess it and incur any fines/penalties/bad credit marks.
Not IF you reaffirmed the loan with the creditor.
Yes, unless there is a another previous lien holder.
I have NO IDEA, WHY look here if there is NO ANSERS
E-payment - is the electronic transfer of money from a person's bank account to pay a bill - without having to physically go into the bank or payees business. Common e-payments are:- mobile phone bills, utility bills and catalogue payments.
YES, as long as the car is collateral for a loan, they can repo it.
Once the loan is in default the bank has the right to refuse payment and repossess the vehicle.
Banks can foreclose in as short as 90 calendar days.
Yes. Having a bank account is not a prerequisite for obtaining auto insurance coverage.
Open the bank account or go and remove your hair to do this job