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Can the bank take your car at the dealer if it is in the process of repossession?
Wiki User
∙ 7y ago
The bank can repossess their (not 'your' vehicle until you possess the pink slip) vehicle at any point where it's accessible to them, including places of business.
Wiki User
∙ 7y ago
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Is it a repossession when the bank couldn't finance you and the dealer had to take car back?
GOOD question. Read the contract. Were you in default of it?? Why didnt you TAKE the car back? Why did they have to come get it?
How long does the repossession process of a car usually take?
The repossession process of a car usually takes about 6 months
Do you call the finance company or just take the car to the dealer if you want to do a voluntary repossession and do you need to inform the finance company you're taking it back or will the dealer?
call the finance company and tell them that you want to do a voluntary repossession and they will take it from there.
If you do a voluntary repossession on your auto can your house be taken by the bank if you have no equity in it?
NO. They can't take what you don't have.
How long does it take for a bank to get the repossession process started?
About an hour. Just long enough to fax 3 pages. They do it every day so they wont have to find out how to go about it. Get your stuff out of the car. Good Luck
Do you have to bring your car back to the dealer for repossession or do they pick it up?
You DO NOT have to take it back, but it will save you some money if you do. They will come pick it up if you tell them to.
If you take a 100 dollar bill redeemable in gold to a bank what can you get for it?
$100, a bank will only give you face value, take it to a coin dealer.
What is it called if the bank has to take your car back for nonpayment?
its called repossession, which is the name of the category you put it in, so its odd you didnt know that
How long does it take a auto dealer to know the bank approved your loan?
minutes or second depends on the computer the dealer is using
How do you stop a repossession in process?
Pay the past due amount on the loan or pay the loan in full. In the event you are able to do this, it is a good idea to have the lender contact the repossession agency to cancel the repossession while you remain on hold. If you fail to do this, it could take several hours for them to notify the repossession agency, and your vehicle could still be taken.
Can the creditor garnish your wages after a voluntary repossession?
YES The bank can file suit, receive a writ of judgment and execute the judgment pursuant to state garnishment laws to recover any deficiency or other monies owed relating to the repossession. However, if the debtor has an account at the same bank where the loan is held, the bank probably has the legal right to remove whatever amount is necessary from a savings or checking account w/o the regular lawsuit process. The majority of loans procured through a bank will have a "set off" clause in the contract which allows them to take this action.
How can you get a dealer for a susan b Anthony dollar coin from 1890?
If you are asking about how to get a dealer to buy your coin that shouldn't be to hard. Take it your nearest coin dealer and see if he/she will buy the coin. If they don't take it to another dealer or put it on eBay. If none of these work take it to the bank where they will give you a dollar for it.
