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Q: Can the bank take your other possessions when they repossess your house?
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How do you use repossess in a sentence?

The bank's repossession of their house left the family with no place to live.


If you have two car loans at one bank can the bank repossess both even?

Yes they can repossess everything that you got a loan for.


When a bank repossess someones car?

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.


What happens if a house with a mortgage is left to adult children who do not want to assume the mortgage?

The house has to be put up for sale and the profit will be divided between the children. You may also let the bank repossess the house if it has little value.


Can a bank repossess a car who's registration is past due?

no


Can a bank repossess my car if I am making some sort of payment?

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.


When can a bank repossess someones car?

When the owner defaults on the loan payments


Can a bank repossess a paid for car for other credit debt i own the car but i owe a lot of other debt?

The bank doesn't own the car. Unless you used it as an asset, or collateral for a loan from them, they should have no hold on that.


How much has to be owed for a bank to repossess a car?

it is up to the bank to decide. Legally, as little as 1 cent.


Can the bank repossess your home when child is in full time education?

yup


Can a bank repossess a car if taken to dealer for repair?

A dealer will never repossess, UNLESS they are also the financier. most dealerships sell the loan to a bank, whom you make payment to... this bank will be the "reposseser". Now, that's not to say that the bank will not notify local dealers to be on the lookout for a car they are actively chasing to repossess, but most of the time they will just come to your residence to serve the repo. I have never heard of a dealership doing so, because most banks have folks that can get your car by other means if they want it back bad enough.


If a person dies can you give car back to bank?

If the bank holds the loan, then yes. If the payments are stopped, the bank will repossess anyways.