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YES, If the note is not paid on time they can. If you want to know what they can and cant do read your contract (all of it) It spells out what would cause them to repo.
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Can the finance company garnish your wages for the amount of a repo?
IF they get a JUDGEMENT, they can. The amount of the repo is small compared with the remainder of the car loan but they generally sue for everything.You can fight it and counter sue to reduce the amount you owe.
If you make a parshall payment on your loan can the loan company still come after your car?
YES they can. A partial payment is not the full amount owed, so they can repo the car. If they say they won't if you do this--get it in writing, or re-finance the car.
Why do finance companies hire private investigators for repo?
Finance companies do not ordinarily hire private investigators to repossess a car. They normally hire repo professionals to do that. These folks investigate the whereabouts of the vehicle, identify it, and tow it back to the rightful owner, the rightful owner being the finance company. However, the vehicle is usually towed to a staging lot, usually the repo's business address, and arrangements are made to make up the payments by the buyer, or, repo places a for sale sign on the vehicle.
Can you go to jail if you don't pay for your car loan?
maybe, but first there gonna just repo the car
Can a finance company repossess your car after promising an extension?
IF you can prove any "promise", call a local attorney for state specific advice. Chances are very good that they can repo as long as you are in DEFAULT.
Can your car be repo if you have no insurance?
The repo man will not care if your car has insurance or not. If you haven't been paying for your car, the finance company or bank will take their car back.
A finance company is trying to repo your car in Tennessee can you get in trouble for hiding it?
yes
How do you go about getting your car that has been repo?
Contact the finance company and pay the bill[S{
How do you get a car back from repo?
If the car has not been sold you pay the back payments and any fees.BUTThe finance company does not have to allow this.
Who do you call when a car is up for repo?
If you want to voluntarily surrender your car, you can call the finance company and ask for instructions on how to proceed.
Can a repo car lease be reported stolen too by the financial company?
No! If this is a threat by the finance company contact a attorney. He/She will advise you what you need to do.
Is it a crime to hide a car that's up for repo in Georgia?
That act in itself isn't a crime. However, if you tell a repo agent you don't know where the car is, then the repo agent will report the car stolen on behalf of the finance company (the rightful owner of the car).
Can a finance company repo your car if you are current on payments?
No...if you are completely current...and have nothing owing from previous months..again no.
Can a finance company repo YOUR car if YOU are not behind on YOur payments in Washington state?
If you are up-to-date then no, if you are a cosigner there may be complications...
Who does repo agent report to once car is repo'd?
I would hazard a guess that he contacts the finance company first.
Who do I contact to turn in someone who is hiding a car due to repossession?
If you know who there finance company is you can call them directly. Or you can call the repo comapany. Some finance companies and repo companies actually give a reward for contacting them and telling them where it is.
Will dealership notify finance company to repo your car if you bring it for service?
Nope. The dealer is completely unaware of your financial situation.
