Automatically becomes part of the car when it is bolted on. say good bye to it.
Anything that you might need a bank loan to get.
NOT legally. That's Larceny of the GRANDEST degree.
I want to take the company that repoed my truck to court. I need to know what the statue of limitation is to file.
YESThis is in the REPO section so:An item, or vehical that is Repoed will be repaired and sold or just sold.In most cases the person who the item is repoed from is responsible for the remaining loan amount, fees and costs incured in the repo and sale proccess. This includes damage repairs or fees related to damage.
The police are not usually involved in a repo. The finance co. can legally take back their security if you default- and probably won't give it back, but you can contact them if you want to.
Financially it doesn't matter, but at least you know when you're going to drop it off rather than have it repoed and have to walk home, and it's usually a pain to get your personal belongings from the repo guys. Also if you have anything aftermarket, including stereo, they won't let you take it.
No As far as finance company is concerned the car came with wheels, it has wheels on it when repoed. Done deal.
100% find out where it is at and schedule an appointment. you can only get your personal belongings, anything installed on the car is considered part of the car and cannot be taken.
NO.
The co-signor IS liable for the debt if the car is repoed. The bank can get a judgment against the co-signor as well as the signor. They can garnishee wages and/or get leins against BOTH signors other property. Anything that has a prior lien on it will be subject to the PRIOR leins being satisfied first.
A repoed auto is usually sold far below its retail value. If you have a chance to sell it yourself and pay off the loan before it is repoed you will be dollars ahead, even if you lose money on the deal.
another cars can not be moved with out owners ok.and yes they can get the car from your job.while your shoping, inside paying for gas