Rigo, if YOU dont know where the car is, then it was STOLEN. Sooo, YOU need to file a stolen vehicle report with the cops. If you dont file the stolen vehicle report, them it is NOT stolen and YOU know where it is. Simple huh? Rigo, cars have not fallen off the face of the earth since 1492 when CC found the Americas. Oh yeah, to answer your question, YES, they can and will take you to court to get a JUDGEMENT for the unpaid balance. Then the fun begins. You will see the creative powers of lenders in action. good Luck.
In most states creditors do have legal recourse if the debtor attempts to conceal, alter or incumber mortgaged property. If they are required to pursue these actions it will add additional expenses that you will have to pay
want to know if my car is on a repo list
They can if they have an order for repossession. You can ask to see the order, and if they do NOT have the order, then they can not take the car. The repossession would become invalid without the order to take the car.
A "repo man" can take your car no matter what. If your purse is in the car, they can take it. You will probably be called with the information on how to get your personal effects.
No.Not if the gate is locked. They would have to get a warrent. * The repo man will not come with a warrant. The Sheriff might if the bank has sued and a court has issued a Writ of Replevin. They can come on your property and as long as they do no damage they can take the car.
then they take your car and repo it.
Yes they can take the car were they need for safe storage. Just FYI if the repo company has the car it's no longer yours.
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 long time if you hide it well!
No a repo person can not break into your home to repo your car. Repossession persons can not damage or destroy any property in attempts to take possession of a vehicle.
if you are late 15 days on your payment they can take your car away.
Yes, a repo man can take your car in any circumstances. He just needs to find a means to enter the property.
No, that is the job of the company that gave you the loan. The repo company can take your car the second they find it, but the real expense and trouble comes from the loan company you stole from. If you do not release the car you are in possession of stolen goods after a court judgment.
They repo your car and sell it at auction or sometimes to a good buddy. What they sell it for is deducted from your debt but they add back the cost of the repo and selling at auction. Now - If they think the amount still owed is worth going after you and your assets -then they can go to court for a judgement. If you can't hang on to it ask them to take it back before they spend the money to repo it.
Yes, until the repo order is canceled by the owner.
They can issue a warrant for a repo if they have gone to court and determined that you are trying to steal the car. They would have to file theft charges against you first.
i think its about 3 0r 4 months then they will call and ask you where can they pick up the car
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).
I need to know how long does it take the bank to repo your car if you are 2 payments behind. Can I make arrangements to make a payment next week
No, repo persons can not enter your residence without permission and an attached garage is your property.
Perhaps, it depends on the repo company's policy.
For that to happen, the lienholder would have to take you to court for the balance of the lien, and a garnishment would have to be placed against you by a judge.
i dont know but i do believe they usually let you take out your items