In a word, YES. If you cannot afford to get it out of impound, they will contact the leinholder and tell them where the car is, why it was impounded, (DWI, No
Insurance, Motor Vehicle violation, ect) Please note this is NOT ILLEGAL, the law enforcement agency and towing companies/impound lots are well within their rights under the law to make these contacts and furnish this information. It is NOT a private matter, you will have no recourse, the car will be turned over to the leinholder (IE: Bank, Credit Union, Leasing Co) if they pay the towing bill and storage fees.
When you fail to pay for something that is security for the loan.
Depends on the state you live in and their repossession laws. If you are smart you will return the car if you are unable to pay for it. The car belongs to the bank until it is payed for.
Yes you do. You can file for bankruptcy and may be afforded some consolation, but by law you are responsible for the difference between what was owed and what the lender was able to wholesale the car for.
Unless you have a payment plan figures out with your loan company(I.E. i can pay 100 this month instead of 200) they will usually wait 90 days to proceed with the repossion process.
No
that's the point of repossession. you cant pay, they take it away.
Pay the car payment. So you can take your butt to work and pay the credit cards!
if im on disability and i cant pay my car payment what can i do to keep my car
You still pay the car note and enjoy the lawn decoration
yes you can if not they will just come in the night and take it.
yep....pay it off so they cant
no dah wat kind question is that :]