If the lein holder didn't authorize a repossession can the person of ownership take charge and collect the vehicle, even if it's paid on time but both parties on reistration are no longer in agreement?
Surprised the finance company would allow a second chance loan after one repossession already. If they did grant another loan, chances are that they would be watching the loan progress very closely and would take immediate action if there was a default on one payment.
They can litterally reposses your car 1 second after midnight the day after your payment is due.
The best company is always the one which offers decent prices on the vehicle in the first place, since that determines the capital sum you need to finance - the cheaper the vehicle, the smaller the loan. The second consideration would be the interest rate, so watch out for these 0% finance deals which are occasionally available.
No, finance company holds vehicle title and are mailed renewal forms for tags. Renewal fee is calculated into monthly payments and registration is paid for and sent if loan is up to date. Unless car loan was signature/personal credit type, then you renew registration yourself, finance company option is to reposses vehicle from you in first senario, ruined credit forever in second one.
The second vehicle will be covered by it's own insurance. That company will then attempt to sue the driver to recoup it's losses
How did the second continental congress decide to finance their army
You may be able to in some states, but this will not prevent the vehicle from being recovered. If you attempt to interfere with recovery by the primary lien holder in some states you can be criminally charged.
second half
General Motors American luxury vehicle Cadillac car company was founded in August 1902. Cadillac is the second oldest American automobile company behind Buick.
(A): "Can you sue the repo man if he takes your truck after you filed bankruptcy?" (B): The answer is "No". The truck is the property of the dealer, or finance company, until your final payment to them is made, and the receiver in bankruptcy may not seize property of which title belongs to a second party (dealer or finance company). Chris
Can property be legally sold as an owner finance sale when there is a second home rider clause where the mortgage company has approved the current loan as a vacation home only and that only the owners are to occupy the property.
One can find the following on the Carcraft UK website: Search for car sales, 30 second finance options, purchasing vehicle parts, vehicle servicing - MOT, car repairs, fleet managers, showrooms, to name a few.