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What else can I help you with?
If a bank repossesses a car do they have to return it if you file Chapter 7 bankruptcy?
No.
What is your liability if your finance company repossesses a damaged car?
100 percent
What can happen if your car is stolen before the bank repossesses it?
Don't do it! You will get caught.
In California if the bank repossesses your car do you still have to pay the loan off?
YES.
Can your car be reposessed if you move to another state?
Yes, your car can be repossessed. I ship cars for a company that repossesses cars out of state all the time.
How does a Michigan company repo a car in South Dakota?
The creditor is the one who repossesses the car. They simply hire an agent in the area to do the repo. As long as they hold the lien, they're the rightful owners of the vehicle, and have a right to reclaim their property, even across state (and even international) boundaries.
What is the definition of repossession?
Repossession is when something is returned to its original owner. An example would be when a car payment is not made, and the owner of the car's title repossesses (takes back) the car.
Can a person that repossesses vehicles not be responsible t leave any forwarding information as to where they took your vehicle to and how to get ahold of someone to get your personal belongings?
It doesn't matter who repossesses a car, The person has to report the asset as repossessed to Local Law Enforcement other wise you can report that asset stolen.
How long does Louisiana auto repossession take?
That depends on the terms put forth by the lending institution - they're the ones who repossesses your car, not the state.
What is the meaning of lien balance?
The right to take and hold or sell the property of a debtor as security or payment for a debt or duty.Also can be said asSecurity Money
How late do you have to be on your payments before the financer repossesses your car in California?
Butch, read your contract. Most say only that you have to be in DEFAULT. Sooo, your answer?? ONE DAY.
Can a vehicle be impounded of forfeited?
It can be impounded by the police, a repo man, or for being parked illegally on private property. It can be forfeited if you fail to make payments on time and the bank repossesses the vehicle.
