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Probably not.
In general, the creditor must return to you any "personal property" that was within the car at the time of the repossession. However, "personal property" does not usually include anything which is actually attached to the car; those are legally considered to be part of the car itself and you don't get them back. For example, if you removed the factory radio and put in a several thousand dollar system with huge subwoofers and a powerful amp... sorry, that's gone now, it's part of the car.
You might be able to work out a deal with the creditor, if the car hasn't already been sold. However, they're under no legal obligation to do this. Also, since the car will almost certainly be sold at auction for less than the amount you still owe on it, you're going to wind up paying the difference between what the car sold for and what you still owe on it... which might have been less had you left your rims on it.
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Can you get a reposession back after filing chapter 13?
No, once a vehicle is repossessed it is no longer your vehicle. The only way to get it back is to make some sort of arrangement with the financier for you to keep the vehicle. This is usually paying off the missed payments, or even paying off the full balance. What you have to do to get it back is dictated by the financier.
Can a vehicle be repossessed if the borrower does not make a good faith payment to the lender?
Most loan contracts state that if you are late, they can call the entire amount due. If that has happened and you have not paid off the vehicle, they can take back ownership of the vehicle. Your only option is to pay it off, sell it or turn it back.
Can your car be repossessed if there are children's safety seats in the vehicle?
Yes, it can be repossessed. If you owe money on a vehicle and do not have a clear title of the car - In reality, this car is not yours until the debt is paid. The car is collateral until your pay the loan off. If the car was repossessed, the personal contents like the car seat must be given back to you.
Do you have to pay the whole vehicle off if it is repossessed?
Once a car has been repossessed, you as the owner of the vehicle have the obligation to repay any amount still owed on the loan. Once a car is repossessed, it is often sold in a repossessed cars auction by the finance company. The amount which the car was sold for will be deducted from the total loan amount and then the difference will be owed by yourself. So yes you would have to pay the whole vehicle off if it was repossessed.
How do you get paint off the rims of a car?
You could remove them from the vehicle, dismount the tires and have the rims sand blasted.
If you are the co-signer of a vehicle that was voluntarily repossessed how can you get your good rating back?
PAY THE LOAN OFF. the loan NOT being paid was what damaged your credit so start rebuilding by paying it.
After a vehicle is repossessed and you pay it off in full when does the lender have to return the vehicle to you is it as soon as its paid off or can they take a few days to return it?
If the vehicle is paid it is yours you should not have to wait any amount of time.
After you buy a repossessed car does it stay marked as repossessed as long as it is driven even though it is paid off?
The car isn't damaged, the debtor's credit rating is. There is no permanent record of the car as a repossessed vehicle like there is for a salvaged title.
Will you be notified where the auction of your repossessed vehicle takes place?
likely NOT. TFC uses a wholesale auction and you wont get in. If you want to redeem your vehicle just pay it off.
If a car is repossessed from someone at a buy-here-pay-here lot then you take the car and it is given back who is responsible for the balance remaining?
Usually when your vehicle is repossessed it is auctioned off and the proceeds are applied to the balance of the loan after any commissions, fees or other charges are deducted. You are then responsible for the remaining balance.
In Florida if your divorce decree states that each party gets a vehicle but one party allows a vehicle to be repossessed how does the other party get their name taken off the loan?
you don't. you get the vehicle and the payments.
If you take rims off a vehicle from a car lot and let it go back can they do anything?
Yes. They can charge you with larceny and you can go to jail. There you will get three hots and a cot, and wonder why you ever did such a stupid thing.
