In New Jersey, it is the responsibility of the person who registered the vehicle. When the vehicle is repossessed, the person from whom it was taken will be contacted to allow them to pick up their belongings. At this time, they will be given the plates as well as any other personal items left in the vehicle. They can then be returned to the agency.
To get your repossessed car back you may need proof of residency, insurance, and, other personal information to retrieve your repossessed vehicle back to you.
If you don't make your payments, they can be repossessed, the same as any other vehicle.
you don't. you get the vehicle and the payments.
No, but they can be cited for contempt of court if a replevin or other court order is issued for the recovery of the vehicle.
Make the idea known to the lender BEFORE you proceed. get it claer what is to happen.
Same as any other repossession, CALL the LENDER. Work something out.
In this state buying a repossessed vehicle is no different from buying any other vehicle as far as insurance is concerned. The insurance agent checks over the car, takes pictures, checks the odometer, and quotes the rate just like any other used car. Of course if you have one car and you purchase a second car, your insurance goes up.
you are still liable for that loan. the lender may decide to not accept the bankruptcy charge and go after you for the money.
To help protect the vehicle and other vehicles behind you from flying mud and small stones.
No, Not unless you used one of the other cars as collateral for the loan that bought the car the was repossessed. Then they can take the collateral too.
IF you still in DEFAULT of the contract in some other way(no ins.) yes it can be repoed. Depends... just payments no other fees etc. outstanding???