0
There are lots of types/things that may go through repossession.
My instinct is to say that, while entering your property to repossess a car or a boat parked there is absolutely OK, entering your home probably wouldn't be.
However, under the same idea, maybe it would be OK to enter to repossess something like a couch or TV in there. Sort of following that if a repossession is required, whatever is required to accomplish the repossession is OK. The courts and society basically (and rightfully) support the party who trustingly gave up assets to the deadbeat that broke his promise/obligation to repay.
Allowing him/her to just hide behind their (or some rented) door with the unpaid goods wouldn't seem to be right. Understand, the point of repossession is the goods are actually owned by the one taking them back...just in possession by someone else (until paid). The owner should have the right to get his goods when the one holding them stops paying and refuses to return them, don't you think?
A house does not need to be entered to be repossessed. That happens by paperwork at the recorders office. There can then be an eviction of the holdover owner just like any non paying tenant.
Wiki User
∙ 16y ago
Add your answer:
Earn +20 pts
What are the laws in Florida on manufactured home repossession?
In Florida, manufactured home repossession is typically governed by the Uniform Commercial Code (UCC). The lender must follow the specific provisions outlined in the UCC for repossession, which may include providing notice to the borrower and following proper procedures for taking possession of the home. It is recommended to consult with a legal professional for guidance on the specific laws and procedures in Florida regarding manufactured home repossession.
If you have a voluntary repossession can they take your home?
NO, they can attach a lien to be paid FIRST if/when the home is sold.
Manufactured home repossession law in state of Oregon?
repossess manufactured home in oregon
Who do you turn to for repossession advice on your home.?
A lawyer...only and always.
What is a repossession order used for?
In a repossession order, a lender can repossess one's home if the court approves and grants permission. The judge could either set the case aside or give a repossession order.
Can police arrest you for not making car payments?
No, provided the contract was entered into legitimately by you, and in some states you do not attempt to hinder the repossession of the vehicle. In the event you entered into the contract fraudulently, you can be charged and arrested for fraud or attempted fraud. In the event you attempt to hide the vehicle or prevent repossession, you could be charged with hindering the lender, or in some instances for auto theft.
What are the laws in Michigan on manufactured home repossession?
If a borrower defaults on loan payments for a manufactured home in Michigan, the creditor can take the manufactured home. If the manufactured home is real property the repossession and foreclosure is on the manufactured home alone. If the home is being used for residential purposes, the home is repossessed according to personal property laws.
What happens if judgment entered for car repossession in Texas?
It goes through a legal process, and if you fail to get your vehicle back, it will be auctioned of to help fund the government.
Is it still considered repossession if you willing give the bank the keys to your property before it goes into foreclosure?
Yes, a voluntary foreclosure (deed in lieu of such) is a foreclosure just as a voluntary repossession of a vehicle is a repossession. All the same penalties/fees, recovery of debt laws apply and the information entered on the debtor's credit report will be as a foreclosure regardless of the circumstances involved.
How do you put Purpose in a sentence?
The purpose of my paper is to explain the function of a rubber duck. I searched many years for my purpose in life. The purpose of the committee was uncertain. Javier entered the room with a purpose.
What is the purpose of multimedia to the human?
§ From gardening to cooking to home design, remodeling multimedia has entered the home.
What is a order used for?
In a repossession order, a lender can repossess one's home if the court approves and grants permission. The judge could either set the case aside or give a repossession order.
