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Yes, your truck can be repossessed even if you are using it to earn an income, however, you can tell your creditor that you are earning money with your truck, and that if the creditor does not repossess the truck you will use that income to make payments on your loan. Of course, if you are not making payments, and spending all of your income on other things, then the creditor has no motive to let you keep the truck.
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If your workers truck was repossessed and he had your tools inside how do you get your tools back?
ask the guy that repossessed your workers truck for the tools that were in that truckask the guy that repossessed your workers truck for the tools that were in that truck
How can you buy a repossessed truck?
Go to bank or other place that repossessed the truck. Pay cash for it etc
What do you do once your car has been repossessed?
I have a welding machine on the truck they repossessed can they keep that?
Can the your income tax refund be garnished?
I had a car that was financed through HSBC repossessed last year. It was repossessed. Can HSBC take my federal income tax refund for this repossession?
Can a truck that is disassembled for repairs be repossessed in Arkansas?
If the company has grounds for repossessing it, yes. Just because you're not using it doesn't mean you don't pay for it.
How can I get my repossessed truck back in Indiana?
The only way to get a repossessed truck back in the state of Indiana is to pay the balance owed. Sometimes, you can contact the lender and make arrangements to get the truck back without paying the whole amount.
Are you still liable for the payments if your truck is repossessed in Alberta?
Yes you are
Does having the title to a repossessed truck give you any legal rights?
NO, the truck probably has been sold already and the lender got a repossessed title to sell it with. Of course they do make mistakes. LOL
Can your car be repossessed by the car dealership if you never gave proof of income?
If you are not making the required payments to the finance company that holds the lean on you car it may be repossessed. Proof of income is not required or relevant.
Can your federal tax refund be taken if you cosigned for a truck that was repossessed?
Legally, YES.
Can you get your engine back out of a truck after it has been repossessed?
NOT. Good try though. LOL
Can a backhoe and trailer be taken with repossessed truck?
If they only have an order of repossession of the truck, then no. Otherwise, the trailer and backhoe would be considered stolen.
