A disabled person's vehicle can be repossessed just as any other person's vehicle can be repossessed. You must make all payments on your vehicle if you want to keep it.
As soon as a lease expires on a vehicle that you have in your possession or you default on one of your car payments, the owner has the right to have your vehicle repossessed.
Once the agent takes possession of the vehicle, they are responsible for any damages which occur.
It depends on you locatily, but in general, yes, if you are behind on your payment, your vehicle can be repossessed.
by paying the bill or rebuy it at an aucton
it doesn't matter if the pope takes over your vehicle payments. if he stops making them, your credit is damaged and the vehicle is repossessed.
Only if the vehicle is covered under warranty.Only if the vehicle is covered under warranty.
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.
Technically (and leagally) yes.
Yes it can.
Obvious answer, Yes.
Yes, it can.
No. Absolutely not. If they enter a vehicle they do not have an order of repossession on, they've committed a crime. They may enter the vehicle they are there to repossess, and only the vehicle they are there to repossess.
Usually, they do not have to tell you what they are about to do to your vehicle. But, the procedure is is that they will sell your vehicle in an auction.
If it's repossessed, it's repossessed... there's nothing to report. As long as there's a lien on that vehicle, the lienholder is the rightful owner of it, and can reclaim their property.
When a person purchases a used vehicle with an extended warranty and the extended warranty gets rejected the person should contact the dealer that sold the vehicle. The person can also contact the warranty company and inquire as to why it was rejected.
Loan and security will always be active against the vehicle. It never goes away until paid or repossessed. Yes, the collateral may be repossessed at any time.
Penn warranty company.
need a 10 day letter after vehicle is repossessed
a lender can do as he/she pleases with the vehicle after 31 days...in the state of Alabama
They have no liability for a vehicle repossessed lawfully from their property.
WE'RE ON OUR WAY!!!!!