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Do I have to pay storage and towing fees for my car that has been repossessed even though I am paying out the loan and getting it back?
Wiki User
∙ 15y ago
Yes, any fees that were made to repo your car are your responsibility. In fact, as it seems your beginning to learn the responsibility portion of things - lets se if you can take that big leap and understand the costs are real...and are borne by the one creating them : Very simply...any and all expenses another will incur to maintain their rights, get paid, or have you perform as you agreed you would (in the contract/loan agreement) you signed and swore to)....anything they pay because of your failure to act as you were supposed to (including their attorney fees, interest, advertising, etc., etc.) are costs you become obligated to pay.
And of course that is absolutely the right thing....because, who else should pay for YOUR actions (or lack thereof)?
Wiki User
∙ 15y ago
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What happens if you are a few days late paying a bill?
it may carry on to the next bill or may cause some things to be repossessed other things can happen though
Can a car be repossessed when it is in litigation for redemption in bankruptcy ct though the bankruptcy was discharged?
This is a good question to ask your B/K attorney whom you are PAYING to look out for your best interests.
Can you buy another car though your first car got repossessed?
Yes, if you have the money you can buy it. If you are searching for a car loan, you may have some difficulty in that. Paying cash, no problem.
Can you take possession of the car if the borrower stops making payments even though they have been paying for a year?
Only if your name is on the title, and only if the primary borrower defaults and the vehicle is subject to being repossessed by the lender.
Can you get your engine back out of a truck after it has been repossessed?
NOT. Good try though. LOL
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.
Can you buy another car even though is repossessed?
If you have had a car repossessed, you have not kept up with the payments. You probably still owe money on the repossessed car. In these circumstances, the fact is that you can not afford to purchase another car and would not be able to obtain the finance to do so.
Can repo company repossess a boat while it is on a trailer that is not in the repossession order?
Yes. The trailer is considered personal property, much like that rod and real you left in the boat, or the motor that was not part of the loan. You will be permitted to claim your personal property for thirty days after the boat is repossessed. You will be charged for the storage of it though.
Can a motorcycle purchased on credit card be repossessed?
A motorcycle that was paid for on a credit card can not be repossessed considering the credit card company paid the dealer. You must pay the card company back though or they can take you to court.
You owe 600.00 on your vehicle can it be repossessed?
yep, technically they can do it if you only owe $1.00, though in practice this is rarely done.
Can the beneficiary collect insurance proceeds if the insured collect illegal rebating from agent?
Though paying rebate to insured by agents is prohibited, that does not hinder in the way of getting insurance proceeds.
What is the cost to replace link and sway bar dodge stratus?
About $300 is what I am paying for my 2006 stratus. THough, I really think Im getting ripped off given the part is $40
