It will definetely be covered if the person had a drivers license and insurance on their own vehicle...but it should be covered as long as their vehicle was sitting when your vehicle was wrecked...but also since you were in the vehicle at the time of the accident it should be covered as long as they had a license
When the car gets back to the bank, its sold and the debtor owes the difference between what it sold for and the outstanding balance on the loan. IF it sells for more than is owed, debtor has to pick up the check for the surplus. There are no differences between a voluntary repossession/relinquishment of vehicle by the borrower and the forced repossession/recovery by the lender, except for some of the repossession costs such as towing. FYI, a bank will not allow you to return the vehicle in the sense that you can "drop it off" somewhere.
When a vehicle covered by insurance gets wrecked, the insurance company looks at how much it will cost to repair. If repairing the bike costs more than it is worth, then the insurance company declares it totaled and pays for a replacement.
If a person's car gets repoed, the bank can report it on their CR in any state. When they redeem it doesnt matter, its the fact that it got repoed that gets reported.
It gets repossessed again.
A repossessed vehicle is sold at auction to repay the lending institution. After the vehicle is sold, any money will be used first to pay the auction company, the repo agency and then all remaining funds will be applied toward the amount due on the loan. If anything is left over, you should get it. If there is a deficit, the bank will contact you to make arrangements for collection of the amount owed. You typically don't get any money "back", but usually end up owing the bank.
the government distributes money to banks all over the world. the bank gets a whaty ever they giv out. for example if a bank a bank gave out 1,000,000 they would git that back with intrest
Not until you get your title back. Pay off your loan, get your title back, then you're free to do with it what you will. And if you don't pay your loan to get your title back, the pawn broker gets ownership of that vehicle, and will report it stolen if you refuse to turn over your vehicle to them.
Do not use it if you have waranty good but if not your screwd my got wet and wrecked my game
What happens is this, the vehicle gets repo'd. You still owe the deficiency after the vehicle is remarketed. The bank will take you to court for the deficiency. If you do not pay the deficiency if you are ruled against, they may garnish wages by court order. It takes legal action for wages to be garnished.
It gets placed in the junkyard. In order to get the vehicle back you must you pay your bill, as well as pay your local junkyard company to get your car back.
if an individual gets any sort of service from that bank he is called the customer of the bank
The dealer's been paid... that's the point of financing a vehicle. The dealer doesn't release the vehicle until they get theirs... the finance company gives them theirs, and holds onto the title until you repay them that amount plus interest. The only dealerships which would have any stake in you would be the "buy here, pay here" kind, which wouldn't be dealing with a bank if that were the case with one of those dealerships.When a car gets repossessed, it'll go to auction (or it is possible for it to be directly sold, such as in the case you describe above). You will owe THE BANK the difference between what you owed them previously plus fees (repossession and storage fees, auction fees, etc.) minus what they raked in from the resale of that vehicle.If the dealership buys the vehicle back from the bank after it's been repossessed, they have no stake in you - they were paid for that vehicle in full when you financed it. They're buying it back at their own risk.
Counting money, adding properly, and ensuring the customer gets the right amount of money back.
An intermediary bank is one that receives payment before it gets to the beneficiaries bank. This is the middleman between the paying bank and the receiving bank.
Yes all the financials including the bank account are checked to approve the any kind of loan, where the bank gets to know the default ratio of the person (if any), even the Cibil rating are also checked .
The Chaperone. It is a movie about a man who just gets out of prison for robing a bank and trys to get his family back in order.
The bank receiving the money is the payee. The payee gets whatever from the payer.
He or she is commonly called a "bank courier".
An example on how a bank uses its money Example: $100/100%/deposit When a deposit is made, 10% is held in reserve. The other 90% is loaned out. A bank can loan some money to another bank or loan it to someone who promises to pay it back. Through the loan, it recirculates and gets reused in the economy.
if bank closes yr account,it gets closed,or dead.
Merchant card processing is necessary for a business to accept payment by credit card. Specifically, it allows a business to be reimbursed by a bank. When you pay your credit card bill, the bank gets its money back.
We need a bank because without it we cant make loans and if we cant make loans we cant buy off land and property and things we need and once we buy these things and pay back the loans the bank gets more money wich goes to the government
what happens to Kagome Higurashi when she gets shot in the back!