If the bank has an order from a judge to liquidate or surrender property to satisfy a judgment, then yes, they may.
Only if you are the holder of the loan, or a court has ordered the surrender of the vehilce to you. As a simple lien holder, you can only block the transfer of the title and possibly recover from the sale of the vehicle.
no that's illegal and you shouldn't have bought it if you didn't have the money crackface.
Yes. You will be served with an order to appear. On your court date, you will be ordered to surrender the vehicle and the lender will be given a replevin by the court. This is in essenece an order by the court for you to return the vehicle to the lender. When the replevin is served, you will surrender the vehicle or you will be taken to jail and remain there at least until the vehicle is surrendered, perhaps longer on felony charges.
Yes...thats what repo-men do.
A cosigner or coowner cannot repossess a vehicle. That is something the leinholder does.
I am not 100% on this but I am almost certain that they can as if an item is inside the home they can come in to take those
The bank that you have the loan with hires repo men to repossess the vehicle
Yes they can come on private propery to repossess a vehicle. If they damaged your property, then call the lender and demand they repair the damage. You may have to sue to recover the damage.
The buyer has the right to surrender the vehicle before he picks it up. Or pay for it.
When you don't pay for it.
need approval from hair vehicle
A creditor can repossess a vehicle at any time after a default(late payment, lack of insurance, etc.) occurs on the contract.
Can you surrender your vehicle after filing chapter 13?
Unless you are a creditor, I assume you mean can you surrender a car to the lender in a voluntary repossession. If the creditor will do it, you can. Obviously it will depend on the mileage and condition of the car, but these days it is complicated by the state of the economy, so not likely. You can surrender the vehicle in a Chapter 7, where the creditor has no choice.
In MOST states, the answer is YES. A few states require a liscense.
Once the loan is in default the bank has the right to refuse payment and repossess the vehicle.
No, you dont even need keys to repossess a car in South Carolina
You have to posses the title on the vehicle and the documentation that there is a default in payments.
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.
They are not going to repossess a vehicle because you were rude. They can however repossess it if you miss just one payment.
No, not if the contract is in default. The lender/lienholder may repossess the vehicle under UCC laws as long as it can be accomplished without a breach of peace committed
Hey Hun, if you do not make the payments they will come to repossess your car.