A car can still be repossessed if it has scratches or some slight damage. The current value of the car is normally used when netting off the debts.
Depending on your state, the LENDER can get a JUDGEMENT and attach your "paid for" car(or anything else of value in your name) so when you sell it, they will get paid first.
Well, if the title lists no lienholders, it cannot be repossessed. If it lists one, it would be best to surrender it or don't keep anything in it of value. Yes. Even if the lien is not recorded on the title, it hass probably still been filed with the state.
. . . is a crime. Depending on the value of the items you steal, it can be either a misdemeanor or a felony.
When your car is repossessed, they sell it for what they can get. Value has nothing to do with what price it brings. They simply get what they can. You are then responsible for the difference in the amount they sell the car for and the balance on the note. Your credit is then ruined for 7 years. This is why having a car repossessed is a horrible idea, and should be a last resort.
Yes, as long as it has some value
Yes. If there is a difference between the value of the vehicle and the balance still owed on the loan, plus applicable fees and interest, it must be paid by the borrower. However, the actual value of the vehicle may not be the amount that it is sold for even though the lender/seller is legally required to make a reasonable attempt to get the market value.
Continue to make the payments if you value your credit score Otherwise it will be repossessed running or not and that's a big black mark on your credit
anywhere from $5-$10 per pill, depending how nice and how close you are to your source
500-1000 USD depending on specifics
The value of 1970 ruble is 1-4 dollars depending on quality. But still it's cool coin :)
Yes. The charge might be grand larceny depending upon the value of the vehicle, amount received for the parts and other extenuating circumstances.
There is no exact value to this bill. It can be worth quite a bit more then its original face value though depending on the condition of the bill.?æ
Often repossessed boats are sold for 60%-75% off their book value. You can however encounter bidding fees and will need to have a deposit as well if you are the winning bidder.
First, they go to auction. Depending on the agency auctioning them,, those auctions may be open to the general public, or they may be open only to selected bidders. From there, they're often bought by wholesalers.. depending on the age and value of the vehicle, they may either be bought by reputable dealerships, or by these 'buy here, pay here' lots.
$350-$400, depending on condition. It is still in production.
This is a Greek 20 Lepta coin, which is still quite common - and the retail value can range anywhere from about 10 to $7.50, depending on condition.
Retail prices are 17 to 61 cents above face value depending on date and mint mark.
It doesn't have a collectible value. However, depending on the size of the hole it may still be worth up to about $20 for it's silver content.
I can can be legally repossessed no matter where it goes in the USA. As long as the repossessor can find the car and identify it as the one to be repossessed. It may not be cost effective if it is a long distance unless the vehicle is of greater value than the cost of returning it and paying someone to do that. They can also wait until you return.
If circulated, $65 to $95 depending on condition. Uncirculated, around $300.
Repossessed cars are typically cleaned up and resold on a dealers lot. However, if the lienholder (the person who repossessed it) feels that it will cost too much to restore the vehicle to a sellable status, they will just put it in an auction and take whatever they can get for it. Repossessed cars are first examined fully to determine the remaining value of the car. If the car is suitable for repossession, it will be resold to another person for a discounted price.
Yes. If the car's value at repo was under what you owed they can get the difference, court costs and interest.
Circulated coins are still valued at $2.00-$9.00 depending on grade.
The lender owns the vehicle and is required to sell it at a public auction for as close to the market value as is possible. It is likely the judgment wage garnishment is a result of money still owed on the original loan amount plus fees that were not covered in the sale of the vehicle.