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Do you still owe money on a car in which they broke the ignition during repossession?

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βˆ™ 2006-09-11 18:39:16

Best Answer

from akacastro: No, if you no longer want your car. The towing company is either a subcontractor of the Auction dealers who were contracted to eventually sell your car, or the lending institution. If you plan on reinstating your vehicle, the lending institution or AUCTION dealer or towing company is fully insured while the vehicle is in their care or possession.

2006-09-11 18:39:16
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Related Questions

Can a payment be made during a repossession?

No. They're not there to collect money, they are there to reposess.

What is a contingency repossession?

One where the repossession agency receives no fees to cover the expenses incurred in the efforts expended during the recovery process unless the unit is actually recovered. No repo, no money.

What to do to after a car repossession?

nothing pay your money

What to do if you have to go to court for a vechicle repossession?

Pay the money you owe

Can you be broke?

You can be broke by not having any money.

What does broke means?

'Broke' means lacking funds, out of money.

Is it better to do a voluntary repossession?

It will save you some money BUT you will still have a repo on your CR.

What does 'die broke' mean?

"Broke" means you have no money.

Can you be threatened with repossession for having been arrested?

You being arrested has no bearing on your loan. As long as you make the payments on time there will be no repossession. The loan company does not care if you are in jail as long as they get their money.

In Georgia should you do a voluntary repossession or just repossession?

The second to last sentence should read - Never will a voluntary repossession cost you MORE than a forced repossession. A repo is a repo. Voluntary Repos will, in most cases, save you money due to the cut in fees associated with the repossession. In some cases these fees will not be any less and the cost of a voluntary repo and the cost of a forced repo are the same. Never will a voluntary repossession cost you less than a forced repossession. Either way, voluntary repossession is the decision I would make, due to the possibility of a lesser cost.

How can you use broke in a sentence?

I was broke when I bought candy with all my money. My friend almost broke my glass cup.

Do you have to get a job?

If your broke or short on money,then you have to.

What is another word for not making money?


What is a word for someone with no money?

poor or broke

Will your car be taken off of repossession if you pay money on it?

Only if you pay up all the arrears payments that caused the repossession process to begin in the first place. Partial payments will have to be negotiated with the original lender.

What do you do car was repossed dony have money to pay?

Sorry, but you will lose the car. Repossession is they way creditors guard themselves against losing money on a loan.

Where can you find repossession advice?

Repossession is typically an action that a lender may perform when the individuals/groups that they have money or goods to have not compensated them after a set amount of time. The best places to go for repossession advice would be the local legal authorities, such as the police, or the nearest bank if they are also known to repossess property.

How do you get your money back from a lost money order?

you dont, sorry your broke now.

What were the conditions like in England during the industrial revolution?

The conditions were poor. People needed money to get food and stuff yeah, so like they were broke. yeah/

Can you fix your credit if you have a repossession?

Yes, time heals all things. Money and repaying ON TIME helps tooo.

Can you return a car to the lienholder?

If the lien holder allows. This is voluntary repossession and will probably not relieve you of any money you owe.

Hink Pink a lad with no money?

Broke bloke.

How do you get lots of money if you are broke panfu?

play minigames

What is a hink pink for no money?

no dough, broke bloke

What is the rhyming word for a without money?

Broke bloke?