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Do you still owe after an ATV repossession?
yes
Do i owe on a car repossession over 7 years old?
Yes, There is no statute of limitations on financial matters. You can probably challenge it being on your credit report. But you still owe the money.
Is a lease repossession the same as a purchase repossession?
About the same. Don't make your payments and they will come get it. Then you still owe the difference as stated on the contract.
How can you erase a repossession from credit report?
It can not be erased. If it has been paid, it will come off your credit in 7 - 10 years. If you still owe money on it and they report monthly that you owe an amount, it can stay indefinitely. If you owe money, but they are not reporting it monthly to the credit agencies, it i will come off in the 7 - 10 years.
How will you know what you still owe the creditor after a repossession?
The amount you will owe the creditor will be the amount of your auto loan (including repossession fees, interest, and collection charges) minus the amount the vehicle sold for at auction. The creditor will notify you of the amount due in writing after they auction off the vehicle.
If you didnt owe money for 2007 but you did owe for past years will you still get a check?
i think if you don't owe taxes for 2007,but owe taxes on prior years you should still get a stimulus check as long as you are making monthly payments on what you owe.
What if you owe from 2or3 years ago can they turn you over to investacations?
Sure.
What to do if you have to go to court for a vechicle repossession?
Pay the money you owe
Who to sale a car that you owe for?
license require for repossession in ga
My car was repossessed over a yr ago Can legal action still be taken against you?
So here is an example of what can happen when a creditor repossess an item. "If an item such as a car or furniture is repossessed, the creditor can then sell it. The money from selling the item is applied toward the money you owe. The creditor can still try to get any money you owe after the sale of the item. The terms of your contract might even add charges for the costs of repossession and sale."
I had a medical bill 9 yrs ago and a debt collector is just now trying to collect again do i still owe the bill?
Yes you still owe the bill. The only way you would not owe is if you declared bankruptcy and then it would be off your credit report in seven years. Your best bet is to just pay it, or the bill collectors can harass you for the rest of your life!!!!
Can you still owe money after your motorhome is repossessed?
Absolutely. When an item is repossessed, it's typically auctioned off. The person who the property was repossessed from is still responsible for the difference between what the final auction price was and what the amount owed at the time of repossession was. Additionally, repossession, storage, and transportation costs will be added to the amount owed.
