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You don't have to remove the plates until they're invalidated (expired or revoked).

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Q: Does Florida law required that you take off your plates from a car that will be repossessed car?
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In illinois isnt it illegal if a car is repossessed with the plates still on it?

No, if it was it would be impossible to repossess a vehicle because no one would ever take them off.


Once your car has been repossessed in Florida can they freeze or take monies from your banking accounts to pay deff judgment?

i have nofing clue


Do you have the right to get your personal belongings out of your car after it has been repossessed and can you take your license tags off in the state of South Carolina?

You are allowed to remove personals that ARE NOT attached to the vehicle. The license plates stay with you, not the vehicle.


Is a court order required to take a car as judgment in Florida?

They can take your car as a judgment if you cannot pay any other way. They are not required but they can if the situation calls for it


In Florida what percentage can the creditor take from your paycheck as a cosigner after the car was repossessed and the remaining debt is around 5000 dollars?

http://www.lawhelp.org/documents/127641Creditors%20and%20Debtors.pdf?stateabbrev=/FL/


Do they take a repossessed car to a local lot?

Typically, no.


What license is a Florida mortgage lender required to have?

To become a mortgage lender in the state of Florida you need to have a Principle Loan Originator. To acquire this a person is required to take part in a 20 hour course and to have a passing mark on the National NMLS Test and the Florida NMLS Test as well.


Can they take your personal property if a used car is repossessed?

yes


If your vehicle is repossessed is it legal to remove your license plates?

before your car is repo'd you can do whatever you want, take your personal belongings, take out any accesories you may have put in if you dont plan on getting the car back. This MAY be illegal in some states I suggest you ask an attorney to make sure


How many missed payments does it take for a car to legally be repossessed in Florida?

It depends on your juristiction. Most juristictions around the United States of America can legally repossess your vehicle if you're late on your payment by just 1 month.


Can the bank cancel the plates on a car they have repossessed?

They can turn them in to the DMV, but do you want to take a chance on them doing that? Remember, the plates are yours and registered to you. If someone gets the plates and throws them on another vehcle and gets in an accident, say a hit and run and someone writes down the tag #, expect the police to come knocking on your door. To avoid a hassle, remove the plates from the vehicle. You have the right to since they belong to you, not the lender. If the car was taken before you could remove the plates, you have to get them back from the tow company. If your there when they are taking the car, the tow guy has to let you remove the plates. The plates do not stay with the vehicle and the tow co nor the lender has a right to keep them.


Can a car be repossessed when 1 payment is left?

As long as you owe them money they can take it.