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if a vehicle is unlawfully repossesed, you can get the vehicle back, and claim back all monies you have paid, and keep the vehicle without any further payments being made as long as you have proof you were up to date You are never relieved of the responsibility of paying for a vehicle or the lease agreement simply because the vehicle was wrongly repossessed. Leasing companies include many stipulations in contracts, if a payment was even a day late and there was not a grace period included the contract was in default and the vehicle was subject to recovery. The person does not have to accept the vehicle back, but they will in all probability be responsible for the remainder of the lease agreement. Unfortunately many of these type cases that end up in litigation which is expensive, stressful and time consuming for both parties.

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โˆ™ 2006-02-27 20:10:04
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Q: Does a car company have the right to repossess a leased vehicle if it is fully insured and all payments are on time and are you obligated to take it back if it is unlawfully repossessed?
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Related questions

Can you repossess a car which you sold to a friend with a written contract stating that if payments are not made as agreed car will be repossessed?

YES.


Can anyone reposes cars?

Yes, your car can be repossessed by a company if you are behind on payments. However, it has to be a licensed repossess to be able to do this.


How many days must a vehicle loan be late before it is repossessed?

They usually repossess when you miss two or three payments. They seldom repossess if you've just missed one.


Can they repossessed the car if you just owe the last payment?

The lienholder has an option to repossess when you become deficient on your payments for as long as you owe money on that vehicle. If you skip your last payment, that car can be repossessed.


My car was not repossessed but the account was charged off what can happen?

Will be repossessed, be patient. You either pay off, or pay off. No longer able to make payments. They will repossess the car and sue for the difference. Sorry.


When can a car be repossessed in Texas?

In most instances when you get behind on your payments. The exact details of when the lender will repossess the vehicle is listed in the contract you signed when you took out the loan on the vehicle. Read your contract with the lender.


How do you use repossess in a sentence?

Hey Hun, if you do not make the payments they will come to repossess your car.


Can your truck be repossessed if you are using it for income?

Yes, your truck can be repossessed even if you are using it to earn an income, however, you can tell your creditor that you are earning money with your truck, and that if the creditor does not repossess the truck you will use that income to make payments on your loan. Of course, if you are not making payments, and spending all of your income on other things, then the creditor has no motive to let you keep the truck.


How long can you go without car payments before they repossess it?

Three payments


Can your car be repossessed if it was in an accident and nearly totaled?

If you weren't making your payments yes. It would only be repossessed if you weren't making your payments.


Can your car be repossessed if you lose your job?

No, but your car can be repossessed if you don't make the payments.


Can your car be repossessed if there is not a lien on your car you were not behind on your payments?

If you have no lien on your vehicle then no one has a legal right to repossess it. If you're not behind on the payments there would be no reason for the lender to reprocess the car in the first place. It is hard to believe you have a loan on a car without a lien. The car stands behind the loan. If there's no lien on the vehicle then the car is not involved in the loan and cannot be repossessed.


Can TVs be repossessed in Texas?

Yes, TVs can be repossessed in Texas. The television that is purchased on a rent-to-own plan or that is in the process of payments for ownership can be repossessed if those payments are not made in a timely manner.


Can a creditor repossess property if you are making payments?

no they cannot


Can they repossess my truck after I get caught up on my payments?

Yes.


When is you car repossessed?

When you can't meet the payments.


Car repo in ny?

A car can be repossessed in the state of New York if payments are late or defaulted. The only way to not get a repossessed is to make your payments on time.


How many payments must be missed before they repossess?

Actually one, I have repossessed cars for BMW where there customer was three days late. it all depends on the states laws I have a website that may help you avoid having your car repossessed. www.stoptheREPOman DONT LET TTHE BANK TAKE YOUR CAR BACK!


In Texas do they have to inform you before they repo your vehicle?

It is probably stated in your finance or lease agreement that if you don't make your payments on time that the finance company has the right to repossess the vehicle. Consider yourself informed. Long story short, if you don't want your vehicle repossessed you need to make your payments.


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 you repossess a car in Alberta that belongs to both my husband and myself?

A car can be repossessed if the payments are not being made. It really doesn't matter whether it was bought by one person or two. The car dealer just wants to be paid.


Can a computer be repossessed if payments can no longer be made?

Yes it can


Can a motorcycle be repossessed if you cant afford the payments?

Of course.


How can you get your car repossessed?

dont pay the payments ever


Can your vehicle be repossessed for late payments?

Obvious answer, Yes.