0
In some states yes. In some state the lender is not required to give any notice at all before or after. In some states, the lender is only required to give you notice after the vehicle has been repossessed.
Wiki User
∙ 13y ago
Add your answer:
Earn +20 pts
Does a Creditor have to notify you if you are being sent to collections?
No.
Your son left his car on your property in Tennessee he will not inform the creditor in Texas should you call the creditor to inform them where the car is located will the creditor get the car?
this is a personal decision for YOU to make. It is possible to notify the lender and they will be glad to find out the location of their collateral. Have the VIN of the car ready to give them if you dont know the loan #. Your son may not think highly of the idea or may not care.
How do you avoid repossing of car?
Negotiate with the lender. Most would rather work out the problem than have a car they don't want back anyway.
If you live in Florida does a creditor have to notify you if your car is in repo status?
NOPE. No state requires lenders to tewll you that you are in "repo status". The lender desire for you to make the payments will sometimes give you a clue.
Can you take tires off car and block it up offthe ground and stop them from repossing it?
You can try but they still can repo the car if it is out in the open. Make arrangements before it is too late. Good luck.
What is a sentence for notify?
If your car is stolen, you should notify the police.
Does the lender have to send you a letter to notify you that his repossess your car in G.A.?
yes because they have to notify the owner
What if bank did not notify you of the sale date on the repossessed vehicle?
They do not have to notify you. You have no legal rights regarding car.
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 your fourteen year old is in a car accident and the police are present do they have to notify you?
Yes they do have to notify you. If you are the parent or gaurdian.
Does a repo agent have to notify you if they are going to repossess your car?
no
Can you willingly repossess a car?
Unless you are a creditor, I assume you mean can you surrender a car to the lender in a voluntary repossession. If the creditor will do it, you can. Obviously it will depend on the mileage and condition of the car, but these days it is complicated by the state of the economy, so not likely. You can surrender the vehicle in a Chapter 7, where the creditor has no choice.
