Yes, they also have to send you official letter from auction at the price they sold it to deduct from the amount you own to the bank.
YES you can. Just notify the lender where you dropped it off. No need to let it sit at a dealership for 2-3 months doing nothing waiting for the lender to locate it. That will save you a lot of phone calls from the lender also.
call the LENDER and get it straight. If you are current, they need to CLOSE the acct. with the repo co.
You need to give the car to the lender - if they are too far away then you need to call them and tell them where it is and ask them how they want to get it.
You contact the LENDER. Very simple. Have the bank /lender fax the exact amount you need to pay and tell them you want the repo fees included in that number.
You need to notify the lender of any changes in ownership. They will then call in the loan.
You need to contact your lender to see if they will work with you on getting caught up on your back payments. Some state laws allow the lender to require you to pay the vehicle off in full and some state laws require the lender to return the vehicle to you if you can catch up on the amount you are behind. You need to check your state law and contact your lender.
I think that you need to pay what you owe. You should call them and see what their policy is. I wish you luck:)
Susan, what state are you in?? Who was the lender?? Laws vary by state. Email if you need too. Thanks
YES, you should get a notice from the lender outlining what ya need to do.
Yes. Once the original contract is in default the lender can begin repossession proceedings under the UCC laws. In the majority of US states the lender does not need to notify the borrower or obtain a replevin order from the court.
That is a criminal matter. File a police report and press charges. Perhaps someone at the district attorney's office could advise you further.You need to notify the lender of the forgery and send a copy of the police report.That is a criminal matter. File a police report and press charges. Perhaps someone at the district attorney's office could advise you further.You need to notify the lender of the forgery and send a copy of the police report.That is a criminal matter. File a police report and press charges. Perhaps someone at the district attorney's office could advise you further.You need to notify the lender of the forgery and send a copy of the police report.That is a criminal matter. File a police report and press charges. Perhaps someone at the district attorney's office could advise you further.You need to notify the lender of the forgery and send a copy of the police report.
Generally your lender requires you to keep up-to-date proof of insurance on file with them.