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Does the lender have to notify you before they repossess your vehicle?
Wiki User
∙ 8y ago
ONLY in 9 states.
CORRECTION..8 1/2 states... depends on the value of the car in MO.
I do not mean to DIP into someone else's questions, but wondering the same thing. WHAT STATES ARE THE 9 REFERRED TO IN YOUR ANSWER?
COMMENT--I THINK THAT IT IS NOT RIGHT TO JUST GIVE THE LENDER'S THE ICING ON THE CAKE. THEN WE ARE LEFT TAILS BETWEEN OUR LEGS LIKE THE DONKEY. (PIN THE TAIL ON A DONKEY GAME!!) I FEEL THE LAW GIVES LENDERS ALL THE POWER TO DO WHATEVER THEY WANT FOR EXAMPLE:
THEY CAN COME INTO A FENCED IN YARD OPEN THE GATE CHAINED BREAK INTO **MY/OUR VEHICLES** WITHOUT ANY KIND OF NOTIFICATION.
SOUNDS LIKE GRAND THEFT AUTO TO ME. IF THEY DON'T BREAK INTO IT THEY HAVE A KEY MADE SO MIGHT AS WELL BREAK THE WINDOW TO THE CAR WHATS THE DIFFERENCE!!!!!!!!!
SORRY DONE! THANKS FOR LISTENING TO ME VENT!!!!:)
WHAT ARE THE 9 STATES AGAIN?
Wiki User
∙ 8y ago
Add your answer:
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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
Does the lender on a car loan have to notify the cosigner before they repossess the car in TN?
They should since they are just as responsible for making payments as the primary.
Can a lender repossess a vehicle without reaffirming the original lending agreement with the borrower?
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.
Does the bank have to notify you before they repossess your car?
I have NO IDEA, WHY look here if there is NO ANSERS
Do Alabama repo companies have to notify you before repossessing your vehicle?
The state of Alabama is a self help repossession state, therefore a repossession agency is not required to notify you before they repossess your vehicle. Repossessors are under various state and federal laws and regulations and are prevented from breaching the peace among other things.
Which states require the lienholder to give notification before repossessing a vehicle?
There are 7 states that require the lender to notify the borrower that the lender is asserting their "right to cure". Connecticut, Iowa, Kansas, Maine, Massachusetts,South Carolina and West Virginia. Wisconsin requires the lender to obtain a replevin order before the vehicle can be recovered.
Does a creditor have to notify you if repossing a car?
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.
If you are filing bankruptcy and your car is damaged and the lender will not repossess it what should you do with it?
Notify the LENDER by cert mail that they have 10 days to remove the car or you will have it towed by a wrecker company. IF they dont p/u the car, call a wrecker co. to come get it.
Is there legal notification of foreclosure from mortgage company or bank?
Yes. The lender must notify the borrower of the pending foreclosure.Yes. The lender must notify the borrower of the pending foreclosure.Yes. The lender must notify the borrower of the pending foreclosure.Yes. The lender must notify the borrower of the pending foreclosure.
If you are a cosigner on a loan will a loan company repossess the vehicle then let you pay it off and take possession without ruining your credit?
Contact the lender and let them knoiw that if ANY case the debtor defaults to notify you so you can payoff the loan. Add that you will payoff after repo with NO repo reported on YOUR credit.
In Georgia how does a lendor properly notify someone in default of intent to repossess an auto?
They hire a repossession company to take your vehicle. You may wake up one morning to find that you vehicle is not where you left it the night before, or you may walk out of the Walmart or Winn Dixie to find the vehicle gone. You will likely then call the police to report the vehicle stolen, and the police will notify you that it was not stolen but repossessed. Within several days, you will receive a notice from the lender stating that the vehicle was recovered and will be sold to be applied toward the debt, and that you may claim any property that was found in the vehicle. You may also make arrangements to redeem the vehicle provided you pay the past due balance.
Does a repo agent have to notify you if they are going to repossess your car?
no
