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Firstly, it is not "your car" ... when borrowing money to finance the payments on a car, the lender owns the car ... you are just the registered owner. You own nothing until the final payment has been made.
IF you default on any payments during the payback period, the lender then assumes you no longer want or need the car, pure and simple. So, they repossess the vehicle, cancel your loan, keep all monies you paid to them, and then resell the car to somebody else. The lender is entitled to take whatever legal actions are necessary in order to recover money lent to a borrower in good faith that they would make the monthly payments.
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∙ 15y ago
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How do you keep a repo man from taking your car?
keep up your payments
What happens when a repo man is taking your car and you broke the window of his truck?
You can be arrested.
If the car was totaled in a car accident what do you tell the repo man to stop the calls?
crashed it! get over it.
Can a friend stop a repo man from taking a car from their private property?
Repossession laws vary from state to state. Typically, if the vehicle is behind (or in) a locked enclosure, they cannot enter and take it.
Can the repo man remove your possessions from your car after they repo it?
Yes
When will the title loan people in Utah stop looking for your car?
Don't you mean the repo man? They never do. They are GOD
What is REPO and reserve REPO?
repo is taking somthing away like the repo man in the new movie repo! the genetic opera theres an organ repo man who takes away peoples organs
What happens if you don't turn a car over to the repo man?
they will repo it
When repo man hits another car when repossesion a vehicle?
when repo man repossess the car and was in an accident before you can get it back, what happens
Can repo man repo your truck with you in it?
Probably not. He'd probably ask you to get out of the car.
How can you find out if a car is wanted by the repo man?
If its not your car why do you care???
Can a repo man take your car if your child's car seats are inside and needed?
A "repo man" can take your car no matter what. If your purse is in the car, they can take it. You will probably be called with the information on how to get your personal effects.
