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First, you need to have a lien on the items in question, and the purchaser must be noncompliant with the stipulations of the contract. If you don't plan on taking possession of the vehicle's in question yourself, hire a recovery agent to do it for you.
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∙ 9y ago
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If you sold a vehicle to a someone who paid with a check that bounced can you legally repossess the vehicle?
The check wasnt any good sooo the truck isn't paid for. Go get your truck OR file charges against the person.
Can the credit company repossess your new truck if you voluntarily let them repossess your old truck?
Only if the two loans were "cross-collateralizied".
Can a bank suspend your license or registration for non payment on a truck?
Your driver's license is an instrument issued to you individually by your state government. Your bank has no bearing in its status. What your bank has is a lien to your vehicle which essentially means that upon your failure to pay, they have the right to repossess the vehicle and sell it to recover the money that they are owed. So while your registration won't be suspended, your bank may send a tow truck to repossess your vehicle.
Can a cosigner coowner repossess a vehicle if the primary has not defaulted payment on the loan?
A cosigner or coowner cannot repossess a vehicle. That is something the leinholder does.
Can they repossess my truck after I get caught up on my payments?
Yes.
How do you define a van?
A van is a boxlike motor vehicle resembling a small truck used for work such as transporting goods or for recreation as a mobile home.
When can the creditors repossess your vehicle?
When you don't pay for it.
Can you recreation vehicle tow a BMW?
It depends on your recreation vehicle. See your owners manual, or check on the web.
When your name is the second name on your truck title can the person whose name appears first on your truck title repossess the truck or have you arrested if you leave with the truck in NC?
If two owners are listed on a title in NC, they are considered to be equal owners. Therefore both owners have the same control over the vehicle.
How long does a creditor have until they repossess a vehicle?
A creditor can repossess a vehicle at any time after a default(late payment, lack of insurance, etc.) occurs on the contract.
Can you be charged with a stolen truck if you get behind on payments?
If they come to repossess it, and you claim to not know where it is, then the repossession agent will report it stolen. At that point, anyone found in possession of it is in possession of a stolen vehicle.
Can the lien holder repo my truck when payments and insurance are current?
They will not repossess a vehicle unless you have defaulted on the loan. Defaulting on the loan is being late with the payments. Call the lender and talk to them.
