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How can you get a loan if your car was repossessed due to late payments and debt and the finance company says you can't recover it unless paid in full?
Wiki User
∙ 18y ago
Just go get another car. Do not worry about that, lots of places do there own loans and you do not have to go through a bank.
Wiki User
∙ 18y ago
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Can you return a car bought on a personal loan when you were told it was on finance?
Have the car voluntarily repossessed. Using this option means that you voluntarily return the car to the finance loan company if you are too far behind on your payments and can't recover. If you decide to return the car, the finance company may pick up the vehicle or it may require that you return the car to its location.
You had an auto loan with Chrysler Financial and they sold your car to another company because you were behind on payments Now your car has been repossessed Can you get your car back?
YES YOU CAN BUT THERE IS A SHORT TIME FRAME TO RECOVER IT AND YOU MUST BRING THE ACCT CURRENT FIRST.
Can I be sued for a unpaid payday loan of 900?
Absolutely ! If you've borrowed money against your wages, and default on payments, the finance company can (and will)take you to court to recover their loan. This will result in their debt being taken directly from your wages - plus the cost of the court action !
Ways to recover loans in microfinance?
what are the various ways to recover loans in the micro-finance sector business
Can you stop a credit card company from garnishing your wages?
No - if you've defaulted on payments to the card company, they have the right to recover their money by any legal means. By the time they're telling you they're about to garnish your wages, they've usually sent numerous reminder letters - which you've obviously ignored.
Can you be sued if you let your mobile home be repossessed?
You can be sued by the finance company to recover any money still owed to them after they auction the repossessed mobile home.
Can you return a car bought on a personal loan when you were told it was on finance?
Have the car voluntarily repossessed. Using this option means that you voluntarily return the car to the finance loan company if you are too far behind on your payments and can't recover. If you decide to return the car, the finance company may pick up the vehicle or it may require that you return the car to its location.
Uninsured finance vehicle has been stolen Cancelled insurance because car was being repossessed by finance company?
You still have rights to recover the vehicle. The finance company may help you look for it if they're desperate enough to get it back. Even if your car was insured, you would legally have to payback the finance company for the car since you broke a binding finance contract.
What happens after a car is repossed?
If a car is repossessed due to the payments not being met then there is a period of time where the repayments can be sorted, or if not the car will be sold to recover as much money as possible. Any outstanding debts will still need to be honored and finance companies often have power to sell your home to recover the debt. It is possible to get good insurance to cover this scenario.
You had an auto loan with Chrysler Financial and they sold your car to another company because you were behind on payments Now your car has been repossessed Can you get your car back?
YES YOU CAN BUT THERE IS A SHORT TIME FRAME TO RECOVER IT AND YOU MUST BRING THE ACCT CURRENT FIRST.
Do you have an opportunity to make good on the payments and recover the vehicle in California once a car has been repossessed?
YES, you should get a notice from the lender outlining what ya need to do.
How do you recover things that were left in a car that was repossessed?
Go to the repo company and get your stuff back.The lender should be able to tell who has your things.
Can your car be repossessed from your garage on private property in CA?
A car that is actually YOURS cannot be repossessed, as it's paid off. If you have a vehicle being repossessed, they're able to do this because it's actually the finance company which owns that vehicle and possesses their title. A recovery agent can, on behalf of the lienholder, go onto private property in order to recover the lienholder's property - with limitations. They cannot cross a locked gate, and they cannot enter a locked building.
Can A Finance company use lojack to locate your car?
Yes, a finance company may use lojack to locate and recover your car. They may also use repossession experts to pick it up as well.
Can I be sued for a unpaid payday loan of 900?
Absolutely ! If you've borrowed money against your wages, and default on payments, the finance company can (and will)take you to court to recover their loan. This will result in their debt being taken directly from your wages - plus the cost of the court action !
How many month late before they can repo?
When a finance company stops receiving payments from a car owner, they will initially send out a default notice in order to state that the repayments have not been made. This will give you the opportunity to clear arrears and usually gives a time frame of 7 - 14 days to put things right. If payments are still not made, the finance company will then apply for a repossession order from the courts so they can send bailiffs to repossess the car. The time frame for this process usually varies depending on the finance company, some will act quicker than others. You can expect the bailiffs to arrive at your door within a month from the expiry date of the default notice. The car will often be sold at auction at a knockdown price and the finance company will then pursue you in order to recover the difference. It is always recommended to contact the finance company and not avoid them. They will often try to come to a resolution and repossessing the car is usually the last resort.
In Maryland can a finance company repossess a vehicle that is 38 days in default?
Yes, the lender can recover the vehicle any time after the lending contract becomes in default.
