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How can you repossess a car in Missouri you sold to a friend with only an oral contract that he would make monthly payments?
Wiki User
∙ 8y ago
If you did not give him the title, all you need to do is go get the car (hope you kept the spare key). If you did sign the title over to him with no documented agreement concerning the payments, you have probably given your (ex)friend an expensive present.
Wiki User
∙ 8y ago
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Can they legally repossess your car if all your monthly payments are up to date but you have made a few payments a day or a week late?
Read your CONTRACT. You have to be in DEFAULT of the contract for the lender to repo. If you are current on payments, what else can you be in default of?? INSURANCE coverage?
You sold a car in a private party sale in which the buyer agreed via written contract to make monthly payments and they now owe 380 and are 4 months behind-how do you repossess in Texas?
You locate the car and remove it from the possession of the default debtor.
If your current on your monthly car payments but owe a past miscellanous fee not a late fee can they repossess the vehicle if you refuse to pay that fee?
After a couple of months they can and will
Can a car dealership repo your car if you already have a lender for the vehicle?
The DEALERSHIP won't repossess the car, but the lender might if you don't make the monthly payments as scheduled.
If you are in default and the company has agreed to a monthly payment but won't submit it in writing can they still repossess the car?
If you do not make the payments agreed to in the contract, on time, the answer is yes. if they agree to accepting a payment get it in writing ,then you have them.otherwise your screwed they will lie and tell you anything to get the car If it ain't in writing it ain't no agreement.
Can a lender repossess a vehicle if you send less than the asked for monthly payment?
AS long as you are in DEFAULT on the contract, the lender can repo the collateral. Usually that also means have full coverage ins also. Read your contract again.
How much down and what are your monthly payments ?
How much down and what are your monthly payments
Why is a credit check required for contract phones?
Signing up for a contract phone is a binding agreement between two parties. The customer is expected to make monthly payments, per the contract. Poor credit scores indicate the customer may pose a risk to not pay these monthly bills.
What does monthly housing payments mean?
It means that you have to make monthly payments on your house.
Do creditors have the right to refuse monthly payments on a balance due on a repossessed car?
READ your contract. It should deal with that issue. If you meet the conditions set forth by the contract, YES, they can refuse.
What is the time span of a late payment until your vehicle will be repossessed in the state of North Carolina?
As many as your finance agreement specifies.
What can happen if you miss time share's monthly payments?
What can happen if you miss your time share's monthly payments depends on the contract you have with the company you purchased the time share from. In most cases you can expect that eventually the time share will be repossessed by the lender and sold to someone else. You will still owe the money that remains on your contract, even if you don't have the time share any longer.
