By calling the original loan facility that was associated with the vehicle is one way to locate the repossession date. You can request that the original document of repossession be sent to you by way of fax or US mail (if you feel there is discrepancy). *Note* The time of default does not deem the time of repossession. Be sure to ask specifically for the actual repossession date and unfortunately you may have to clarify that you are not seeking the default date.
It stays on your credit report 7 years from the date of settlement not the date of repossession.
You will receive notices that your payments have not been received, making your auto subject to repossession, but you will not receive a date and time of the repossession.
By federal law, 7 years from the date of repossession or sale or last payment. The state is irrelevant.
miss a couple of car payments and you will find out!
Sample letter of vehicle repossession for the state of texas
Till they find it.
For Experian, a voluntary repossession will remain on your credit report for seven years from the original delinquency date of the debt.
It's the sworn statement that the lender files with the state DMV when a vehicle is repossessed. It includes data such as, how the vehicle was repoe'd (voluntarily or replevin order) the default date of loan, the date of repossession, the amount owed, the value of the vehicle, all indentifying information,(date and time, location) and so forth.
You can start researching Texas law at the Related Link below
Yes, in most cases if the account is brought up to date, the repossession process will stop. A person will need to go in person to pay the bill and make sure the account is noted that the repossession needs to be stopped.
Any collections, debt, or civil law attorney should be able to handle a repossession case. The cheaper route might be to contract a collections agency or a small locale repossession company. You can find these in your local yellow pages under collections agencies.
I'm not sure what you are asking. If you want to know what to do about a repossession that took place in Indiana then your best option is to negotiate a settlement. Or, if you have had a repossession on your credit report and are not sure if it is older then the statue of limitation then your best bet is check the Date of Last Activity on your most recent credit report.
Yes, there is no difference. A repossession is a repossession.
A repossession is a repossession, no matter if it is voluntary or not. Your credit will be ruined for 7 years.
Depends. Are you receiving the car or are you selling the car.Repossession = againRepossession = ownershipRepossession = gaining ownership again
No you cannot remove a repossession off your credit report if your cosigner has a judgement on the repossession.
Under US law as I understand it, any repossession is detrimental to your credit record. Both a voluntary repossession or a standard repossession have the same effect on your credit rating. Both will appear as repossessions, and either will result in a negative mark on your credit history. Any repossession will appear on a credit report for 7.5 years from the date of first delinquency. You will likely see your credit score drop significantly, as having a repossession in your credit history marks you as a credit risk. The only advantage that I see in doing a 'voluntary' repossession is that it may cost you less in legal fees. In general, I would encourage you to work with the lender to find ways of keeping your home and coming to some kind of agreement on reduced monthly payments, or even weekly payments which will involve a lower interest rate. Good luck with it.
For what state, lender, ect??? wonk at 14ma dot com
1st place to look would be at the car lot you bought it from.
all you need is to find a company that is willing to take a chance with you
legis.state.ga go here and search on repossession
depends you should receive a notice in the mail from the lender as to the auction date and place.
Wrongful repossession insurance??? Coverage for when the Repossession Agency wrongfully recovers an asset for a myriad of reasons.