Contact your finance company. They will often give you the chance to get the car back if you pay up to date plus impound fees and usually some more towards your balance.
Pay the current balance, plus repossession and storage fees.
If your car has been repoed you are going to have a very hard time finding any loan company willing to lower your rates.If anything your rates are going to increase assuming you can get a loan.You are better off buying a car outright.
yes you will be responsible.
Don, IF your name is on the title as co-owner, you would just be taking possession of your own car. If its NOT on the title, you cant take possession legally.Why not go to the person in possession and tell them to give up the car??
When a car has been repossessed the person paying the insurance should cancel it.
No. That would amount to kidnapping.Added: But if the the re-poppers had the proper re-possession paperwork in their possession (which they probably did) they CAN call the police and have the "passengers" removed from the vehicle.
You do. You were in possession of the car. The car was registered to you. Until the car is sold, you are legally and financially responsible for it.
I have a welding machine on the truck they repossessed can they keep that?
You can buy a car right after your car has been repossessed. It will however, depend on whether your credit is stable enough to qualify or if you have the cash to pay out of pocket.
As soon as a lease expires on a vehicle that you have in your possession or you default on one of your car payments, the owner has the right to have your vehicle repossessed.
You do not owe money for a car if it has been repossessed, so your wages can't be garnished for that reason.
No, since the car is no longer considered "your" property.
Yes. the title to car car remains with the bank or finance company. Legally they can take possession for lack of payment at any time regardless of your wishes.