answersLogoWhite

0


Best Answer
Copy

30 days and 20 minutes dude

2014-09-26 03:31:01
This answer is:
πŸ€“
🀯
πŸ€”
User Avatar

Add your answer:

Earn +5 pts
Q: How long after a vehicle repossession does the bank or car company have to sell the vehicle and is there a maximum time limit in Tennessee?
Write your answer...
Submit

Related Questions

What is involved in a Repossession of a vehicle in Tennessee?

In Tennessee, a truck or car finance company can hire a repossession company to take your vehicle if you do not make payments and are in default. They are not able to break into a locked garage to take your vehicle and they cannot forcibly remove a person from behind the wheel of the car.


What are the auto repossession laws in Tennessee?

is there limitatons on a default of loan on a vehicle as far as civil action?


Can a finance company go on your property to retrieve a vehicle for repossession in NJ?

Yes


What is special about the Repo Truck company?

There is no company with the name "Repo Truck", but "repossession" of a vehicle simply means the financial lending company "takes back" the vehicle, because monthly payments on the vehicle have ceased.


When a vehicle has been repossessed and taken to the auction does Honda carry insurance on it?

Not only does Honda have insurance on the vehicle, so does the repossession company, the storage company, the transport company, and the aution agency.


Can a bank take your other assets after repossession of vehicle in Ga?

Our company that refinanced the vehicle is threatning to garnish wages and garnish our other vehicle (of which is paid for) and other assets.


What are car repossession laws in Missouri regarding notification to auction a vehicle?

what are the legalities of voluntary vehicle repossession


What do you do if a repossession company damages your property while seizing the vehicle?

You need very good proof it was not damaged before the repossession. Nearly impossible to do as he can say it was damaged when he got it (and he will, believe me).


A sample letter of vehicle repossession for the state of Texas Where can you find one?

Sample letter of vehicle repossession for the state of texas


What happens to a vehicle if the financial company says they don't want it and they sue the owner for remaining balance after repossession and sale?

If the finance company has sold it, you have you answer. How can you be so stupid?


Can you repo a car if you have title?

When you purchased the car, you may have received a lien title from the state. This is not a clear title of ownership. The lender in essence still owns the vehicle, at least part of it. It is held in security for the loan. If you are a repossession company or agent, you will be required to have an order of repossession. But, if you are a repossession company or agent, you should already know this.


Can you be criminally charged for not turning in a vehicle for repossession to the loan company?

Possibly. If you hide the vehicle they could charge you with GTA. Grand Theft Auto. Remember, they own it and you don't.


What type of notice needs to be given before repossession of a vehicle?

Actually a company can reposses your vehicle without notice. When the terms of a finance contract is broken the company has all rightd at that time. They are under no obligation to notify you.


How much is the storage fee a day for repo?

Fees vary from lot to lot and repossession company to repossession company. I have seen daily rates as low as $10.00 and as high as $150.00. Your best bet is to get the matter resolved as soon as possible and redeem your vehicle.


What is the statute of limitations in Georgia for repossession of a vehicle?

I don't think there is a statute of limitation on repossession of a vehicle anywhere as long as there is an overdue payment outstanding.


Will Harley dealership repossess when in for service?

Dealerships are not typically recognized repossession agents, however, if you bring in a vehicle for service, and a valid repossession order exists for that vehicle, the delareship may secure the vehicle for the lender so that repossession may take place.


What are the North Carolina vehicle repossession laws?

When a debtor is behind on payments, NC law allows the lender to take possession of, or "repossess" the vehicle. A repo company on behalf of the lender can take the vehicle at anytime, anywhere that the vehicle is found and accessible. If the vehicle is in a locked fence or garage then the repo company cannot force entry to get to the vehicle.


What do you do if you get sued for repossession of a vehicle?

Contact an attorney.


How do you stop repossession of vehicle?

pay what you owe


Is repossession of a vehicle in Illinois allowed?

Yes


Which repossession laws apply when a car is purchased and registered in Nevada but the finance company is based in Arizona?

It isn't relevant as both states allow repossession of a vehicle under UCC laws (without a breach of peace).


When a repossession notice has been issued for a motor vehicle can the registration be renewed and if the car is pulled over by the police will the police hold the car?

A "repossession notice" is a civil matter. A police oficer cannot hold the vehicle for repossession. Unless, there has been a court proceeding and the judge has ordered the vehicle held if stopped. A repossession notice also cannot stop the registration of a vehicle.


What is the average price a bank pays a recovery company for the repossession of a vehicle in the state of Mississippi?

The average price a bank pays to repossess a vehicle is anywhere from 200.00 to 400.00. The actual price will vary depending on the company and location of the car.


Is the repossession of a vehicle by a finance company illegal?

No, it's 100% legal. That finance company is the lienholder. What that means is that, until you've paid that vehicle off and have acquired the title, the lienholder is the rightful owner of that vehicle, and has every right to reclaim their property when the conditions of the contract are not met by the lessee.


What is willing repossession?

a voluntary repossession is where you turn over the vehicle instead of us having to come get it from you. www.aerecoveryandtowing.com