That's not enough information. First, we're not lawyers, you'll need to explain things to a lawyer or go to the bank to see what's going on. Second, it all depends on what the original loan documents said. Once you're past due or in any way violate the terms of the agreement, they can take the vehicle and sell it. If you pay off the loan after that, it's possibly just a bonus for them. Remember that once you have defaulted on the loan, all bets are off and you don't have any real protection under the law.
Yes. There's a process they have to follow, which includes getting a court judgment against you. If you don't hold to that judgment (which is usually paying back the money owed), they can ask the court to garnish your wages.
Must provide debtor with a 14 day notice to cure. Allowing debtor to pay all back money owed. Repo must be peaceful aka no enrty to a home no public disturbance ect. Creditor must hold vehicle 14 days after repo to give debtor opportunity to pay missed payments and fees associated with the repo. Creditor must provide debtor with notice of intent to sell vehicle. Any proceeds of sale go to pay the balance of the loan. Licsense plates and personal property remain with debtor
Take them to court. * It is possible they are within their legal rights to hold the vehicle and its contents if a replevin order or other court order is in effect. Often the lender's agent cannot release the vehicle until they are informed by the lender that all the reaffirmation documentation has been finalized including checks clearing, insurance confirmation and so forth.
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.
It's not your money any more. The bankruptcy trustee may be able to get the money if the amount was high enough, since it is a preference, but not you.
AnswerThe IRS only seizes personal tax refunds when there are tax arrearages or court ordered child support arrearages.The IRS does not have the power to withhold personal tax refunds for creditor judgments.ACTUALLY THE IRS CAN HOLD YOUR REFUND FOR CREDITOR JUGDEMENT DEPENDING ON THE AMOUNT OF THE DEBT AND IF THE CREDITOR CONTACTED THEM THE YEAR BEFORE IT ALL DEPENDS ON THE TYPE OF CREDITOR
If the creditor has received a judgment the time is indefinite, as most judgments are from 5-20 years in duration and can be renewed. If a creditor perfects a judgment as a lien against real property, then the debt is considered permanent until paid or settled.
No. The money on hold is not available to you for any reason until the hold is released.
thresh hold braking
I believe in Ohio a medical creditor can attempt to collect a bill for 7 years. However, they can hold onto the account as long as they decide.
No, it is always sensible to hold some money balances.
aah troubleshooting a vehicle is when your too drunk to hold the gun straight. then your having troubleshooting a vehicle.
People hold money because they do not wish to run out later. By saving money, it is available when needed.
When you file for bankruptcy, all your assets are revealed to the trustee and basically frozen. No, a creditor probably won't put a hold on your savings account after you file but they can until your bankruptcy is discharged. Usually a letter from your attorney saying you have filed bankruptcy will stop this action.
Unless the attorney has been named the trustee of the settlement account, I would not think so. He can't extort the money from you by unlawfully depriving you of property to which you have a legal right. If you owe him money and he is holding your checks, how the heck does he expect you to pay him if he doesn't give you the money from the settlement? All that aside though, if you owe him money, he will have to go to court and file a lien against you just like any other creditor.
YES, IF YOU OWE THEM MONEY, THEY CAN HOLD AND CHARGE STORAGE. Also check your state laws,because in many states a garage can place a mechanics lean on your vehicle and after 30-90 days they can sell your vehicle at auction or a set price to cover the cost of the repairs.....
The creditor is the one who repossesses the car. They simply hire an agent in the area to do the repo. As long as they hold the lien, they're the rightful owners of the vehicle, and have a right to reclaim their property, even across state (and even international) boundaries.
I do not understand what you are trying to do. How is your money on hold at a bank? Is it in a longterm CD?
did you mean resource? The lender has authorization called lean to hold your property after a loan debt.
You must pay off the lien. A vehicle with a lien on it cannot be vended (sold) legally. There is no way to transfer a title as the motor vehicle folks will know that a hold (the lien) has been placed on it.
Yes it can. If the creditor files a wage garnishment to a protected LLC and that LLC fails to respond or respond properly, a court can and will hold the LLC jointly and severally liable for the entire debt owed to the creditor.
Get a hold of the motor vehicle department in your state and explain the problem, they will get you a new title.