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How long does a finance company have to repo your car before you can claim it as yours?

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Wiki User
2015-07-16 18:10:48
2015-07-16 18:10:48

Call a local attorney for state specific advice.

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You will have to call the finance company about yours. We had a Mortgage burning party at my place a few years ago.

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Then the car was never yours - it 'belonged' to the finance company until you have paid the full amount. When a person buys something they pay the seller the purchase price - you didn't pay that money, the finance company did, so they were the buyer and you were using it with their permission until you paid the price to them. The finance company will benefit from any transactions concerning it.

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In most cases, after doing a temporary promotion for 3 months you claim the job as yours. However, you should also be keen on the terms that were provided before the promotion commenced.

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to claim something is yours. example: my staked his claim by saying the house was his

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No you can not claim land that is not yours. you could get in big trouble.You could maybe even start wars or fights if you do claim somebody else's land as yours. Lots of people could die and that would be very bad.

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What would you file a claim for? The vehicle is not yours and it's a minor accident with no injuries, so you have no loss.

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Your policy will have wording like, 'you must promptyly report ALL claims/accidents' it's a good idea to let your company know in case something goes wrong with the claim, comparative negligence assessed against you etc.

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Yes, you can. However, ultimately it is the at fault party's insurance company that will pay for the claim. In such a case, you will file a claim under your collision coverage and be subjected to the deductible. Once the claim is settled, your company will subrogate the loss with the other company(i.e. get reimbursed). Once that happens, you will be provided your deductible back. If you go through the at fault party's policy, you would file the claim under the property damage of the policy.

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It depends on where you are. Here in Tennessee, there is no "cooling off" period. Once you sign the paperwork, the car is yours. The only way to change it is if the dealership and/or finance company agrees.

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two choices here. they have the VIN mixed up with yours OR they have purchased the loan contract from the original lender. Contact the lender and find out.

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A.loudB.unnecessaryC.very expensiveD.very steep

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no, unless you are their legal guardian.

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To take land or to say that something is yours

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You should run the claim through your insurance first. The neighbor or their insurance company can come after you for damages.

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Shoot the boss(but dont shoot yet)of a famous company that earns alot of money and claim that all the money is yours, get all his or her money onto ur bank account and then rule the company :P

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Based off of my research into this matter I have found that you do not have to sign the HIPPA form to file a claim. What this form does is it allows the insurance company to access medical records related to your claim directly from the health care providers that have them. If they do not have this form then only you have access to the records and the insurance company will have to reach out to you for every record they need through out the claim process. It is usually recomended that you sign the form for simplicities sake since it will make the claim process allot faster but the choice is yours. Hope this helps!

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It makes no difference. It is still a valid claim, regardless if the other driver has the same insurance as yours. The same laws and regulations apply.

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it depends on whose fault is it. if yours than around 8 months. if there's than probably 4 months.

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Now try in proper English. The deductible is not a payment. That is in essence what you pay before the insurance co pays. In other words, if the loss is $1000 and you have a deductible of $300 you will only get a claim check for $700

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In many states you must prove that you have paid or taken care of the property continueously for 10 years before you can make a claim in court for Adverse Possession.

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No. A car is repossessed because you failed to finish paying for it. Since you never fully paid for it, it's not yours. No. You do not own the car once it has been repossessed. To sell the car you would need the title, which is in the hands of the finance company. After a repossession, usually 30 days later the finance company places the car in an auto auction. There it is sold to the highest bidder. In the rare case that the net proceeds from the sale exceed what you owe for the car (plus interest, penalties, repo fee, etc.) the finance company has to send you a check. If you can redeem the car by paying the full past due amount plus interest before they place it in the auction sale, then you can sell the car.

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because i want to start a job in a respectful company which i believed yours is

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Tecnically lost monies are supposed to be turned into the police department for a period of days to see if anybody can claim the bill. If nobody does, the bill is yours.

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Report the accident to your insurance company. If this was a single car accident - meaning yours- your insurance will have to pay for the repairs minus your deductible. If another party caused the accident you need to turn their insurance information over to your company and they will take it from there.


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