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How much time does bank have to notify us that they have repossessed your car in New York?
Wiki User
∙ 12y ago
Notification occurs within 24 hours, however this may be satisfied by the lender issuing notification that your vehicle is subject to repossession due to your default on the loan. In many cases, notification is done by next day delivery to the address where the vehicle was recovered (private residences) or to the home of record.
In most New York state jurisdictions, it is necessary for repossession agents to notify law enforcement. This is as easy as contacting local dispatch and letting the operator know that a vehicle has been secured not stolen. This can also substitute for debtor notification, especially in situations of antagonistic debtors.
Wiki User
∙ 12y ago
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How much does a repossessed vehicle sale at action?
Truthfully a repossessed vehicle sells for what the bank is trying to get out of it and that is usually what is owed on the original loan and sometimes they will accept less for a number of reasons just to get rid of it and that would be damage to the vehicle, age and mileage.
Does a bank or finance company have to tell you how much your repossessed car was sold for?
Susan, what state are you in?? Who was the lender?? Laws vary by state. Email if you need too. Thanks
You want to know how much your account balalnce in chase bank?
YES I WOULD LIKE TO KNOW HOW MUCH BALANCE I HAVE IN THE CHASE BANK I DO HAVE MY ACCOUNT NUMBERS CHASE BANK LINDENHURST NEW YORK 11757
How much would it hurt your credit if the car you co-signed for gets repossessed?
Just the same as if it was your car repossessed. Legally, you hold the same liability as the primary buyer.
How much will the bank negotiate with you on paying the balance of your repossessed car if your only other option is filing bankruptcy?
CASH talks and b/k walks. Why should they "negotiate" with you? They have a negotable contract and your car. What do you have? CASH will make them listen. Good Luck
How much verbal abuse do you have to take from the bank that repossessed the car?
they can call you as many times as they need to. depending on your state. most laws require 3 months of non payment before they can send a tow truck to come get your car for repossesion
How can someone else get the stuff out of the car when its been repossessed?
After your vehicle has been repossessed, the repossessing company must contact you (often via the creditor) to notify you where your personal property can be recovered. Repossession agents are required to keep the property for thirty days to allow you to recover it, but they will charge you a storage fee, and pretty much every one will require that fee be paid before they surrender your personal property. Regarding an agent of yours being permitted to recover your personal property, it is possible, but may be difficult.
If your car was repossessed but redeemed by the cosigner can the bank report a repossession on your credit but not on the cosigner's?
VERY possible. reporting repos is up to the LENDER(of course, they usually do). It was very much repoed from you sooo. Nothing you can do about the co-signor having or not having a repo on their credit.
Where can you buy repossessed homes in UK?
The best place to buy repossessed homes is at property auctions. Properties can be picked up much below market price but its important to know what you are doing. There are many sites available containing information on property repossession or buying repossessed homes.
How much is a 1950 c series 10 dollar bill from bank of new york worth?
To clear things up, it's from the Federal Reserve District of New York. The Bank of New York is a commercial enterprise like Wells Fargo or PNC, and doesn't issue money. Please see the Related Question for more information.
What options do you have in Connecticut if your car is repossessed and you want it back?
Your option is to CALL the lender who had it repossessed and find out how much it will cost to get it back. Repossession is a matter between YOU and the LENDER. There is no state agency that oversees the process.
If you are self-employed and your car gets repossessed how does the bank take action?
The matter is the repo, not your employment. If your car is taken they will auction it off for what they can get and you will be held legally responsible for the balance. Regardless of the amount. Self employed or not. Yes, it is much harder for them to collect from you if you are self employed.
