Yes when a leasing company regains control of an asset it is still considered a Repossession repossession is much easier in a lease agreement than it is in a finance agreement due to the fact that the asset is owned by the leasing company, in a finance agreement you control ownership and the bank only holds security in the asset.
As much as the repossession company charges. These are private companies with the latitude to set their own fees.
About as much as a Motorcyle. the engines are similar.
How much do repossession agents commonly make?
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.
Sure you can, but you're still responsible for paying off the loan to the finance company. If the check will cover the pay-off, give it to the finance company. If it doesn't, give it to them, anyway. It'll reduce your debt by that much.
Repossession actions are governed by state statues.
Finance Credit is a company that no longer operates, having gone bankrupt in 2002. There was much scandal over their closure, due to a criminal investigation into siphoning funds. The founders of the company are currently serving prison time, in Norway, where the company originated.
You can get a car loan, but will have to put down a very hefty down payment - sometimes as much as 50% of the value of the car. Small finance companies are more likely to help you out with that, but will charge you the maximum allowable finance charge (usually 29%).
Get a hold of a lawyer, because I was told by my friend going through this situation, that His lawyer told him that NO debt once it has gone to repossesion (once that car has been resold), or collection beyond the finance company is allowed to still accrue late payments or interest.
yes, if you go into accounts , finance etc...
There is no doubt that a finance controller has no choice but to be responsible with money. In addition, finance controllers must be mission oriented. The role of a finance controller changes a lot. This career often offers many different opportunities. For example, a finance controller typically has the opportunity to become the vice president of operations, the chief executive officer, and even the president of the company in question. Needed Qualifications for a Finance Controller The needed qualifications in order to become a finance controller typically depend on the company in question. If one wishes to become a finance controller for a small company, he or she usually needs a solid understanding of accounting principles. In addition, that person usually needs to work for that company for a long enough time. One good thing about being a finance controller for a small company is the fact that the CPA license is not exactly needed. However, this is only the case if the company has another person with a CPA who reviews all of the work that the finance controller does. For someone who wishes to become a finance controller for a large company, he or she needs to have a lot of public accounting experience and a CPA license. Many companies also look for men and women who have worked at accounting firms that include KPMG, PWC, Young and Deliotte, and Ernst. Between two and five years of accounting experience with a publicly traded company is also another major factor. Normal Compensation for a Finance Controller How much a finance controller makes with his or her annual salary and bonus usually depends on how large the company is. This is because a larger company typically has more to offer the experienced finance controller. The average finance controller for a larger company usually makes anywhere between one hundred thousand dollars and two hundred and twenty thousand dollars. This is an extremely large amount when compared to how much finance controllers who work for smaller companies make. A finance controller who works for a smaller company typically makes between sixty thousand dollars and ninety thousand dollars.
It depends on what you mean. Do you mean from someone (a third party) who purchased your car from the finance company after the finance company repossessed it from you? If so, there's not really too much you can do other than find the person and make them and offer.
Pretty much every company would use that os if it has to deal in finance.
The key activities of financial management are as follows:>Make as much profit as possible>Make sure the shareholders have as much money as one can>Estimate the whole amount of financial requirements of the company>Make sure owned finance and borrowed finance remain balanced>Improve well being for the company and set a good example>Have financial discipline to make sure finances are not being misused>Reduce costs and risks for the company and get a stable insurance as well>Set a balance between owned finance and borrowed finance
Not much. Nearly impossible to prove and so many make claims of stolen items, and no one ever believes them.
How much pressure do you apply to the brakes? How should you change your driving in rain?
Absolutely ! The new company can pretty much charge what they like in interest on the outstanding balance - meaning your debt will be more..
Talk to your bank or finance company, it'll vary dramatically depending on your terms and credit rating :/
Too many variables, call and ask your agent!
MONEY, any additional money the lender spends to get the car back will be charged to the acct. Any late fees,att. fees, ect. will be the same. IF you can find a buyer yourself, you will save TONS of money. You can sell it for much more than it will bring at auction.
Repossession laws vary from state to state. States also have different provisions for different types of property. You would need to be more specific about the circumstances, the property and the state where the repossession would take place. Your question should be reformed to ask, "Is a repossession under the following circumstances legal"? Asking what is considered an illegal repossession is much too broad a question.
How much you get paid will depend on what company you work for. You could start out at twenty five thousand a year and if you are lucky, you could double that in a year or two.