answersLogoWhite

0


Best Answer

Yes because that is what it is.

User Avatar

Wiki User

16y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: If I take my car back to the bank that financed it will they process it as a repossesion?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What are the synonyms of the term 'financed'?

"Financed" is the past tense of "finance," synonyms of which include: back, bank, fund, patronize, sponsor, subsidize, support, pay for, pick up the check, and pick up the tab.


Can you return a used car purchased from a dealer?

A car bought from a dealer is usually financed by a bank they want there money not the car back


If you financed a car a year ago will the bank take it back if you tell them you cant pay it?

Yes, They will take it back if you give them no other option. Of cours eyou will suffer the credit consequences.


Why would a bank sell someone's car?

Because the bank owns the car. The person that financed the car did not pay the bank.


How do you get rid of a financed car and or leased car?

Get someone to take over payments, via an ad in the paper. Trade it in, or give it back to the bank, and take the hit on your credit.


How long until im evicted in repossesion?

The new owner or bank can evict you 24 hours after taking possession of the property (usually the foreclosure auction).


The government needed a national bank in 1832?

To keep it's financed value in order.


Can a salvaged title car be financed?

Answerno.I have a car that is financed through a bank. I recently found out that it has a salvaged title and I am having problems with getting full coverage insurance. the bank along with me didn't know it was a salvaged title at the time so what can I do.


Founded in 1762 this bank financed the Louisiana Purchase and the Panama Canal and it was destroyed by a 24-year-old in Singapore named Nick Leeson what bank is this?

Barings Bank


What is it called when a car dealer gives the bank false information about a car in order to get it financed?

Fraud


Can a bank sue you after repossesion of a car?

After they repossess the vehicle they will sell it for whatever they can get. You are then responsible for the difference in what they sold the car for and the balance owed on the loan. If you do not pay this amount they will take you to court.


Who financed the Russian revolution in 1917?

Lenin and the Bolsheviks were financed in many ways. Some were by contributions from supporters, bank robberies (mainly by Stalin and called "expropriations") and the German government.