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If no paperwork was sent to you by the creditor how do you find out how much your repossessed car was sold for?
Wiki User
∙ 13y ago
Cotact the lender and ask for a copy of the bill of sale, and a reconciliation of your account. The reconciliation should show the application of the purchase price. If not, demand they correct it. It can take perhaps up to thirty days for the lender to comply, and they may require you make your request in writing.
Wiki User
∙ 13y ago
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Can you get a vehicle back after it has been repossessed?
YES,, CALL the lender and find out HOW MUCH it will cost to do so.
Where can you find out if the car that was repossessed has been resold and how much was it sold for?
The LENDER keeps such records and will share them with you ultimately.
Is it better to let a car be repossessed or negotiate a buyout with a creditor?
It depends on your financial status, and whether there are other financial factors such as bankruptcy. The repossession is a much more serious blow to your credit standing than arranging a buyout.
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.
What happens to a person if they hide motorcycle that is being repossessed?
Nothing will happen to a person if they hid a motorcycle that is being repossessed. Eventually, the company that is trying to repossess will either give up or find you. They will use all tools at their disposal depending how much is owed at the time.
how much time can go by before a car can be repo?
How long you can go before your car is repossessed depends on several things. Generally, as soon as you default on your note, your creditor can "repo" your vehicle. The definition of default may depend on your loan contract, but usually just missing one payment can qualify. It is best to communicate with your creditor before you miss a payment to work out other terms, and avoid having your vehicle taken from you.
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 time does a person have to file paperwork for a civil action after the praecipe for writ of summons is issued?
how much time does a person have to file paperwork for a civil action after the for writ praecpie of summons is issued?
What paperwork does a vehicle repossession man have to have with him at the time of the repo?
Not much really, he just has to make sure it's the right vehicle and that the bank has done THEIR paperwork.
involving too much paperwork?
buraucratic (there is a error in cells number;)
Can i be sued for balance of repossessed car in Texas?
Yes. If the amount of the debt is greater than the price the car brings at auction, then you will still owe the balance, and if you do not pay it the creditor can sue you in order to recover it. Depending on how much it is and whether they think you have sufficient assets to make it worth the hassle, they may not bother, but legally they're allowed to do so.
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.
