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∙ 16y ago
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My car was not repossessed but the account was charged off what can happen?
Will be repossessed, be patient. You either pay off, or pay off. No longer able to make payments. They will repossess the car and sue for the difference. Sorry.
How do you get a title for a car that has been charged off for non payment?
Pay it off. It will still likely be repossessed.
What if your car was repossessed and the lien holder charged it off but sold the debt to someone else?
You are still walking. You must pay off the new holder of the note. act wuick as they will sell it fast.
Can you be charged with illegal drugs found in a car after it is repossessed?
Probably not, but there is a good possibility that you'll be watched.
Do you have to pay off a repossessed car?
Most of the time you do, YES.
Can you let a car be repossessed with scratches on it?
A car can still be repossessed if it has scratches or some slight damage. The current value of the car is normally used when netting off the debts.
How can you get your car back if you paid the car loan off but haven't paid the interest that occured over the years off and they still came and repossessed your car?
The car was repossessed one week before being off, now the creitor wants to charge me repossesses fees.
After you buy a repossessed car does it stay marked as repossessed as long as it is driven even though it is paid off?
The car isn't damaged, the debtor's credit rating is. There is no permanent record of the car as a repossessed vehicle like there is for a salvaged title.
Can a repossessed car be reported stolen if you can't find it?
If you want to be charged with making a false report on top of losing your car. If it has been repossessed legally, you have no real claim on it and aren't supposed to find it. Pay what is owed on it and whoever has it must produce the car.
What can happen to your debt after your car is repossessed?
Your debt is then written off as the car covers the cost of the debt.
Do you have to pay the whole vehicle off if it is repossessed?
Once a car has been repossessed, you as the owner of the vehicle have the obligation to repay any amount still owed on the loan. Once a car is repossessed, it is often sold in a repossessed cars auction by the finance company. The amount which the car was sold for will be deducted from the total loan amount and then the difference will be owed by yourself. So yes you would have to pay the whole vehicle off if it was repossessed.
How do you get a clear title to a car that was repossessed in chapter 7 four years ago but not picked up?
First of all, if the car was not picked up, it was not repossessed. Second of all, you need to check with the attorney that handled the Chap. 7 BK. The bank may have charged it off or forgiven the debt (not likely forgiven) if you want the clear title, the lienholder would still need to be paid off.
