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Yes, you owe them money or yes they owe me the title if it has been written off? Thanks for your help.

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โˆ™ 2015-07-15 18:49:33
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Q: If the lender has written the car off and not repossessed it do you owe them money?
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Related Questions

How can you locate your repossessed car?

Your car was probably repossessed by the lender who owns the car until you pay for it. Call your lender and they will be able to tell you how to locate your repossessed car.


Can the lender collect the rest of the money you owe on a car that they repossessed?

In most cases, YES


How do you find out who repossed your car?

The lender who holds the note on your car, is the one that repossessed your car.


If YOUR car is repossessed what can the lender do?

In most states, the lender will sell the car. If they sell it for more than you owed, they keep the extra money. If they sell it for less than you owed, they send you a bill for the difference.


How do you find out what price your repossessed car was sold for?

ASK the lender.


How do you get your car back if it was repossessed?

CALL the lender or better yet, VISIT the lender with CASH ready to pay off the car.


Approximately how long after your car is repossessed do they come after you for the deficiency?

As soon as the lender sells the car, they will know what the balance due is. Then they will come after the money. You will know when that happens.


Would you be able to go through a debt consolidator to pay off what you owe on a voluntarily repossessed car?

IF the Lender agrees to it, yes. IF it gets the lender money, they will likely agree.


How do you find out where your repossessed car is being held?

The local police or the lender can tell you who has the car.


Can your car be repossessed after filing bankruptcy if you are up to date on payments?

On the surface, no. As long as you have not defaulted on the loan contract, there is no reason for repossession. The lender wants your money, not your car.


Do you have to notify the DMV if your car was repossessed?

NONE, the lender will take care of it


How long after you dont pay your car payment is a car repossessed?

Depends on the contract you signed with the lender. Read your contract. The lender does not want to repossess your car. Contact the lender immediately and work this out. The worse thing you can do is not do anything. Let your car be repossessed and you will ruin your credit for 7 years and pay the difference in what the lender sells the car for an the balance on the note. Bad idea. Work it out!Depends on the contract you signed with the lender. Read your contract. The lender does not want to repossess your car. Contact the lender immediately and work this out. The worse thing you can do is not do anything. Let your car be repossessed and you will ruin your credit for 7 years and pay the difference in what the lender sells the car for an the balance on the note. Bad idea. Work it out!


How do you find out where your repossessed car is so you can get your belongings out?

CALL the LENDER who had it repoed. they know where it is.


What do You do after your car has been repossessed?

Buy a bus pass. Or get ahold of your lender and see what they want to get the car back.


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.


Can the lender keep personal belongings in a repossessed car such as CDs?

No that's called stealing.....


Is it possible to get your car back after it has been repossessed for a second time?

Call the lender they will tell you.


Can a car be repossessed if the note is fifty dollars delinquent?

Unfortunately, yes. You have to talk to the lender.


Can car be repossessed on locked property?

It can if the lender gets a writ of replevin, the deputy can take it.


After your vehicle is repossessed and the car has been auctioned off can arrangements be made for the remainder of the loan balance?

The vehicle was repossessed for non-payment of the lease, correct? You still owe all the money to the lender, even though you no longer have the car. You signed a written agreement with the lender promising to pay a certain amount each month for how ever many months were in the lease. You breached that written contract by not paying the monthly lease - Just because the car is taken away from you does not absolve your financial responsibility to pay for the remaining parts of the lease.


Can your car be considered repossessed and put on your credit report as repossessed if they never picked up the car?

Absolutely. Once the car is considered repo'd it is all paperwork, otherwise you could just hide the car from the lender.


You have one day before your car is repossessed is there any payment options?

Call the lender, and make some kind of arrangements. Do not let your car get repossessed. You will be responsible for the balance on the loan. no


Can your car be repossessed if your insurance incorrectly told the lender your policy had been cancelled?

IF the ins. co. told the lender the policy was canceled, then you were in DEFAULT and the lender will repo.The lender and the ins. co. will have to get that straightened out.


Can you get your car back if it is repossessed and they don't provide written notice of seizure in California?

If you weren't paying the bill and the courts awarded the vehicle to the lender, it's gone.


Can a car be repossessed if the lenders name is not on the pink slip and it was sold to another party?

Who cares? Let the lender repo it, then sue 'em. File charges for stealing the car. Really, why would a lender even think they can repo a car that they have NO security interest in? especially if they never loaned any money on the car?