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This could vary by state, but in every one I have lived in only your Mortgage company can take your home. Other's can only place leins on it which would have to be paid to transfer the title, refinance, sell it, etc. The lender on your auto has no legal claim on your home and if he wanted to try to get one he would have to take you to court and get a judgment against you to try to get a lien.

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โˆ™ 2015-07-16 18:06:34
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Q: If they repossess your car can they also take your home?
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Related questions

What time can the reposition men show up?

People can repossess your car at any time whether you are at work or home. Most car repossession workers prefer to take your car at night because you are sleeping.


Can one owner repossess a car from the other owner?

You can repossess a car from from any one as long as your down as a lean holder on title. If your name is not on the title as lean holder than you can't take the car.


What is Texas law on repossession procedures?

Can the police repossess your car? Can the police repossess your car?


If a creditor garnishes wages for debt can they take your car?

If the debt is on the car, or the car was used as collateral for the loan, YES they can repossess the vehicle!


If you let GMAC repossess your car will they take you to court?

Unless they change the laws, YES they will.


Can a bank report a car stolen if in default of payment?

YES, IF YOU CLAIM NOT TO KNOW WHERE IT IS. If you call the bank and say I dont know where the car is its gone, they are going to tell you to report it stolen. If you stop making payments on it then they will repossess, if there is no car to repossess then you are still responsible to pay the monthly payment car or no car If you stop paying and there is no car to repossess then they at that point can take legal action against you. I dont know if its reported stolen but take my word for it you will pay somehow.


You want to take the car from the co-owner?

The best way to take the car from the co-owner is to have the car refinanced alone. Once the care is solely in your name, you can repossess the car.


Can they come on state property and repossess your car?

When you signed the contract to buy "your" car, you are also giving written permission for an agent to enter your private property and take back the bank's car. Read before you sign!


How long does it take a loan company to repossess your car after it charges off?

2-5 months


Is it legal to go onto private property to repossess a car?

No, they are allowed to come and take it away.


What can you do with a lender when you can't pay for the car anymore?

You can contact them and sometimes you can work out a deal with them. If not, you can allow them to repossess the car. Contact the lender and they will tell you where to take the car.


How do you use repossess in a sentence?

Hey Hun, if you do not make the payments they will come to repossess your car.


Can a dealership repossess your car if they are not the lien holder?

No. The lienholder is the only entity with a right to repossess.


Can a debt collector repo your car is they are not lienholder on title?

No. To be able to repossess any of your property, they must hold a lien on it. If they have no lien on it, they have no right to repossess. Their only option is to take you to court.


Can you repossess a car on tribal land?

NO!


My car was in an accident and is still at the body shop which hasn't been paid yet he finance company wants to repossess the car. Can they repo it from the body shop?

Yes, the finance company can repossess the car from the body shop. They would likely wait for the car to be fixed before they repossess the car.


When can a bank repossess someones car?

As long as the bank is listed as the lienholder on the title and as long as you owe them money and haven't paid they can repossess the car.


When a bank repossess someones car?

As long as the bank is listed as the lienholder on the title and as long as you owe them money and haven't paid they can repossess the car.


Can a bank take a car that some else as a lien on?

Yes, the bank has the right to repossess the vehicle if you are in arrears on payments.


Can a sheriffs department repossess your car?

Yes.


Can a lien holder repossess your car?

Yes.


When can a bank repossess someone car?

when he has a credit


Can they repossess your car when it is on your personal property?

Yes


Can the state of North Carolina charge for personal property when they repossess your car?

The state doesn't repossess your car - private companies do that on behalf of the lienholder. They don't charge you for private property left in your car when they repossess it - that would be illegal. They charge a "storage fee" for the items they remove from your car. Underhanded, yes, but they can legally do it.


Can a lender repossess a car if you do not pay down payment?

Yes, you made a financial pbligation by signing the documents for the sale of this car. So, they can legally repossess that vehicle.