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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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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.
If you let GMAC repossess your car will they take you to court?
Unless they change the laws, YES they will.
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.
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!
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!
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.
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.
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 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 you repossess a car on tribal land?
NO!
