As long as there is a security interest in your car, YES, it can be repoed if the loan is not paid. Just think how many people would buy cars today if your situation happened everyday.
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Related Questions
Does having the title to a repossessed truck give you any legal rights?
NO, the truck probably has been sold already and the lender got a repossessed title to sell it with. Of course they do make mistakes. LOL
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.
If you hold the title and its in your name can your vehicle still be repossessed?
Well, if the title lists no lienholders, it cannot be repossessed. If it lists one, it would be best to surrender it or don't keep anything in it of value. Yes. Even if the lien is not recorded on the title, it hass probably still been filed with the state.
Can you get your property from the car if it has been repossessed without paying a fee?
Can I get my personal property from the car if it has already been repossed without paying a fee?
Can a car be repossessed if the title work has not yet been completed and whose credit would the repo affect?
Yes it can and will effect your credit
Can you get your speakers out of your car if its been repossessed?
If they're mounted already, you won't be allowed to, unless you sucessfully petition the lienholder to allow it.
What do you do once your car has been repossessed?
I have a welding machine on the truck they repossessed can they keep that?
Why has your vehicle been repossessed if you are up to date on all title loan payments?
Call the loan company and ask them. If you are up to date on your loan you have a case against them.
Can a title pawn sell your car after its been repossessed without telling you?
Yes. Once you default on your loan, it's their car. They're not obliged to tell you anything.
Do you list a car that has already been repossessed on your bankruptcy schedule?
Yes. Look under the Statement of Financial Affiars. There is a section for repos/foreclosure/garnishment.
When a car is repossessed what do you do with the insurance?
When a car has been repossessed the person paying the insurance should cancel it.
Can chicken that has been fully cooked and frozen be thawed and then refrozen?
No you will get really sick it's already been exposed to bacteria.
IS Res Judicata a technical defense?
Yes. It means that the issue has already been fully litigated.
If the lender has written the car off and not repossessed it do you owe them money?
YES Yes, you owe them money or yes they owe me the title if it has been written off? Thanks for your help.
Will a dealer allow you to use a car that should have been repossessed but was never picked up as a trade-in?
If you cannot produce a "clean title", you cannot sell or trade the vehicle.
What can you do if a car has been sold and they have not paid for the car?
Well if you have not signed the title over to the buyer or if you have a lean on the title you can have the vehicle repossessed. If you have signed over the title to the buyer without putting a lean on it 1st there is nothing you can do. I own a recovery company and know a few laws. Good luck.
Is Hilary Duff going to be in new moon?
No, New Moon has already been filmed and fully casted.
Will your name came off the car title if your car is repossessed?
Your name is probably not on the car title in the first place. When you are paying off a car loan, the title is in the name of the lender. Once the final payment has been made, then the lien is removed, a title is issued in your name and you own it outright.Of course, if you put your cleared title car up as collateral and have failed to make good on a debt, then it can be repossessed. State law will give you time to buy the car back and pay penalties. Once your time is up, then the car is sold and the new owner takes possession with his name now on the title.
How do you change the title of a condo to remove cosigners after it has been paid fully?
You work with your attorney to affect the change in title that you want. Your attorney can guide you and advise you, so that you produce the documents required in order to change the title of ownership.
Can furniture be repossessed if payment has not been made in 6 months but you start back making payments?
Yes, furniture can be repossessed if you start making payments again after 6 months, especially if the missed payments are not caught up. The creditor can refuse the payment if court proceedings are already in progress.
In Utah can your wages be garnished for a car that was repossessed?
You do not owe money for a car if it has been repossessed, so your wages can't be garnished for that reason.
What is a good story title for a teenage girl who has been framed for the murder of her parents and is sent to a Mental Institute?
The title comes after you've finished writing the story. Write it first, then the title will already have come to you.
Can a motorcycle that has been taken apart be repossessed?
i heard u can
Can a cosigner have a car repossessed if the loan has been in arrears?
yes
Can you sell your car after the car has been repossessed?
No. A car is repossessed because you failed to finish paying for it. Since you never fully paid for it, it's not yours. No. You do not own the car once it has been repossessed. To sell the car you would need the title, which is in the hands of the finance company. After a repossession, usually 30 days later the finance company places the car in an auto auction. There it is sold to the highest bidder. In the rare case that the net proceeds from the sale exceed what you owe for the car (plus interest, penalties, repo fee, etc.) the finance company has to send you a check. If you can redeem the car by paying the full past due amount plus interest before they place it in the auction sale, then you can sell the car.
