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If you are 3 months behind but making payments on your vehicle can they still repo your car in Illinois?
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Can a finance company repossess your car when you lose your job?
Only if you stopped making payments and are behind on your on your payments.
If the cosigner is on the title can they take vehicle if person is not making the payments?
Yes..... I did
Can a vehicle be repossessed if you allowed a military person to take over vehicle payments and he has not paid anything?
it doesn't matter if the pope takes over your vehicle payments. if he stops making them, your credit is damaged and the vehicle is repossessed.
How can I lower my car insurance costs after I fell behind in my payments?
You can start making your payments on time and avoid accidents
Do you have the right to take possession of a vehicle you cosigned when the person not making payments?
Yes.
What can a person do to pay for a vehicle damaged in an accident while their insurance was lapsed?
start making payments
Can a cosigner in California take possession of a vehicle if the primary borrower is not making the payments in Georgia?
Only if the cosigner is also named on the vehicle title.
Does a co-signer have legal rights to a vehicle if they have been making the payments?
Depeding on how the vehicle is titled you may have legal rights to the vehicle even if you aren't making the payments. However, in order to just get it titled in your name then you will need their consent if it's currently titled in both of your names. Very simple answer to all these questions. If your name is on the title, you can have the car. If your name is on the loan, you can make the payments. WHAT if BOTH names on tittle, reg and insurance, one is making payments but other is the strong credit that got bike and wants it back
Should I keep making payments in a VW diesel car?
If you keep on missing payments on your auto loan, there is a high chance that the vehicle may be repossessed by the bank.
Can your loan be in default if you are making your payments on time but have failed to insure the vehicle or provide information to the loan company?
Yes. Making payments on time is only one of several things you agreed to do when you signed the loan papers.
If a financed vehicle is contracted with another person who is not making payments can it be repossessed?
If you're asking whether the vehicle can be repossessed for non-payment, it can, regardless of who's supposed to be making payments. Whoever appears on the contract or paperwork for the car is responsible for the payment, regardless of what informal agreements may be in place.
If your cosigner defaults on other loans but you are making your payments can they repossess your vehicle?
No. You are the primary borrower and are honoring your financial obligation.
