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If you are unemployed drawing unemployment insurance and your vehicle is repossessed can the lender go after home and property you own in order to receive the balance of the vehicle?
Wiki User
∙ 15y ago
NO! Not without a court order granting them that action. Taking anything that was not covered in the contract would be conversion.
Wiki User
∙ 15y ago
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What if your car was repossessed due to lack of insurance yet was insured at time of repossession?
Vehicles cannot legally be "repossessed" due to a lack of insurance. Re-possession can occur only when there is a default in the payment contract and the original owner (the lender) recovers their property from the defaulter.
Do you have the right to get your property out of your car after it is repossessed?
ABSOLUTELY!
Can a car be repossessed from private property in Georgia?
YES.
How do i report a repossessed bike?
If it's repossessed, it's repossessed... there's nothing to report. As long as there's a lien on that vehicle, the lienholder is the rightful owner of it, and can reclaim their property.
Are you allowed to obtain your personal property from your car that was repossessed?
Yes You Are !!!!!!!!!!!!
Can they take your personal property if a used car is repossessed?
yes
Can repossession be claimed against insurance?
No, sorry! Unless you mean that your property was wrongfully repossessed (wrong car, etc.) in which case you might have a Professional Liability claim against the repo man or his client, no.
Can my house be repossessed if my husband is madebankrupt but is not on the deeds?
Your husband's name is not on the deed, but is he on the loan? If yes, then it cannot be foreclosed and repossessed if the property is listed on his bankruptcy filing, and, as long as his bankruptcy payments are current. If he defaults on bankruptcy payments, then you can lose the property. If he is not on the loan, then your house can be foreclosed and repossessed.
Where can you buy repossessed homes in UK?
The best place to buy repossessed homes is at property auctions. Properties can be picked up much below market price but its important to know what you are doing. There are many sites available containing information on property repossession or buying repossessed homes.
Can you carry homeowners insurance on company property?
Commercial property cannot be covered by homeowner's insurance. Commercial property insurance must be purchased for that category of property.
What is the Difference of life and property insurance?
Property insurance - If your property is damaged the insurance will pay for this to be repaired. Life insurance - If you die then your estate (or the named beneficiary) gets a payout to the value of the insurance.
Can the car company that repossessed your car keep your personal property in it?
No Way. Its Your Stuff !
