Yes, They can always sue no matter what either of you may have. Your question should be can they win? If they can prove that you did not meet your obligation then yes they could win. To defend yourself be prepared to show documention what the agreed upon price and terms were and proof that you met those terms. check copies documents etc.
not technically. once the title is in your name that basically states that you've paid for the car in full and now were giving you the title to prove it
If you no longer owe on the car and own it free and clear then it's your choice. You can pick it from the towing company or not. After a period of time, the towing company will place a lien on the vehicle and take ownership. If you still owe money on the car then you have a contractual responsibility to protect the vehicle from liens and you will still be responsible to pay what you owe to the finance company.
If your license is suspended, you should not be driving any vehicle, including a company vehicle. The company should not allow you to drive.
If you have defaulted on your loan and not returned the vehicle, then you have basically committed a theft.
The Darley Ship Building Company, so this basically is saying the Darleys' did and they are still around today and the Company too!
Yes, you can sell a vehicle that is still being financed. You will need to pay the loan company the balance of the loan with the sale proceeds in order to give the buyer a clear title. If you have to sell the car for less than you owe, you will be responsible for paying the balance out of your own pocket in order to transact a legal sale.
In most states a shop can put a mechanic's lien on the vehicle whether you are still paying the note or not. This means that you cannot sell the vehicle until you clear the lien.
== == You CANNOT sell or trade a vehicle that YOU don't OWN, and as long as there is a loan debt outstanding on the vehicle, YOU can't sell it, as it still belongs to the company that LOANED you the money to but it. They own it. If you pay the entire remaining balance to the lender, and get a CLEAR TITLE to it, then you can sell, or trade it to whoever you wish, but not before you pay it off, completely.
The buyer/borrower should have a copy of the title, as it is needed to register the vehicle. The title will have the name of the buyer and the name of the company holding the lien on the vehicle.
The DMV of the state it is registered in should be able to tell you if a lien is still in effect on the vehicle.
When you purchased the car, you may have received a lien title from the state. This is not a clear title of ownership. The lender in essence still owns the vehicle, at least part of it. It is held in security for the loan. If you are a repossession company or agent, you will be required to have an order of repossession. But, if you are a repossession company or agent, you should already know this.
Why would the insurance company have your vehicle at all? Your insurance contract states the company will repair, replace, or pay the actual cash value of your vehicle at their option. There is obviously more to this story. If you clarify, perhaps I can help you.
no because the storage fee that the finance company charged you was what the repo company charged on the invoice. the finance company had no other reason to charge storage fee's they did not store it
No, you can't clear codes on any vehicle by disconnecting the battery. Thet are stored in the ECM and are still there when you re-connect the battery.
Once a vehicle has an Ohio Salvage title assigned, the history remains with that VIN until the vehicle is scrapped. The Registrar in your county will issue a Repaired Salvage , or "branded" Title that you can get your license plates with. You cannot obtain a Clear title for this car.
Drivers are required to have insurance. If you wreck your vehicle, the insurance company will pay for it. If you are driving without insurance in a vehicle that is not paid for, you still are obligated to repay the money you borrowed to buy the car. It is not the bank's fault that you wrecked the vehicle.
I was sued by my lease company eventhough my vehicle was totaled for not paying. I'm no expert but if I were you then I would because they have no hearts.
Yes. Damage could still happen to the vehicle and the loan company or bank will require full coverage.
He can add you as a driver on his policy, but your vehicle cannot be added since a vehicle can only be insured by one company at a time.
It really depends what state you live in. Although if you have full coverage on your vehicle you should report through your company and your company will go after the other insurance company to get their money back. If you have no collision coverage for your vehicle then you will need to file with the other insurance company and they will decide who was at fault for the accident, if their insured is at fault they will repair your vehicle
It may be alittle tough to find a finance company to finance the vehicle but you should be able to with some cash down.
as long as you physically have the title in your possession and its in your name and they haven't signed the back, you are still the legal owner. A title company would have to give proof of your financial obligation to them
No one has the right to enter your property to repo a vehicle. I your vehicle is out in the street, then its fair game. If you see the repo man coming but has not hooked up to your vehicle, you legally still have possession of the vehicle. Once the vehicle has made contact with the truck the vehicle belongs to him.
No, you no longer have anything to trade (the car is now the property of the repo company not you).
Besides the overdue payments on the vehicle, there are also towing and storage fees. The company that has physical possession of your vehicle (actually has YOUR vehicle in THEIR lot) should be able to tell you how much is still owed and to whom.