if the vehicle had a stereo system in it when u bought it, u have lost the system that was in it when reposessed most state laws say that if an item is "wired","taped"or otherwise "fashioned" to the vehicle it is considered a part of the vehicle and not personal property. so in other words if you wired in a stereo then no you cant get it back. if you have loose items in the vehicle i.e. cloths,papers,trash you can get that back in a certain time frame
Theoretically no. If the vehicle is repossessed you are supposed to be given the contents back. However, this does not apply to INSTALLED items, so if you've upgraded the stereo system, or installed premium equipment like a high-performance engine, those are considered to be part of the vehicle. Also, it's likely to be your word against the vendor about what was in the vehicle at the time it was repossessed.
You are entitled to any property that is not physically attached to the vehicle. In many states, you may remove after market speakers you have installed, provided doing so causes no damage to the vehicle. You will be given only thirty days to recover private property after the vehicle is repossessed.
A disabled person's vehicle can be repossessed just as any other person's vehicle can be repossessed. You must make all payments on your vehicle if you want to keep it.
It depends on you locatily, but in general, yes, if you are behind on your payment, your vehicle can be repossessed.
by paying the bill or rebuy it at an aucton
Probably not. The risk was yours since towing was the logical next step for failing to meet the requirements of the loan. It was your failure to meet the requirements of the loan which led to the vehicle being repossessed which subsequently caused the vehicle to be towed. All the towing company needs to do is to prove that they used standard towing practices.
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.
Depends on the year and vehicle it was installed in.Depends on the year and vehicle it was installed in.
Once a car has been repossessed, you as the owner of the vehicle have the obligation to repay any amount still owed on the loan. Once a car is repossessed, it is often sold in a repossessed cars auction by the finance company. The amount which the car was sold for will be deducted from the total loan amount and then the difference will be owed by yourself. So yes you would have to pay the whole vehicle off if it was repossessed.
Technically (and leagally) yes.
Yes it can.
Obvious answer, Yes.
Yes, it can.
No. Absolutely not. If they enter a vehicle they do not have an order of repossession on, they've committed a crime. They may enter the vehicle they are there to repossess, and only the vehicle they are there to repossess.
You are allowed to set up a time with the tow company that retrieved your vehicle to get any personal items of yours out of it, that does not include installed stereos or custom wheels. As for the notice, you will need to speak with your finance company, they will usually offer to give you back the vehicle if you can pay what is delinquent.
Depends on the vehicle of piece of equipment the engine is installed in. In other words the load it is carrying.
Usually, they do not have to tell you what they are about to do to your vehicle. But, the procedure is is that they will sell your vehicle in an auction.
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.
Loan and security will always be active against the vehicle. It never goes away until paid or repossessed. Yes, the collateral may be repossessed at any time.
need a 10 day letter after vehicle is repossessed
a lender can do as he/she pleases with the vehicle after 31 days...in the state of Alabama
They have no liability for a vehicle repossessed lawfully from their property.