0
If you live in Texas and have two cars financed by different banks and you haven't kept up with payments on one of them can they take the one that is current on payments?
Wiki User
∙ 16y ago
Don't know for sure about Texas, but in my state of Ky, they will repossess, the car the default loan is held on. They have no legal right to take the car that is not in default. You do not want to have your car repossessed. Talk to the lender and work something out, even if you have to sell one of these cars. Repo, is the worse thing that could happen. They will sell the default car for around wholesale, and you will be required to pay the difference in this and the balance on the loan. Plus, your credit will be ruined for 7 years. Bad idea!
Wiki User
∙ 16y ago
Add your answer:
Earn +20 pts
You are the primary owner on a vehicle you owe 700 on the loan and the cosigner decided to take the vehicle even though they havent made any payments can they do that?
Two things to consider here: First, the cosigner is an equal owner of the vehicle regardless of whether or not any payment has been made by him. This is a matter of contract law. Second, and typically in cases where payments are not current, the cosigner/co-owner can take possession of the vehicle to protect his credit if his intention is to surrender the unit or to make payments current.
Do scented colored or white candles burn at different rates?
i dontnow cause i havent done it i dontnow cause i havent done it
What is the different of animal cell to plant cell?
the plant cell have an cell wall but the animal cell havent cell wall , animal cell have lysosomes and the plant havent lysosomes.
How many different trophies can you get in webkinz?
there is no maximum. But about 300 I would say. I am not sure. I havent gotten a lot.
What is the centimeter for a stapler?
That depends on the stapler you cant work that out if you havent their be all different sizes seen the stapler
Is jessica atcheson Joe Jonas girlfriend?
No they havent broke up. Its just that there in touch with each other still
What does Neegum mean in sanskrit?
I havent heard of 'Neegum' although my Sanskrit is quite basic unless the English wording is different?
What happened if other player get into your account in evony?
You have to refresh, at this time if you know you havent relogged in on a different computer, change passwords
What happened after acceleracers?
Nobody knows what happened cause they havent finished the show yet because it was sold to a different company
How many languages have Jane Austen's novels been translated into?
i know that it is 35 different languages, but i havent found out what they all are.
Can SSI payments be used to qualify for a car loan?
I'm on ssi and havent been able to get one and my credit score is 750. I was told to that I had A good chance trying A in house financing lot (buy here pay here)
Who is the vice president of the state of WA?
Well if you havent figured it out yet, the vice president of each state is the vice president of the USA for the current time. I hope you learn this by 18.
