answersLogoWhite

0


Best Answer

Its a GAMBLE to see how long you can wait to pay. If the lender sends the repo order out on Thursday, you pay after businnes hours on Friday, you will likely lose the car and the money before Monday morning. Then you have repo charges to pay to get the car back. Dont Gamble.

User Avatar

Wiki User

โˆ™ 2015-07-15 19:30:26
This answer is:
User Avatar
Study guides

Loans

26 cards

What is forfeiture

Which of these is the best description of delinquency

Which term is defined as property that is pledged as security on a loan

This is Paula's monthly budget What percent of her expenses is spent on insurance

โžก๏ธ
See all cards
2.33
โ˜†โ˜…โ˜†โ˜…โ˜†โ˜…โ˜†โ˜…โ˜†โ˜…
3 Reviews

Add your answer:

Earn +20 pts
Q: If you pay the amount due before your car is reposessed can the creditors deny you the right to pay the debt and still take the vehicle?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Can a car get reposessed if the previous owner owes finance on it?

Yes. Prior liens must be paid off before you take title to the vehicle.


Should you apply for a credit increase before or after applying for a vehicle loan?

For a better chance at getting the vehicle loan, increase your credit after the vehicle loan. Increasing your credit before may reduce the your vehicle loan amount.


You should stop before crossing a railroad grade if your vehicle is carrying of chlorine?

any amount


What are the remedies when a lender agreed to accept payment in full the following day but reposessed the night before anyway?

Lesson learned: Lenders LIE !!!!!!!!!!!!!!!!!!!!!!!!!!


Do creditors have to serve you before getting a judgment?

Creditors are required by law to serve you with a summons to appear in court before getting a judgment. You can be served at your home, your place of employment or anywhere else the process server is able to locate you.


Why creditors use accounting information?

Creditors want to evaluate before granting credit to company that will company be able to return back credit when maturity time arrives.


Can debt collectors make a beneficiary pay the decedents debts?

The creditors can file a claim against the estate and the debts of the decedent must be paid by the estate before any assets can be paid over to the beneficiaries of the estate. If there are no assets in the estate the creditors are out of luck. You should consult with an attorney or other advocate before you pay any debts of the decedent.The creditors can file a claim against the estate and the debts of the decedent must be paid by the estate before any assets can be paid over to the beneficiaries of the estate. If there are no assets in the estate the creditors are out of luck. You should consult with an attorney or other advocate before you pay any debts of the decedent.The creditors can file a claim against the estate and the debts of the decedent must be paid by the estate before any assets can be paid over to the beneficiaries of the estate. If there are no assets in the estate the creditors are out of luck. You should consult with an attorney or other advocate before you pay any debts of the decedent.The creditors can file a claim against the estate and the debts of the decedent must be paid by the estate before any assets can be paid over to the beneficiaries of the estate. If there are no assets in the estate the creditors are out of luck. You should consult with an attorney or other advocate before you pay any debts of the decedent.


My car was damaged after the repo man picked it up property was stolen as well what are my rights?

It's difficult to prove that a vehicle was damaged during towing unless the damage is directly related to the way the vehicle was towed. Some examples would be AWD (All Wheel Drive) vehicles being towed on 2 wheels destroying the drive train components, damaged bumpers, or bent control arms from tow hooks. As well, personal property is the owners responsibility to keep out of the vehicle at all times. Your best bet is going to be filing a claim with your auto insurance agent (given you had insurance at this point in time.) If you are unable to do so due to being under, or uninsured - contact the bank that owns the vehicle and find out who the tow company that reposessed the vehicle. You may be able to take them to small claims court, and if not get money back on the deal - have the bank reduce the amount you owe if they are found at fault for the damage. If you own the vehicle, and you have taken delivery of it back from the impound, an insurance claim, or small claims court are your best options. If you have photographs of the vehicle taken just before it was reposessed, they will be your best tools in either case to prove the condition of the vehicle was changed during the process.


What are the legal hours in new york that creditors to call?

Not before eight in the morning and not after nine at night.


How long before creditors do a charge off?

usually a chare off happens after 7 years


Can the deceased be billed?

The decedent's estate must be probated if they owned any property. Creditors can make claims against the estate. The creditors must be paid before any of the assets can be distributed.


When a recipe calls for an amount of noodles is that amount before or after cooking?

before

People also asked