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If you told a person they could use your vehicle as long as they made the payments on it and they stopped making the payments and refuse to bring it back can it be reported as stolen?
Wiki User
∙ 9y ago
You can report it as stolen, but the police will more than likely not take it very seriously. It would be better to have a repossession agency or individual deal with it. Issues like this can escalate and become violent.
Wiki User
∙ 9y ago
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Can a finance company repossess your car when you lose your job?
Only if you stopped making payments and are behind on your on your payments.
If you bought a car and the title and loan are in your name but you allowed a friend to take over and now the friend has stopped making payments can you take the vehicle back?
As long as the title and loan are in your name the car is yours. Any payments missed will effect your credit. Take the vehicle back, now.
If the cosigner is on the title can they take vehicle if person is not making the payments?
Yes..... I did
Can a vehicle be repossessed if you allowed a military person to take over vehicle payments and he has not paid anything?
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.
Do you have the right to take possession of a vehicle you cosigned when the person not making payments?
Yes.
How do you know if you car is going to be repossesed?
The best indicator is that you still owe on the car, and you have stopped making payments.
Can medical bills effect your credit while making payments on them?
Yes, this is only reported on your credit report if it is a collection account.
What can a person do to pay for a vehicle damaged in an accident while their insurance was lapsed?
start making payments
Can a cosigner in California take possession of a vehicle if the primary borrower is not making the payments in Georgia?
Only if the cosigner is also named on the vehicle title.
Does a co-signer have legal rights to a vehicle if they have been making the payments?
Depeding on how the vehicle is titled you may have legal rights to the vehicle even if you aren't making the payments. However, in order to just get it titled in your name then you will need their consent if it's currently titled in both of your names. Very simple answer to all these questions. If your name is on the title, you can have the car. If your name is on the loan, you can make the payments. WHAT if BOTH names on tittle, reg and insurance, one is making payments but other is the strong credit that got bike and wants it back
Should I keep making payments in a VW diesel car?
If you keep on missing payments on your auto loan, there is a high chance that the vehicle may be repossessed by the bank.
Can your loan be in default if you are making your payments on time but have failed to insure the vehicle or provide information to the loan company?
Yes. Making payments on time is only one of several things you agreed to do when you signed the loan papers.
