Most likely.
If you file before the vehicle is sold, the Automatic Stay that gets imposed stops the sale. You can then go back and work on how to pay the arrears. If its a Chapter 13, then they are simply in the plan.
If the car has already been repoed, then make sure you call the bank (or whomever you got the loan through) and tell them you filed. Give them the case # and the chapter.
A car cannot be repossessed until the owner has missed several car payments and the owner has been notified of late payments. In most states a car can be repossessed after three months of non-payment.
I have a welding machine on the truck they repossessed can they keep that?
yes they can...but it also depends on state laws too
The only way to get it back would be if it were up for sale and you bought it. Once it's legally sold, it becomes the property of the new buyer.
If the car is gone, the car is gone. The car would only be covered in BK if you still had it. If you file Chapter 13 bankruptcy within 10 days of your car being repossessed, or in some states before it has been sold or auctioned, your creditor must return the vehicle to you.
Call the lender they will tell you.
NOT. Good try though. LOL
NO,thats Grand Theft.
IF you have a legal interest in it, you call THE LENDER. They can tell you what you need to know. but they wont until you pay.... you might go take YOUR car back..beat the repoman
They are impounded until further action is taken
YES,, CALL the lender and find out HOW MUCH it will cost to do so.
They get resold as used cars to make some of the money back.
A car cannot be repossessed until the owner has missed several car payments and the owner has been notified of late payments. In most states a car can be repossessed after three months of non-payment.
Buy a bus pass. Or get ahold of your lender and see what they want to get the car back.
Yes, there are some instances that a person can get a repossessed car back in the state of Iowa. If the person pays all the money owed plus a repo fee, the car may be returned.
Without proper permission (in writing) to take your car after it's been repossessed, it is considered stealing. Anything from jail time to a hefty fine. If it's been repo'd, it's not yours anymore.
Yes, you can. Alot of times they will work with you. They don't want your car, just your money!:)