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no the only thing they can do is take it out of your paycheck. Even In New York State

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โˆ™ 2005-09-19 19:00:30
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Q: If your car was repossessed does the car loan company have the right to put a hold on your bank account then over draft it?
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Related questions

In New York State does a car loan company have the right after a car has been repossessed to freeze and over draft your bank account?

You need to read your loan agreement very carefully you may have given them that right.

If your car is repossessed are you entitled to the right to bring your past due current?

Most lienholders will allow you to bring your account current and get your vehicle back - but only after you pay the fee for the repossession and you may also have to pay the repossession company for storage.

Why wont a bank accept a bankdraft back from one of teir customers?

The bank cannot do that. Any customer of the bank who wants to deposit a bank draft into their account can do that. A bank cannot refuse to accept a customer's draft for deposit. You have the right to deposit it with any bank that you have an account with (unless it is a fake draft).

Where is bank draft number located on demand draft?

on the lower section of the check, in the MICR encoding area, to the right of the routing number and account number. It can also be preprinted on the check, located on right side upper corner

Do you have the right to get your property out of your car after it is repossessed?


Do you have a right to have a repossession letter before my vehicle is repossessed?


Does a credit card company have the right to attack your bank account?

Nope, unless your bank is the one you have your credit card with and even then if you send in writing to the company a request to contact you before debiting your account for a disputed charge to your account. Hope that helps.

How 2 cancel gf2ub account?

There is a way two cancel a gf2ub account. If you try to cancel the account will tell you to call the company right away and sometime it will even tell you that you have to pay to cancel the account.

What is the legal right to receive cash from a credit sale and represents an asset of the company?

account receivable

What is the best company to open a retirement account?

"The best company to open a retirement account is at ""Retire Me Right"". It is a wonderful company with plenty of benefits. You must make sure you enroll about a year before trying to sign up because the paperwork is intensive."

Can a company who closes your account try to collect interest three years after closing the account?

Yes, if you still owed a balance at the time the account was closed. Just because a company closes an account does not mean that any balances that are owed to them disappear. If your account was closed and there was still a balance outstanding and you did not pay that balance, the company has every right to collect the balance and any interest outstanding.

How do you delete the PlayStation Network account?

That is not a right of the user of an account. You can create an account and do not have a right to delete the account you create.

Can a car be repossessed if there is no lien holder?

In that case there would be no one with the right of repossession.

How did you find out the balance on an account?

You can find out your own balance - by contacting the company concerned and verifying your identity by answering their security questions. You have no legal right to the details of anyone else's account !

Can a company deduct provident fund from employee's salary without providing account number of respective Pf account number?

No. The moment they start deducting PF from your account, they are bound to disclose the PF account number to the employee. It is our right to know where our money is being deposited.

Can a car that's repossessed be entered by towing company without authorization?

The order of repossession is their authorization to enter the car. If your car is being repossessed, it means there's a lien on it, and the lienholder called for the repossession to be carried out. You don't own the car - the lienholder does, until you pay off the lienholder and they relinquish the title to you. So yes, that tow company doing the repossession has every right to enter the vehicle they're repossessing.

How soon can you buy a car after a car has been repossessed?

You can buy a car right after your car has been repossessed. It will however, depend on whether your credit is stable enough to qualify or if you have the cash to pay out of pocket.

Is there a time limit in which a car can be repossessed?

As long as there is a lien on the vehicle the lienholder has the right to repossess the property

When Will the 2010 WWE Draft be?

right after wrestlemania 26.

What is the term for an electorate's right to draft legislation?


Do companies have the right to access and read employee's email?

If it is an e-mail account provided and hosted by the company in question, the answer is likely yes, and you probably had to agree to it by signing a waver when you received the e-mail account.

Have credit card company putting levy on joint account but card is in my name only?

The card is linked to the bank account registered when you first applied for it. Even if the card IS just in your name - it makes NO difference to the card company - so long as they get the money you owe them ! They have a legal right to debit the bank account you registered with them until the debt is repaid.

How can you buy a repossessed vehicle directly from the bank?

Banks often keep repossessed vehicles in their parking garages. or in an appropriate storage area a reasonable distance from the bank. Walk into the bank and ask for the person in-charge of repossessed vehicles. Once onto the right department, state that you wish to purchase a particular repossessed vehicle when the title has cleared with the bank...and don't be intimidated into thinking you can't bargain, you can. Good luck.

Does account payable affect an account right there?


If your car is repossessed in Montana and you pay the finance company the total amount you owe in full plus whatever fees are they required to return the car?

If they take the money then yes however they have the right to refuse the payment since you are in violation of the loan agreement.