0
What else can I help you with?
Can you be charged a repo and insurance fee when the original owner never notifid you of the repo and drove the vehicle away herself?
I'm not sure what your question/situation is but... The Finance company can do what's called "forced insurance" meaning if you do not have insurance they will put insurance on the vehicle at a hefty cost to you. They can also repossess the vehicle even if you are up to date in payments but do not pay them their insurance rate.... and that money is still owed after the repo.
If your car has been repossessed do you have to keep car insurance on it?
no, but it is recommended. the repo co has insurance and is bonded for this type of situation. you will have to provide proof of repo to your insurance co.
In the state of Texas can the lender repo your vehicle if your auto insurance lasped for 4 months you was told you had to pay full insurance coverage or vehicle will be repoed can they?
Yes they can repo if they catch the insurance lapse. Most financed vehicles have a Full Coverage clause that you signed and agreed to when you contracted to finance the vehicle.
How do you find repo laws in your state?
Search on "repo laws + [your state]"
Can a finance company repo YOUR car if YOU are not behind on YOur payments in Washington state?
If you are up-to-date then no, if you are a cosigner there may be complications...
Can your car be repo if you have no insurance?
The repo man will not care if your car has insurance or not. If you haven't been paying for your car, the finance company or bank will take their car back.
Can your car be repossessed if the payments are up to date however the insurance has expired?
it depends on the stipulations in your contract. in most cases any breach of cantract can be grounds for repo
Can you repo an auto in Mississippi for no insurance?
Yes, If your auto finance contract requires you to have insurance on the vehicle and you fail to meet that obligation they can certainly repo the car for violation of your contract terms.
How much is the average price of repo insurance?
1 mil
Can you repo your vehicle in the state of Virginia if the payment is one day late?
Although it's bad business to do so (banks lose money on most all repo's), they can repo at one minute past midnight the day after your due date. Technically, it's a breech of contract. -Matt
Can they repo your car in you are in another state?
Yes. However, the agency conducting the repo needs to be licenced to operate in the state you are in.
How long does a paid off car repo stay on your credit report?
7 years from the date of repo.
