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If your mom bought a car and you repay her monthly as agreed can she repo the car when she's mad?
Wiki User
∙ 15y ago
If you are under the age of 18, yes, she probably can. Did you sign an agreement with your mother on this loan? If not, you are pretty much at her mercy until you turn 18. Try not to make her mad. Who's name is the car under? If your name is not on the title, your mom legally owns the car. Work this out in an adult manner with your mom.
Wiki User
∙ 15y ago
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When I bought a car for my kid we verbally agreed he would pay monthly he has not I am lien holder on title what are options now?
voluntary repo or sell the car to someone else who will actually pay.
Can a repo guy pick up merchandise earlier than agreed to take more stuff and break into a garage?
Not sure exactly what you mean about 'agreed to time" ect. BUT breaking into anything to repo is a NO-NO. Call a local attorney for state specific advise.
What happen if have car loan with a bank an you no longer need that car because the monthly payment is high can you take you back an get less one an will you continue with the same bank?
No, you are obligated to pay the loan you agreed to. If you give back the car (a voluntary repo) it will seriously affect your credit.
Is a 'Lease' repo the same as a buy out repo?
YES, its the same. You agreed to pay XX numbers of dollars over XX number of months. You didnt do that so you own the balance due.
Can a person turn back in a car that they bought a week ago and not be considered a repo?
Considering that the LENDER will be the one to report it as a "repo", wouldn't it be best the discuss it with the LENDER?
How can a leinholder repo a car with only 2 installments due and was to be paid in 1 month as agreed?
how can a leinholder repo a car "with only 2 installments due?" READ your contract. Does it say you will pay as due OR when you decide to? You were in DEFAULT and when in default the lender can repo the collateral.
If you've been making monthly payments on your car and and you are still a month behind can they repo it?
As long as you are in default, they can repo. Try to catch up the month behind. Send $5.00-10.00, whatever.
What if you have agreed to pay 900 deferred down payment and you can not make payments so they repo car do you get your 1100 you already paid back California?
btw the dealer never got deal bought by a lender because down payment was not paid is partial deposit refundable?
How do you repossess a car that your child was supposed to repay but that you took out?
IF your name is on the TITLE, you go get it. If not on the title, call the lender and make arrangements for them to repo so you can have possession of the car.
Can a dealership repo a vehicle immediately after the car note was paid in full?
As long as you are in default of something you agreed to in the contract, YES.
What is special about the Repo Truck company?
There is no company with the name "Repo Truck", but "repossession" of a vehicle simply means the financial lending company "takes back" the vehicle, because monthly payments on the vehicle have ceased.
If repo company is after car you bought but previous owner did not pay off what can you do to get title?
Try to buy it again.
