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IF your name was NOT on the contract, you're NOT responsible for it. If it was , you are.

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Q: In California are you liable for payments on a voluntarily repossessed car purchased by your spouse prior to marriage if you never used it because you can't drive a manual transmission?
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How do cars get voluntarily repossessed if they are not still in the same state they were purchased in?

The person who has the car calls the lender and tells them where to pick it up. the lender might say"just drop it off at XYZ dealership"....or they might send someone to your home to get it.


Is this how you spell repesesed?

REPOSSESSED - reclaimed from the person who purchased it (base of possess, to have)


Can TVs be repossessed in Texas?

Yes, TVs can be repossessed in Texas. The television that is purchased on a rent-to-own plan or that is in the process of payments for ownership can be repossessed if those payments are not made in a timely manner.


Can a car purchased and registered in Florida be repossessed in Georgia and returned to Florida?

Most definitely.


My car was repossessed can i get the radio i purchased out of the car?

Maybe, if you have the original, but, it is ultimately up to the bank.


Can a repossessed car be voluntarily returned to a dealer in a state other than where it was purchased?

YES you can. Just notify the lender where you dropped it off. No need to let it sit at a dealership for 2-3 months doing nothing waiting for the lender to locate it. That will save you a lot of phone calls from the lender also.


How do you find out if the truck you purchased was repossessed?

Start with some type of vehicle history report, such as Carfax.


Where can repossessed cars be bought?

Repossessed cars may be purchased from many car dealerships some specialize in repossessed vehicles and others may have the occasional defaulted payment. Another great place to find repossessed cars is with a financial institution, there are many people struggling, taking credit, the car is often the first thing repossessed when the loan is called in.


Can a motorcycle purchased on credit card be repossessed?

A motorcycle that was paid for on a credit card can not be repossessed considering the credit card company paid the dealer. You must pay the card company back though or they can take you to court.


What transmission is in a 1985 econoline van?

The 1985 Econoline Van has an automatic transmission. The transmission can be rebuilt by any licensed transmission shop or purchased new.


How do you buy repossessed tractor trailers?

Repossessed tractor trailers can be purchased from some tractor trailer dealers. If the rig was previously financed by a bank, the bank repossessing it will try to sell the tractor trailer to a dealer before selling it to the public.


What is the percentage of cars that get repossessed in New York after purchase?

0.36 percent of cars purchased by owners acquiring loans are repossessed in a quarter in the New York. Repossession occurs as a result of failure of stressed borrowers to come to an agreement with their debtors.