Colorado-20 days Massachusetts--21 days Iowa-- 20 days Kansas-- 20 days Missouri--20 days South Carolina--20 days West Virginia 10 days Wisconsin requires a replevin order be issued by the court.
There are 7 states that require the lender to notify the borrower that the lender is asserting their "right to cure". Connecticut, Iowa, Kansas, Maine, Massachusetts,South Carolina and West Virginia. Wisconsin requires the lender to obtain a replevin order before the vehicle can be recovered.
You can "self help" yourself, but it is better to ask a government official of that state.
Self help allowed AFTER 20 day Right to cure letter.Debtor keeps plates. DMV website http://www.ncdot.org/DMV/
no
False. In most states, you do have to yield the right of way to an emergency vehicle, as long as you can do so safely.
fundamental right
There are certain strict procedures that an automobile repossessor must follow when he is repossessing your car. The repossessor must notify the police that such vehicle is being repossessed, you did before or after the repossession has occurred. In either case, the police should know right away that the vehicle was repossessed. If this is not the case, then the vehicles like to have been stolen.
Repossessors cannot seize the vehicle by threat of lethal force - they can only use them for purposes of self-defense. If they draw a weapon without being in a situation which justifies it, they've committed a felony. Likewise, the owner of the property they're repossessing a vehicle from has the right to prohibit them from entering the property armed.
Perfectly legal, so long as they follow "peaceful repossession". If your vehicle is being repossessed, you may have some rights. For example, you may prohibit repossessors from carrying arms on your property, but ultimately, if they have an order of repossession for that car, they have a legal right to take possession of the vehicle they are there to repossess. They may not open locked doors or gates, or enter any vehicle other than the one they're repossessing.
If the cobuyer is in possession of the vehicle in this scenario, then eventually the lender will put it out for repossession. Once located, the repo agent will secure the vehicle or will have it assessed for the lender to determine if they want it or not, if it is worth repossessing. Either way, if you are the primary on the account, it will negatively affect your credit. It might be better for you to contact the lender and divulge the location of the unit. As a signer on the loan, you have the right to sign a voluntary repossession and surrender the vehicle. In light of the irresponsible behavior of the cosigner, it is the right thing to do.
Depends on which state you live in. Most states do not require a Right to Cure letter prior to repossession but a few of the states do.
Depends on the contract you signed and the state that you live in. Some states require a 15 or 20 day Right to Cure letter be sent to the debtor prior to repossession and some states allow the vehicle to be repossessed the day after you miss your payment.