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Is it legal for a dealership to repossess a vehicle that was not financed only a bank error without letting you correct the problem?
Wiki User
∙ 20y ago
YES
Wiki User
∙ 20y ago
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What do you do if you had no insurance on a financed car and it was stolen?
Keep making payments on a car you don't have and learn your lesson about not letting your insurance lapse.
What is the latin verb for letting go?
Dimitte if I am correct.
How would an incarsarated family member return a new car to the dealership?
Well first off, it's not like he could get a refund. If he is simply going to let it get repossessed, he can have someone else drop it off & he can send the lienholder a letter stating he is voluntarily letting them repossess the vehicle, along with location of where it was left. Voluntary repossessions avoid additional charges, towing, repossession fees,etc.
What are the consequences of letting a company repossess an auto when you are in over your head?
It would be in your best interest to try and negotiate something with your creditor. What will probably happen if they repossess your vehicle is that they will auction it off to the best bidder in an attempt to recover what you owe on the car. If the best bid does not cover the debt you owe, they will come after you for the balance. So you will be stuck paying the balance on a car that you don't even have anymore.
Is it correct to say I appreciate you letting me know?
Yes, that is a correct and polite way to acknowledge someone for informing you about something. It shows gratitude and respect for the communication.
What happens when you stop financing a car that's been totatled?
You will Be put into collections for the remainder owing on the car and the intrest that ammount collects over the period of time it is owing. if you did not put the accident through your insurance you pretty much F@%&'d yourself. I have a 06 civic that was backed into in a HONDA dealership parking lot, by a HONDA employee, that is financed through HONDA. rigt now im considering letting them repo it... but i dont knowwhat thats going to do to my credit..
Your husband died and you missed 2 payments can they repossess your bulldozer I have been trying to straighten everything he died at 43 and they have called with no compassion threatening repossession?
Yes they can still take the vehicle. I work for a repossession agency and I know that it sounds cruel, but the car does not belong to you until it is payed off. So by me saying that I am letting you know that your husband technically did not own the car yet and the loan has been in default so they can come repossess their collateral.
What are the options for a past due car note if there has already been a deferred payment granted?
Some lenders will allow more than one deferred payment as long as it has been at least twelve months since you last deferred. There is a little more flexibility if your car is financed through your bank and not a "shotgun" company from the dealership. It would be best to call them and explain your situation and ask for suggestions. They might consider refinancing your car or letting you pay a little extra on your next few payments to make up for the one missed.
Is it a correct statement that if someone leaves the door of an air conditioned room open it is open said that the person is letting the cold air out?
Yes.
Is it correct to say I would appreciate your letting me know?
"Will either you or him please text me, and let me know."I'm pretty sure... ^-^'Yes, "Will you or he please text me and let me know" is grammatically correct. "Will you or him please text me..." is not.
What is the present progressive of let?
The present progressive a word for an on-going action in the present.Examples:I am letting...You are letting...He (she/it) is letting...We are letting...They are letting...
Is it correct to say thank you for letting me know -?
Yes, it is extremely polite to tell someone "thanks for letting me know." Even if the information they provide isn't necessarily useful for you at that given moment, telling someone that you appreciate the effort they put in to finding an answer for you is the right way to go about it.
