Is there a company that can help get your vehicle back when the lien holder does not want to give you the car back?
Yes, the companys are called "ATTORNEYS". But,getting your car back is subject to the contract you signed. Most contracts give the LENDER the right to accelerate the balance due under certain conditions.(2nd repo, 2nd default ect) Call alocal attorney for a free consult. If theres a dollar to be made, they will likely take your case. Good Luck
There is no limit You Don't own it.. unless you are paying for it you must give it back to the lien holder. make your payments or give it back even after charge off they have every right to take back what YOU have not paid for.. and if they wish. in most states they have the right to get a court order for the vehicle have the local sheriff come out and demand the…
When your car gets repossessed are you able to get your tag back and can you get something from them that says it has been repossessed?
You are allowed to set up a time with the tow company that retrieved your vehicle to get any personal items of yours out of it, that does not include installed stereos or custom wheels. As for the notice, you will need to speak with your finance company, they will usually offer to give you back the vehicle if you can pay what is delinquent.
If you wreck your vehicle, the insurance company pays you off and you give them the title for the vehicle. The insurance company then turns around and sends the vehicle to an auction (usually for dealers and wholesalers only) and sell it. Most of the time a salvage company will buy the car for parts and the insurance company can recoup some of their money.
Does letting a car go back to the lien-holder affect your credit even though i took no loan from the bank and also what is the best way to give it back to that person?
When replacing a fully-covered vehicle on a policy with a new vehicle what are the industry requirements for information needed and time frame required?
In terms of motor vehicle insurance, when an insurance company writes a vehicle off, they have a dedicated salvage agent, who will give them back a certain percentage of its market value (pre-incident) for every damaged vehicle sold to them. If the cost to repair the vehicle is greater than its market value minus the percentage the insurance company receives, it is known as a constructive total loss (category D), as it is more economic…
No. A credit card company can win a judgment against you, which is a court order to pay a debt. If you still refuse or cannot pay, they can garnish your wages. But the company, who is not the law, cannot take your vehicle. * Vehicles are protected to the extent of the exemption that is allowed under the laws of the state where the debtor resides. It is possible if the exemption does not…
strategy means a specific way for doing something for example - if a company want to received his money back from his debtors than firstly company give them a letter , is they not give back money to company than company contact him at telephone and then meet him but after than company take legal action . It is strategy
You filed chap 7 bankruptcy 6 years ago and have been making payments can you give back the home to the lien holder without going through foreclosure?
No. You need to contact your insurance company. they are not all the same. Most insurance companies will give you a short grace period in which to notify them of a vehicle change such as a trade in situation. If it's an additional vehicle you have acquired, there would be no coverage until you have contacted your insurance company.
What if you leased a vehicle and a month later find out that the leasing company had no record of the account being set up Can you just keep the car for free or maybe even give it back?
If you leased a vehicle and the leasing company had no record a month later there are a few options. You can keep the car dishonestly and hope someone doesnÕt report it stolen, or save the payments until the agreement is found and updated so when the agreement is found you are not behind. Lastly, you can turn the car back in.
If a car owner has full coverage on their vehicle including uninsured motorist can they allow someone without any insurance to drive the vehicle?
If your insurance company does not want to give you Fair Market Value for your totaled car is there anything you can do to make them pay FMV?
Insurance companies will not give you the book value for a vehicle, the will give you the market value. Which means they search the classifieds for the lowest value of the vehicle and discount it again in an effort to give you their lowest price. Sue the driver of the vehicle,this will put pressure on the insurance company to come to an agreement with you. You can also contact the insurance bureau in your state…
If a car was stolen and found in bad condition do you have to accept the vehicle back or can you reject it and have the insurance company pay it off?
First of all you call the repo company. After that keep trying to call the bank. As long as they don't sell the car you can still get it back by paying the reinstatement amount. * A repossession agent/agency is contracted by the lender, they have no authority to release a vehicle unless the lender orders them to. The lender has no legal obligation to reaffirm the vehicle loan or make any other financial arrangements…
The DMV (Department of Motor Vehicle) does not notify your insurance company, however, the information becomes accessible to your insurance company through your MVR (motor vehicle record). Your car insurance company has the right to pull your MVR prior to your car insurance renewal and to give you a higher rate because of this. Not all companies pull MVRs every renewal because it does cost money.
If you haven't paid the vehicle off, then you must repair the vehicle with the insurance check. If you don't owe a bank anything, you are not required to fix the vehicle. Keep in mind, if the vehicle has unrepaired physical damage and you get in another accident the insurance company will not give you another penny. They are only required to repair the vehicle to the condition it was in prior to the accident…
You bought a car with gmac through finance after one month you realized that you made a mistake as you could not afford to meet the monthly payments what should you do?
To get a car insurance price quote, one must give the insurance company your personal demographics of age, sex, address, occupation, driver's license number, and other personal details. One must also provide the make, model and year of the vehicle, as well as extras include on the vehicle, such as car stereos or upgraded wheels. You must also include any damage to the vehicle and the general condition of the vehicle to receive your insurance…
Can you cancel a vehicle sale contract and get your deposit back if the dealer did not get you to sign it?
The surrender will depend on who holds the loan on the vehicle. If the dealer has in house financing then an agreement could be made to give the car back. If the loan is through another company, then a deal must be made to give the car to them. They could let you drop it off at a branch, or require someone to pick it up from you.
Call the dealer for the brand of car you have (if you have a discontinued marque, such as Saturn or Pontiac, you call a dealership of their former parent company), give them the VIN number of your vehicle, and they can give you any information you need about your vehicle, to include nomenclatures and part numbers.
If you and the buyer are in agreement, then certainly. You would give the money back, and the buyer would give back the vehicle and the bill of sale. However, if the new owner has already registered it with the DMV, then the sale is completed and the vehicle has changed ownership. If the buyer still owes you money, and you didn't put a lien on the title, you would have to take the buyer…
A Repossesion company can take the car any where. Once the car has been repo'd it is now property of the bank and they can do with it what they want... cars that have been repo'd where I work in WA have been stored as far as TX, but Generally the company likes to keep it some what close to give you a chance to redeem the vehicle, but not always.