In most states NO. Time limit?? key word 'REASONABLE" If you think the lender took to long or is trying to be shady, call a local attorney for the rules in your state.
Simply state in the letter that you wish to surrender the vehicle, list the loan number, the VIN, or any other way to identify the vehicle and the account with the lender. Notify them where the vehicle can be picked up, and where the keys will be located. And, have it there when the agents come to recover it.
They do not have to notify you. You have no legal rights regarding car.
When selling your vehicle.
If you want to stop paying taxes on that vehicle I would notify them very quickly. It is to your benefit.
10 days
Sell or transfer your vehicle.
There are letters that attorneys use to notify creditors of a debtors bankruptcy. This letter states that the individuals have filed bankruptcy and the creditors are to cease all contact and attempts to collect their debt.
2 days
Yes, they are required by law to notify your lien holder of any change in coverage.
The DVLA do not notify owners when their vehicle's MOT is due.
Yes, If your currently insured vehicle is traded in or upgraded then the newly purchased vehicle is automatically covered for the first 30 days with the exact same coverage as the vehicle you traded in. Within these thirty days you are required to notify your insurer of the vehicle change. Failure to notify the company within the required time period can void or nullify coverage on the newly acquired vehicle. Not that if the Newly purchased vehicle is an additional vehicle purchase, meaning it is not substituting or replacing an already insured vehicle, it may not be covered at all until added to your policy. This will vary by your state insurance laws. you have to notify your insurance company and they will transfer it to you until you can take it in to them to see and fill out forms.
They really do not have to notify you at all. The only notification at the end is the remaining balance that you owe once the vehicle has been auctioned off.