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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.

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Q: Is there a time limit in which to sell a vehicle after voluntary surrender and do they have to notify you of all attempts to sell?
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Related questions

How do you write a voluntary repossession letter?

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.


What if bank did not notify you of the sale date on the repossessed vehicle?

They do not have to notify you. You have no legal rights regarding car.


What to notify DMV after 5 days?

When selling your vehicle.


How long do you have to notify dmv of a totaled car?

If you want to stop paying taxes on that vehicle I would notify them very quickly. It is to your benefit.


How long after you sell your vehicle should you notify the dmv?

10 days


You must notify DMV within 5 days if you?

Sell or transfer your vehicle.


Is there a sample letter to notify debtors of bankruptcy?

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.


How many day do you have to notify your insurance company after buying a used vehicle?

2 days


Is it the responsibility of an insurance company to notify the lien holder on a vehicle if any change in coverage?

Yes, they are required by law to notify your lien holder of any change in coverage.


Do dvla send reminder for first mot?

The DVLA do not notify owners when their vehicle's MOT is due.


Does comprehensive and collision transfer to a new purchased vehicle in Texas?

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.


When a car is repoed and i get a letter where it is at do they have to notify me if they take it somewhere else?

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.