Yes. Any amounts owing.
A disabled person's vehicle can be repossessed just as any other person's vehicle can be repossessed. You must make all payments on your vehicle if you want to keep it.
Usually Three. Could be less in some states. In reality, one should not be any payments past due - this will definitely harm ones credit ratings for the next 7 years!!
Two things to consider here: First, the cosigner is an equal owner of the vehicle regardless of whether or not any payment has been made by him. This is a matter of contract law. Second, and typically in cases where payments are not current, the cosigner/co-owner can take possession of the vehicle to protect his credit if his intention is to surrender the unit or to make payments current.
No. The primary insured MUST match who owns the vehicle, otherwise any claims made for that vehicle will most likely be denied.
Its a SCAM! Avoid any contact with them. Ebay only works with escrow.com for payments and any type of vehicle purchase
* You have the right to possess any vehicle you do make payments on or have paid for. * You have the right to retain possession of said vehicle provided you continue to make contracted payments toward the unpaid balance of the principle. * You have the right to have your vehicle repossessed if you fall delinquent on your vehicle payments to the contracted lender. * If your vehicle is repossessed, you have the right to recover any actual private property that was in the vehicle at the time of repossession. * You have the right to pay fees for recovering your property that was in the vehicle at the time of repossession. * You have the right to pay all unpaid balances and fees accrued as a result of the repossession process. That's about sums it up. I confess I did substitute "right" for "responsibility" in several places.
Whomever is named on the TITLE has equal rights to the possession of the car.
If you don't make your payments, they can be repossessed, the same as any other vehicle.
As long as the title and loan are in your name the car is yours. Any payments missed will effect your credit. Take the vehicle back, now.
Yes. If you are making payments to a car lender, you are generally REQUIRED to insure the vehicle. If at any point they discover that you are NOT insuring the vehicle, they have every right to force coverage as they have a financial interest in that car.
They will accept almost any claim, paying it is another matter.
Until the vehicle is paid for, a person is basically renting the vehicle. If that person pays all but the last monthly payment and defaults, he or she has broken the contract (verbal or written) and is not entitled to any refunds or compensation. The monthly payments are rent for that vehicle, similar to renting anything else, an apartment, equipment, a moving van. The money is for the use or privilege of using the vehicle.
One can obtain cash for structured settlement payments from any of the legal financing companies. Structured settlements is a periodic payments of funds. It is received as a claimant of injured party.
It is not a good idea. If that person does not make any payments then you are on the hook. The ownership can not be changed anyway, because it is listed as security under a registry.
One can do an online vehicle history check at Car Fax. They always have the most updated information, and can look up any history on any vehicle.
Could be one of a number of things, as it could be in any vehicle.
The cosigner is not able to come and obtain your vehicle for personal reasons or any other reason. A cosigner is not claiming ownership of your vehicle, they are simply vouching for your credibility and agreeing that if payments aren't made that they will uphold the responsibility.?æ
When you claim that your ex is behind in payments, the support enforcement agency will get permission to get any arrears from your ex's tax return, this is after they have already tried to get payments from them and could not.
Concession trucks could be expensive to own, especially in this day and age, when fuel costs are on the rise. When owning a concession truck, you could expect to pay basic vehicle expense and upkeep (any payments, gasoline, insurance and maintenance) as well as the cost of the merchandise you are peddling!
Up until the day they sell the car. As long as you pay the repossession fees and make up all back payments plus any administrative charges. That is if the lender agrees which they do not have to do. You broke the contract when you failed to make the payments on time so they can refuse the payments and sell the car.
Depending on how many payments your behind. If you are behind a great margin I think they would to try to make back the money lost but if you're one or two payments behind they will give you a chance to catch up and if you fail to make any payments after they contact you they will sell.
The person taking the vehicle out of the country would be guilty of a felony according to the state laws where the vehicle was purchased. It could be grand theft auto, stealing by deceit, transporting a stolen vehicle across state lines (which can be a federal charge), and any number of other criminal charges. It is probably possible with enough money changing hands with certain person's to register a stolen vehicle in Mexico.
If you are credit-worthy, you may be able to co-sign for your boyfriend's vehicle. But be aware that if he fails to make payments for any reason, you are liable for the debt and the creditor will come after you and possibly file suit against you. - I wouldn't do it.