NO, THEY CAN PUT A LIEN ON YOUR HOME OR GARNISH WAGES IF YOU DO NOT PAY THE BALANCE OWED.
Many. Collection costs, storage, repo fees, etc.
No a repo person can not break into your home to repo your car. Repossession persons can not damage or destroy any property in attempts to take possession of a vehicle.
It all depends on your individual lending institution and the collection company they used to repo your car.Call and ask them Im sure they will assist you.
NO collection activity may occur legally during bankruptcy proceedings.
this question can form a wide range of answers it depends on if you are willing to pay on the repo car how ever the most they can do is put it on your credit and it can stay on there for 7 years it will show on your credit report as repo ..a large number of people never pay off a repo car even if you do pay on it to try and save your credit the fact still remain it was repo and it will show repo settlement
it will be on there as soon as the order gets sent to the repo company, they are the collection agency. after they repo ur car and it gets sold at auction ur credit score will change .
No, a repo man can enter your driveway but if the car is in a locked garage they do not have the right to enter without your permission. This rule applies to your home as well.
Your home is exempt from a credit card judgment, $1000 worth of your personal property which means items you own solely, your car is exempt up to a $1000 if you have a a car loan the car has to be worth mre than a $1000 after you deduct what you you owe on it. Go to the Florida state site and look under homestead exemptions there is an from you fill out and send the collection agency and you also what to send it to the collection attorney and the courts so that you home will be fully protected once they receive the home exemption for your home they have 2 days to contest it also they can granish your wages only if you are not head of house, if you are head of house hold you can request to the courts that you and that you do not want you wages granished. you can also get the home exemption form for you local legal aid or cantact an attorney. Good luck!
Yes. You are also responsible for repo fees, storage, auction and collection fees. You pay for it all.
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Will i be able to purchase another car later on if my car is repo
can my car be repo 38 day's in default?