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2008-12-16 22:36:10
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Q: Once the loan goes to the repossession department how long do you have before they take the car?
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Is it still considered repossession if you willing give the bank the keys to your property before it goes into foreclosure?

Yes, a voluntary foreclosure (deed in lieu of such) is a foreclosure just as a voluntary repossession of a vehicle is a repossession. All the same penalties/fees, recovery of debt laws apply and the information entered on the debtor's credit report will be as a foreclosure regardless of the circumstances involved.


If your car has your mothers and your name on the title but she is deceased how does this affect you if it is repossessed?

Goes on your credit as a repossession.


Can repossession happen for being 10 days late on a payment?

Repossession can happen any time after a payment goes late; it all depends what the initial contract states.


What is the function of expiration date?

Normally once the date expires, it takes about a week before it goes bad.


Do they garnish your check after a reposession?

They will only if the remaining balance after the repossession and auction goes to litigation and the judge orders the garnishment of wages.


Where does a state bill go once passed by the house?

It goes to the senate. If there are any differences in the house and senate version they are worked out in committee before the bill goes to the governor.


Who decides who goes on the US currency?

Department of Treasury


Can wages be garnished for auto repossession in MD?

if your car is repossesed than it just goes ony our credit your wages wont be withheld


What happens to the deficiency of a repossession after chapter 7 bankruptcy is discharged?

IF you list it on the B/K. it goes away, you dont owe it anymore.


How long is it before a dog has her first puppy?

you know once she goes into heat, then you wait about six weeks and then she should have her baby


Role of accounting department?

The role of the accounting department is very important because they document the money that goes out and the money that goes in. They also handle payroll and tax deductions.


What goes in to 3.35?

3.35 goes into 3.35, once.

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