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What else can I help you with?
What are the FHA auto repossession guidelines?
The FHA does not have specific guidelines for auto repossession. Auto repossession is typically governed by state laws and the terms of the loan agreement between the borrower and the lender. It is important to review the terms of the loan agreement and consult with legal counsel if facing auto repossession.
Do you receive notification before auto repossession?
You will receive notices that your payments have not been received, making your auto subject to repossession, but you will not receive a date and time of the repossession.
Can you have your auto repossessed from your son?
A family relationship does not change contract law. If your contract allows for repossession when the buyer is in default, and your buyer is in default, then yes. If you do not have a contract then I would suggest you contact a local attorney who can guide you according to local law for non-contract debts.
Can a vehicle be reposessed for no insurance coverage?
Yes, Almost every Auto finance contract requires the buyer to carry Full coverage auto insurance for the term of the finance note. Failure to company with the terms of the finance contract you signed is a default on the part of the buyer and subjects the vehicle to repossession and other remedies at the disposal of the finance company.
Is there an Auto Repossession Statute of Limitation in Mississippi?
As far as I know there is no statute of limitation on auto repossession in any state. Check with your state Attorney General to be sure. I will post a link for you to read. Repossession should be your last resort. Hiding a vehicle from repossession is a crime in some states. The consequences of repossession are always bad for you.
Can the auto repossession people come to your job?
Yes.
What can be done to stop auto repossion?
in the process of repossession?
Can Virginia garnish your wages for an auto repossession?
Your wages can be garnished for an auto repossession if there is a court order. All wage garnishment's must be obtained from the county court of your residence.
Can you go to jail if you have auto repossession?
yes，you may be catched by cops.
What does i8 rating on credit bureau mean?
i = installment loan. 8 = repossession. i8 = repossession of an installment loan (like an auto loan).
Can a primary buyer have a co buyer removed from an auto loan if the co buyer was never needed to get the loan?
That will be up to the LENDER.
Can an auto lender use an investigator for repossession?
Yes, an auto lender can use an investigator for repossession. This is often done to locate the vehicle and ensure that the repossession is conducted legally and safely. Investigators can help gather information about the borrower's whereabouts and the vehicle's location, which can streamline the repossession process while adhering to relevant laws and regulations. However, the lender must still comply with state laws regarding repossession practices.
