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IF you are listed on the TITLE as co-owner, go get it. If you ONLY the co-signor on the loan, tell him to bring to you NOW, boy. Be the tough Momma. You will pay for it if it gets repoed, so got possession now and sell it yourself. You will get MORE for it than the lender will at auction. Good Luck

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โˆ™ 2004-09-24 23:57:08
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What is forfeiture

Which of these is the best description of delinquency

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Q: What are your options in Oregon if you financed a truck for your son and he is not making the payments?
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Who is responsible to repairs to a financed car?

For items covered under warranty, the dealer. For items which are not, the person who is making the payments on the car.

What do you do if you had no insurance on a financed car and it was stolen?

Keep making payments on a car you don't have and learn your lesson about not letting your insurance lapse.

If you fail to complete the deposit for your down payment but are already financed and making car note payments can the car dealer repo your car for the remaining down payment?


If a financed vehicle is contracted with another person who is not making payments can it be repossessed?

If you're asking whether the vehicle can be repossessed for non-payment, it can, regardless of who's supposed to be making payments. Whoever appears on the contract or paperwork for the car is responsible for the payment, regardless of what informal agreements may be in place.

What do you do if you owner financed a home and now the owner is not making payments and the mortgage company is going to foreclose?

You have to make the payment, but you also need to start forclosure yourself. Get the property back and sell it again.

My husband died a month ago and i dont know what to do with the car' s monthly payments it was only on his name?

I imagine that the car is now legally your responsibility. If you stop making payments, the bank that financed its purchase may try to take the car back, and your credit rating might be damaged.

Do you have to have full coverage for gap to pay?

Yes, you do. GAP coverage covers the difference between the value of the car and the amount owed. That means that you are making payments on the car, which is financed, which requires full coverage, insurance wise.

What are your options if your ex-girlfriend has a car you bought together and she is no longer making payments and you are?

!You can take her to civil court and legally get your car placed in your name. As long as you have proof you've made more payments recently then she has. Good luck!

Is it illegal to sell a car when your still making payments on finance?

No its perfectly legal and if you are still making payments on it, that increases values.

Can you sell your dirt bike when you financed it and use the money to bye a boat and keep making the payments?

No, not unless you consult your finance company and arrange for the loan to be paid out upon sale and then apply for a new loan for a boat or whatever it is you want.

If you car is financed and stolen what is the responsibility of the owner with reference to making payments and how is the process handled by the insurance co What if the car is never found?

The insurance company will pay the lender to the policy limits. This payment will only be made if you have theft coverage and not just minimum coverage. I believe you still have to make the payments, although I am not sure.

Can your car be repossessed if it was in an accident and nearly totaled?

If you weren't making your payments yes. It would only be repossessed if you weren't making your payments.

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