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u have no choice now. What state?

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โˆ™ 2006-07-07 09:53:10
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Q: What can you do if your car has been repossessed twice and they want you to pay the entire balance?
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Related questions

How do you regain possession of car that has been repossessed?

Pay the current balance, plus repossession and storage fees.


Are you free and clear of responsibility for your vehicle once it has been repossessed?

Mary, the answer is NO. You will have to pay the balance due after the sale price has been deducted.


Can you be sued for a car that has been repoed?

If your car was repossessed, they will sue you for the difference in what the car sells for and the balance on the loan, plus repossession fees.


Can you reclaim your vehicle after it has been repossessed if you are willing to pay the full balance in Michigan your car was repossessed 2 days ago and Toyota financial is saying that they must auct?

technically, you have 20 business days to pay the balance owed plus all fees that were incurred during repossession.


Can another bank or dealer help to get your car back after the 2nd time?

No, and it is not likely any would if what you are saying is that your vehicle has been repossessed twice.


What do you do once your car has been repossessed?

I have a welding machine on the truck they repossessed can they keep that?


Can you be sued over the balance of a vehicle that has been voluntarily repossessed over three years ago when the repossession is on your credit report?

yes it has a 10 year limit


Will you get sued for the money you still owe after your car is repossessed?

If you don't pay the balance of the loan after repossession, the lender can take you to court for the remaining balance or they can charge it off. Neither is a good thing, so it is best to pay the remaining balance as soon as possible. ___________________________________________________ Most vehicles that have been repossessed are sold at auction. When this occurs, you are responsible for any balance that remains less the monies collected from the sale. If a balance remains and you fail to pay it then the creditor or lending agency can sue for the balance due plus legal fees.


When a car is repossessed what do you do with the insurance?

When a car has been repossessed the person paying the insurance should cancel it.


When an auto has been repossessed and auctioned is the difference owed determined by the payoff amount including repo fees at the time of repossession?

ENTIRE balance Due including interest and fees - sale price. BUT, the lender can take an OFFER. cash works best. LOL bargain, negotiate, wheel and deal. good Luck


What do you do after a car has been repossessed?

Contact your finance company. They will often give you the chance to get the car back if you pay up to date plus impound fees and usually some more towards your balance.


Is a creditor allowed to continue calling debtor after a vehicle has been repossessed but not sold?

Yes. Even after the vehicle is sold, you'll still owe them the remaining balance of what you borrowed, and they'll continue to call.

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