You send them a certified letter demanding return of the car within 3 days. If no response, report it stolen.
Return it to the dealer.
Yes, your car can be repossessed if the title loan is in collections. Actually, this is one of the most common ways for a defaulted title loan to be settled.
The one who BORROWED the money and/or the on who COSIGNED the loan.
Yes! It will still be listed on your credit report as a voluntary return and you will still be responsible for the cost
Have the car voluntarily repossessed. Using this option means that you voluntarily return the car to the finance loan company if you are too far behind on your payments and can't recover. If you decide to return the car, the finance company may pick up the vehicle or it may require that you return the car to its location.
The car can be repossessed. The estate is responsible to return the vehicle and resolve the lease or loan.
Return it to the dealer.
You dont they most often get liquidated at dealer only auctions.
IF the loan is perfected, it can be repossessed. If you have signed a loan contract with the vehicle specified as collateral for that loan, it can be reepossessed if the loan is in default.
No. Absolutely not. Your driver's license cannot be suspended for not paying a loan or the balance of a loan, repossessed or not even if you get threats from the loan company.
Yes, your car can be repossessed if the title loan is in collections. Actually, this is one of the most common ways for a defaulted title loan to be settled.
As the primary, you are the first one they go after.
The one who BORROWED the money and/or the on who COSIGNED the loan.
Yes! It will still be listed on your credit report as a voluntary return and you will still be responsible for the cost
Have the car voluntarily repossessed. Using this option means that you voluntarily return the car to the finance loan company if you are too far behind on your payments and can't recover. If you decide to return the car, the finance company may pick up the vehicle or it may require that you return the car to its location.
Repossession would not be the correct procedure to get your car back. You should contact the person to say you are going to call the police if the car is not returned immediately. Then do it. If they are using your car beyond the period of the loan the use is now unauthorized.
To determine how long one will have to be delinquent on a loan before a car is repossessed depends entirely on where the loan was taken from. Different places allow different payback requirements.