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What do you do if your car has been repossessed and you feel that the payments are currently too expensive for you what steps can you take to have them lowered if you regain possession?
Wiki User
∙ 17y ago
If your car has been repoed you are going to have a very hard time finding any loan company willing to lower your rates.If anything your rates are going to increase assuming you can get a loan.You are better off buying a car outright.
Wiki User
∙ 17y ago
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Can a cosigner have a boat voluntarily repossessed?
NOT unless the payments are delinquent and the cosingnor has POSSESSION of the boat. Call the Lender and work it out.
How can the cosigner of a car immediately have possession of it after it was repossessed by the bank?
When you cosign for anyone you are taking 100% responsibility for the payments on that car. If the person that gets the car doesn't keep their payments up it will be repossessed by the bank with an option for the cosigner to take over payments or sell the car and pay back the loan. Marcy
What steps are involved in reposessing a car?
As soon as a lease expires on a vehicle that you have in your possession or you default on one of your car payments, the owner has the right to have your vehicle repossessed.
Can a car be repossessed if a primary buyer files bankruptcy and the co-buyer has possession of the car but falls behind on payments and the court rules that the vehicle belongs to the lendor?
yes
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.
Can your car be repossessed if you lose your job?
No, but your car can be repossessed if you don't make the payments.
Can TVs be repossessed in Texas?
Yes, TVs can be repossessed in Texas. The television that is purchased on a rent-to-own plan or that is in the process of payments for ownership can be repossessed if those payments are not made in a timely manner.
Can the cosigner who has been making the lease payments have the car repossessed so he can use it?
Don, IF your name is on the title as co-owner, you would just be taking possession of your own car. If its NOT on the title, you cant take possession legally.Why not go to the person in possession and tell them to give up the car??
When is you car repossessed?
When you can't meet the payments.
Car repo in ny?
A car can be repossessed in the state of New York if payments are late or defaulted. The only way to not get a repossessed is to make your payments on time.
Can a computer be repossessed if payments can no longer be made?
Yes it can
Can your vehicle be repossessed for late payments?
Obvious answer, Yes.
