You contact the LENDER and ask why. Did you have the required ins. coverage? How many payments did you make total? If the car was titled in the father's name it becomes part of his estate. Regardless of who made the loan or insurance payments. The vehicle will be entered into the estate assets/debts acccording to state laws. Any person having claims to assets or a debt owed by the deceased will have to file a claim in the probate court. (Macky..macky83@juno.com)
Depending on how long you have owned the Jeep you have a couple of options. 1. Say you've owned the Jeep for 20 months and have another 40 months to go. You have paid off a certain amount of the vehicle and usually the bank can readjust your loan back to 60 months of payments. This will lower your monthly payment. 2. If you recently bought the Jeep you can tell the bank your situation and they may be able to lower your payments for a determined amount of time.
You can trade the vehicle in - but you would probably not qualify for a loan by yourself with no income.
will primary on a auto loan have right to the vehicle if cosigner has been paying loan for 15 months and has possession of vehicle will primary on a auto loan have right to the vehicle if cosigner has been paying loan for 15 months and has possession of vehicle
The total cost of the vehicle is $15948.00Multiply the number of months by the payment per each month.$332.25/month x 48 months = $15948.00
After a couple of months they can and will
Think about your options. You could try to sell your vehicle, while making your monthly payments until it's sold. If you have recent delinquencies due to your financial situation, then your final option is to call your auto lender or dealership and arrange a return of the vehicle.
I am presently two months in arears in payments to the bank. I am presently looking for work with fairly good prospects How can I prevent reposession of my vehicle which is critical in persuing job search?
You cannot return a vehicle once you've signed the papers and taken the car off the lot. If you are unhappy with the car or can no longer afford payments, then your best option is to sell it person-to-person. If you bought the car new, then chances are you will not get when you owe on the vehicle because it has depreciated so much. You may have to make up the difference to pay off the loan if you sell the car.
It may be. More importantly, do you want your child to be homeless? If you fall far enough behind on the mortgage payments the mortgage company could foreclose ... and then where would your child be? More likely, your state will go to your employer to garnish your wages for the payments to make sure you fulfill the arrearage and stay on time with future payments. Answer these questions for yourself: are your car payments on time? are your rent/mortgage payments on time? have you bought yourself any clothing in the past couple months? have you bought any gifts for others in the past couple months? have you gone out to eat in the past couple months? If your answer to any of these is YES, then tighten your belt, grow up, lose the self-indulgence and act like an adult ... a parent. Short of significant physical injury or illness beyond your control, you will face consequences.
Fix it yourself. You obviously bought it 'as is', so there is no warranty and no guarantees that the vehicle is free from mechanical failures.
I recently bought a vehicle about 6 months ago and the dealership didn't have the title! So I'm just wondering if I could register and tag it without a title!
1 year = 12 months 2 years = 2 x 12 = 24 months. Number of payments in a month = 2 Number of payments in 2 years or 24 months = 2 x 24 =48 payments.