If i have a vehicle repossessed in the state of texas, is there anything that requires me to pay off balance after vehicle is sold at auction?
thirty minnuts after the repossession of the car.
No. Mandatory auto insurance is a state law in Texas.
A written note
Under Texas law, a vehicle may be repossessed even if payment was only late for 10 days. This means that is payment was due on the first day of the month, and payment has not been settled on the tenth, then, vehicle will be repossessed on the eleventh.
Yes, Safe Auto supplies insurance in Texas and their insurance adheres to Texas minimum insurance requirements and reports to the TexasSure Vehicle Identification System weekly
Wether it has insurance or not is a moot point. The vehicle is generally part of the estate and is inherited by someone.
The answer is yes, if the creditor brings you to court on the matter.
I need SR22 Insurance for a prospective employer. I don't have a vehicle in my name but need this insurance.
Is driving without insurance
The car can only be repossessed from a locked garage if the car is spotted in the garage from a window or a crack, but the repo company cannot enter the garage if the car was not visibly spotted.