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Answered 2005-04-08 15:01:22

Same as any other repossession, CALL the LENDER. Work something out.


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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.

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.

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.

You will have to have insurance on the vehicle to drive in Texas any way you go about it. Texas is a state that has mandatory insurance coverage. The owner of the vehicle needs to add you as a driver and give them your license information. Most insurance companies do not charge anyone additional premium for a person with a learners permit. I assume your laws are that you can only drive with a licensed driver in the vehicle whenever you drive.

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.

garnished wages in Texasno the state of Texas does not garnish wages for no debts unless it is IRS related or student loans or anything dealing with government loans.

In most instances when you get behind on your payments. The exact details of when the lender will repossess the vehicle is listed in the contract you signed when you took out the loan on the vehicle. Read your contract with the lender.

Same as if you werent on disability. Read your contract. Did it mention disability insurance?

Yes they can repo if they catch the insurance lapse. Most financed vehicles have a Full Coverage clause that you signed and agreed to when you contracted to finance the vehicle.

Insurance is mandatory for all drivers in Texas. Student drivers may be insured on their parent's policy, but this is not always so. If you are stopped and do not have insurance, you may be fined, have your license suspended, or have your vehicle seized.

Alliance Insurance is a company based in Texas, in the United States of America. Alliance deals with business, personal, and vehicle insurance. Alliance was founded in 1924.

In Texas, Yes, It will cost more for Insurance for a new driver whether or not he is the registered owner of a vehicle.

Texas has specific car insurance laws that every driver in Texas must follow. Texas car insurance laws require drivers to maintain liability insurance, at the very least. Liability insurance pays for damages to another car if you are involved in an accident. Liability insurance does not pay for damage to your car or for injuries you sustained during an accident. Some automotive finance companies require vehicle owners to obtain full coverage insurance, which covers damage to other vehicles and damage to your vehicle.Minimum Amount of Coverage in TexasTexas car insurance laws require that you have the ability to pay for accidents that you have caused. Texas drivers must carry insurance that covers a minimum of $30,000 per person injured, up to $60,000 per accident and $25,000 for property damage. Drivers must carry a proof of insurance card in their vehicles, which must be presented when pulled over by a law enforcement officer. Drivers must also present insurance to renew an existing car or register a new car and to receive a car inspection.Failing to Comply with Insurance LawsThe penalties for failing to comply with Texas car insurance laws are severe. Drivers who do not carry the appropriate amount of insurance may receive a ticket ranging from $175 to $350. Drivers who are convicted multiple times may receive fines from $350 to $1,000 and a suspension of their Texas driver license.Car Insurance VerificationTexas has implemented a car insurance verification system called TexasSure that allows authorized state employees and vehicle inspectors to verify if a car has the appropriate automotive insurance. For example, a police officer can electronically confirm if a driver has insurance during a traffic stop. This prevents drivers from getting away with insurance cards with valid dates, even though the insurance policy has expired.Finding Car InsuranceTexas drivers have a variety of options when looking for car insurance. Drivers can choose from national insurance companies or local agencies. Texas does not require drivers to select a certain company as long the minimum amount of coverage comes with the policy. Drivers should research insurance companies to determine which ones offer the best customer service and claim assistance. The website for Texas Department of Insurance allows you to compare insurance prices of a variety of notable insurance companies.

Non owners Insurance, More aptly named "Drivers Insurance" is for people who occasionally drive but do not own a vehicle. Coverage is Personal Lines, Secondary and is applicable only to unplanned, unexpected usage of a motor vehicle. Happy Motoring

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