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Paying the amount owed to the lender plus any fees or penalties, in order to retain ownership of the vehicle.
Wiki User
∙ 18y ago
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Can putting a For Sale sign on a vehicle that is in the process of being repossessed stop the repossession?
Sorry, NO. Might make it easier to find tho. You will get the sign back when you redeem your PP. Or redeem the car.
Will you be notified where the auction of your repossessed vehicle takes place?
likely NOT. TFC uses a wholesale auction and you wont get in. If you want to redeem your vehicle just pay it off.
If you repossess your car do you have to continue insurance coverage on that vehicle?
I take it you mean, if your car IS repossessed. In that case, IF you dont plan to redeem it, NO. NO car, NO insurance. Once the lender repos the car, they are responsible for the insurance coverage.
How long do you have to pay the due balance redeem from repo vehicle in va?
The sooner the better so that you can get this fiasco behind you.
What does redeem mean?
To redeem means to make something that is bad more acceptable. "She wanted to redeem herself after getting in trouble." It can also mean to exchange something for money or reward. "He redeemed his winning lottery ticket for $100."
Where can you redeem Kraft proof of purchases?
i have like hundreds of points you mean to tell me i cannot redeem them at all now what what a rip off
What does a vehicle DIN mean?
if you mean vehicle vin, the vin is short for vehicle identification number.
Where can you get the new nan's on fusion fall?
You mean nano's? Well if you do, you type in the code for any of them in the redeem code box and then like the other redeem code stuff the nano will appear in your inventory.
What does the root word veh mean?
Veh and Vect mean "to carry". An example would be vehicle.
What does redeemable only at petsmart mean?
You can only go redeem it at petsmart you cant redeem it at any other store like old navy or Wal-mart you can only take it to petsmart to use it.
Can you get auto insurance if the auto is in a collection agency?
If you are planning on getting the vehicle back and reaffirming your finance note then "Yes". You can buy insurance for it. You will probably be required to do so in order to get it back from the collection agent. If you are not planning to redeem the vehicle then you are considered to have surrendered the vehicle, You no longer have a financial interest in the vehicle and therefore can not legally insure it
Can you keep a vehicle after filing chapter 7 if they have not repossessed it?
You can only keep the vehicle under two circumstances: (1) sign a reaffirmation agreement and keep making payments; or (2) redeem the vehicle by paying of the balalnce. If you fail to do either, they lender can get permission from the bankruptcy court to repossess the vehicle. In some states, such as Missouri, you may keep the vehicle if you continue to pay on it.
