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If depends on what you do next. (1) Call the bank and work out a the detales like catch up on the payment, pay the repo fees and get your car back. (2) Do nothing, complain to family & freinds while your car goes to auction and gets sold under value, then you find out the contract that you signed spells out that the difference of the sale you still have to pay.
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What property is exempt in NC?
The only things in NC that are exempt from repossession or garnishment are SSI and veterans' benefits. There are limits that they can take from vehicles and properties though.
What are the NC Mobile home repossession laws?
You can claim EIC if you have the filing status 'married filed separately'.
What happens to your license plates after repossession in NY?
what happens to your liscense plates after reposesion in N.Y.
Who is responsible for damage to the yard during a repossession in Florida?
The LIENHOLDER is ultimately responsible for anything that happens during a self help repossession.
What happens after a repossession?
After a repossession, you will need to pay a fine usually. For example, if this was a car being repossessed, you would have to pay a certain amount to get it back.
Does repossession show on your credit report as soon as the car is taken or after it is auctioned?
It can show at any time. A repossession is compleated as soon as the car is picked up so it does not matter what happens after the repossession it still did happen.
What happens when NC and NO contacts not work in electrical panel?
When a NC and NO contacts are not working the NC will not open and the NO will not close.
Do banks typically notify you when they plan on starting the repossession process of a car in NC?
yes. you wil get late notices for your deliquent payments .
What happens if you hide a vehicle from repossession in colorado?
You are guilty of grand theft auto.
What happens if you hide your car from repossession in Iowa?
Eventually you will be court orderded to give up your car, and plus with a repossession, you will ruin your credit report and they will do a wage garnishment eventually.
What happens in a repossessions?
in nc i voluntarily repoed if you call i that because of the bad economy it was either let the vehicle go back or my home now they are going to sell my home to get what is left owed afterauction
What happens to the car after repossession?
The bank sells your car at an auction lot for about half the price you paid for it.
