What happens if you are no longer in possession of the car that is being repossessed?
YOU are responsible for the car to the loan is payed off. The more it sells far after repo, the less you will have to pay later. get the car back, clean it up, and give it to the lender. WHY??? Folks who drive cars that don't cost them anything usually don't take care of them and the car isn't worth much when it gets to the auction. Basically you are GIVING them money that YOU will have to pay back. Its NOT good.
What happens to an unpaid parking ticket when the car is being repossessed in Miami and the plate no longer exists?
Can you take possession of the car if the borrower stops making payments even though they have been paying for a year?
I can can be legally repossessed no matter where it goes in the USA. As long as the repossessor can find the car and identify it as the one to be repossessed. It may not be cost effective if it is a long distance unless the vehicle is of greater value than the cost of returning it and paying someone to do that. They can also wait until you return.
Your car was repossessed after being six months behind and then you get a call from the car dealer after two years trying to repossess the car are you still liable?
If you bought a computer with a card credit that was included in a bankruptcy but not reaffirmed will they really repossess the computer if you can no longer pay?
What usually happens is the person pays the depreciated value of the item rather than it being repossessed. Some merchants are adamant about the repossession of furniture, electronics and so forth and will not negotiate with the consumer. Sears is one of the more aggressive ones and of course all of the "rent to own" businesses.
What are your rights when it comes to a car that just has a payment for half of the remainder owed and the private party it was being bought from has repossessed it for personal reason?
If the repossession occurred in a state that does not permit self-help repossession, report the car stolen; it cannot be legally repossessed. Louisiana and Wisconsin are two of these states. If you can show legal possession of the vehicle, and on time payment, report the car stolen. It cannot be legally repossessed in any state unless the debt is delinquent. If you do not wish to involve LEO's immediately, contact the private party who "repossessed"…
What happens if you do not voluntarily surrender the vehicle and you continue to hide the vehicle from being repossessed?
The lien holder can either take you to court, or the repo agency will just keep on you... if you're hiding the vehicle, it's doubtful you want to go through all the hassle just to leave it sitting idly, so you'll probably drive it somewhere at some point. If it's a high enough value vehicle, oh yeah, they'll stay on you, and the moment you leave it unoccupied in order to run into a store…
When your vehicle is in the process of being repossessed, the bank is starting the process of taking back ownership. If you have not maintained continuous insurance coverage on your vehicle, chances are the bank will force place insurance which will add to your loan balance. If you are anticipating repossession, keep insurance on the vehicle until the vehicle is claimed. If you intend to discuss payment arrangements to get your vehicle back, you must…
Being an evil person is being a sinful person and letting Satan influence your life. This is the most common problem. Being demon possessed is that Satan (his demons) have actually taken possession of not only your body, but also your mind and soul. Is there an escape from demon possession? In the bible many people were rescued from demon possession and today the same can be accomplished by a qualified person.
Can a repo company enter a gated condo community and take possession of a vehicle without getting permission from the right person?
The only person it affects is the person the item is being repossessed from. Unless, one of the family members is a co-signer on a loan of the repossessed item. Then, they can bear the responsibility of repaying the loan and it will show on their credit report as well. I'm not aware of what is being repossessed, but the implications of repossessions may affect others...just not financially, unless taxes are involved (like a home).
What happens if someone get caught with a gun and they are on prole in Colorado and has a disability?
The dealership is not involved unless the vehicle is leased. If the dealership has repossessed a leased vehicle, it is gone; you will not get it back. If the vehicle was being purchased by loan and the lender has repossessed it, you may get it back, but you have to balance what you would owe against what you do owe. To recover a repossessed vehicle, you may have to pay the following fees: * Past…
A possession offense is usually being charged of possessing something illegal in the country you are being charged such as drugs, or paraphernalia (property/images etc...) depending on what the possession is and the amount of what ever it is you are charged with possessing it can be a minor or a federal offense. Possession with intent to distribute can in some places earn you a life sentence or a sentence of death (ex: Thailand).
Depending on your state law, there are many solutions to your car being repossessed. In all cases, information must give you information about what will happen to the vehicle. 1) Your state may give you the option to take possession back of your vehicle. Some states give you an allotted time to pay the amount defaulted on your loan plus fees associated with the repossession. 2) They can opt to sell your vehicle. You will…