As long as you haven't signed the contract, you will just have to find other financing.
Someone has the car and the finance company has a lien on it. Any sale would have been fraudulent.
who the hell noes that?
You still owe the finance company the balance owed.
It's your obligation to have that paperwork and your obligation to contact the car dealership and/or the credit lender and have them send it to you. If you fall behind on payments, you won't be able to use the excuse that no one sent you paperwork. Call the dealership where you purchased the car, ask for the finance person. The finance person should be able to pull your paperwork and see which company did the financing and give you the number to call. There was obviously an error done somewhere if you have not heard from anyone yet. Call soon before something happens. Call the dealership where you purchased the car, ask for the finance person. The finance person should be able to pull your paperwork and see which company did the financing and give you the number to call. There was obviously an error done somewhere if you have not heard from anyone yet. Call soon before something happens!!!
It belongs to the insurance company
You will still owe the finance company the balance of your finance note. Hopefully you have full coverage insurance. If you do have full coverage, the Comprehensive portion of your policy will generally pay off the finance company up to the insured limits (usually the remaining market value) of your insured auto.
You continue to pay it as normal because your loan is thru a bank not the actual company, if your financing thru there company then you should be going thru a bank now.
If the finance company has sold it, you have you answer. How can you be so stupid?
The finance company will want to be paid in full if they find out it's stolen. The responsibility to satisfy the loan falls on you seeing that you failed to maintain insurance.
Then you're screwed. The tow company put a mechanic's lien on your car, then they auctioned it off to recoup their costs. You're still liable for the payments you owe to the finance company.
Auto dealers would normally offer you a Guaranteed Asset Protection plan attached to your amount of the auto. This GAP is technically insurance of your asset, the car for payment of the remaining amount owed the finance company after the regular insurance pays their amount.
Contact your homeowner's insurance company immediately and notify them of your situation.
It is treated as a voluntary reposession and it still hurts your credit. They will auction the car and you will pay the difference of your loan and the amount they get from auction.
We typically contact our insurance company and report the accident and the circumstances. That way the insurance company can pay the bills for you.Answerthe insurance company raises your rates and pay a deductable
you still need to pay companies or firms that takes over control from the previous company
You have to pay the new company. It's still a debt and as such the debt was sold as an asset of the old company. It would be NICE if you didn't have to pay it, but you do. Yea, wouldn't it be nice if we didn't have to pay after the local finance company sold my note to GMAC?
it is broken, if this happens, contact verison, or sprint, or whatever your phone's company is, you know what i mean.
In order to know the answer to this, you would need to contact a custumer service representative at your insurance company.
You only need to report it if you are expecting some compensation.,
If you haven't already, contact the company that insures the vehicle. There should be a card with the insurance contact info in the glove compartment; you must also contact the "vehicle management", whoever that is, at your company or agency. These things should be done at the time of or immediately after the accident.
There isn't anything you would need to do. You still owe the money and will need to continue paying. A bank or something similar may buy the rest of your loan from the dealership. If that happens it will be their job to notify you.-------------------------------------------------------------------------------------------------It is not usually the dealer which actually provides the finance, it is a finance company that is separate from the car dealer.When you purchase the car and take out finance, the finance company pays the dealer in full what he is owed and you then repay the finance company.If you look at your finance documents closely, they should tell you this.You should therefore continue to pay for your car as you were doing before the dealer went out of business. However, for your own protection make sure that you get a receipt (proof) that you have made each payment. If you are notified in writing to change your payments to a new company do this if the paperwork matches what you had before.If you are in doubt at all, go and see an attorney (lawyer).
Yes to keep your original number you will have contact the phone company.
They usually don't change their mind. What happens is a dealer sales you a car and lets you drive off thinking the purchase is complete when in fact they do not have the financing secured. This happens mainly on weekends and after normal business hour purchases. If they are unable to secure the financing they will want the car back or you to get financing of your own.
It depends on where you are located but in most states it is illegal to onsell a vehicle that is under existing finance - as two people cannot own the same thing. I would contact the dealer and advise them of the situation and simply advise that you are obtaining legal advice - usually that will get the ball rolling. If not then speak to a lawyer and they may be able to point you in the right direction. Just remember that legally the original finance company is the official owner of the car and it is not legally yours - so do not wait - get the ball rolling immediatley.
I recommend you contact your insurance company, and inform them of the recovered goods