What happens if you have not paid your car payment in over a year and no one has repossessed it?
This just means they have not found it yet. They can pick it up and, they can take you to court and you will have to pay the amount owed plus court fees and fines for hiding the vehicle. If that's the case.
Can you sue for wrongful repossession of a vehicle when loan was paid in full over a month and a half ago?
Can a vehicle be repossessed if you allowed a military person to take over vehicle payments and he has not paid anything?
How can you get your car back if you paid the car loan off but haven't paid the interest that occured over the years off and they still came and repossessed your car?
Depending on the circumstances, your credit worthiness could be reduced drastically to the point where you may be denied any kind of loan at any percentage rate. Your credit rating will remain affected by this repossession anywhere for the next 7 to 15 years. It only takes one single missed payment to totally screw up one's credit rating, even if you have faithfully paid everything on time for the last 45 years and never missed…
In most cases, states will give you a "credit" on your child support obligation based on the over-paid amount. This will reduce or even eliminate your monthly child support payment until the credit has been used up. Very few states will issue a cash refund for the over-paid amount unless the child is approaching the age of majority.
YES I guess I phrased the question badly.. The car dealer repossesed the car (illegaly, because he gave no notification), and threatened to keep the car and all the money that had been paid. He wouldn't work out any new terms before that. And he would not accept full payment of the car on the date the final payment had to be made. He will very soon be put out of business.
If creditor has threatened to repossess if a certain amount is not paid and you have paid partial can the vehicle still be repossessed?
How do I get my car back that I sold to a friend and they have not paid the agreed monthly payment. they havent paid any payments in 3 months.?
If You Have Had Your Loan Turned Over To A Collection Agency Then Your Payment Will Have To Be Paid To The Agency. Until An Agreement Is Reached By Both Parties. Or The Loan Is Paid Off. If This Has Not Happened, Set Down And Read Your Loan Contract. Then If In Doubt, Take This To Your County Attorney.
Yes, the owners can sign over the title. The lien must be paid off with proof of payment suitable for filing at the Department of Motor Vehicles in order to clear the title. Yes, the owners can sign over the title. The lien must be paid off with proof of payment suitable for filing at the Department of Motor Vehicles in order to clear the title. Yes, the owners can sign over the title. The…
No, you don 't have to have a balance in your PayPal account. If you have added your bank (or checking) account details and/or your card details to your PayPal account, you can make an "instant payment" for an item that you buy from eBay. With an "instant payment" money is automatically taken from your bank or card, paid into your PayPal account and then paid out immediately to the seller. All of this happens…
Can a vehicle be repossessed in the commonwealth of Virginia without any type of written or verbal notification because you are one payment behind on a note you've paid 45 of the total 50 payments?
You paid 11.75 over the regular price of 470 for a stereo system because of financing them for 2 months What was the annualized rate of interest you paid for the stereo?
After you buy a repossessed car does it stay marked as repossessed as long as it is driven even though it is paid off?
You bought a car for a friend that signed a pmt agreement You repossessed the car from the individual for non-payment The individual got a payday loan against the title Who owes that money?
If a parent cosigns a loan that goes into default and the loan is paid in full what happens to the default status on the credit report can it be removed?
Can your vehicle be repossessed after the loan and security agreement has expired but you still owe a considerable sum?
What happens if your car is totaled and you are paid up on your insurance but not on your car loan will it be repossessed?
The insurance company would not be interested in repossessing a car that has been completely demolished. The insurance company will pay over any damages to the loan company since it has a lien on the car. You would receive any amount remaining after payment of the car loan. On the other hand, you will be responsible for any remaining balance owed on the car loan. That is why "gap insurance" is important for a financed…