What if a vehicle payment is not missed and the owner repossess it?
If you have never been delinquent or defaulted on your vehicle loan, and it is repossessed, it may have been wrongfully repossessed. It must be returned to you, at no cost to you, ASAP.
It is not uncommon for this to occur. So many similar and like vehicles are out there and VIN numbers can be so close that confusion occurs. More often than not it is a simple mistake. Go ahead and ask the lender for a concession due to the inconvience it has caused you. They may give you nothing, but if you are friendly and understanding, they very well may.
If primary owner and cosigner have both their names on the title and primary doesn't pay the payments can you repossess the vehicle The title says or on it.?
Can the co-owner of a vehicle repossess it from the other co-owner who has always had possession of the vehicle without the permission of the lender and the payments are up to date?
can someone other than the owner of a car reposess a leased car from you. if the contract does not show a payment due date?
The leasing agreement shows the payment terms, including the amount and due date. The lease should also have language pertaining to repossession. The owner of the car has to file a request to get permission to repossess the car and, once permission is granted, can engage the services of a repo agent. When the request to repossess is made to the court, the owner or leasing agent must show that payments are in arrears.
Can a co-signer take the vehicle away from the primary buyer even if they have not missed a payment?
Of course not. The car belongs to the person listed on the title and to the lender who holds lien rights, and not to you. You own nothing here. The only interest you have in this vehicle is that you have guaranteed to pay the loan if the primary owner does not. They are making payments, so what is your problem? You have no rights to the vehicle at all. If you were to take…
In Colorado can you repossess a car from an ex if you financed it in your name but he has been paying as agreed?
If a WV car dealer replaces a car transmission and the car owner takes the car and stops payment on the check is it legal for the car dealer to repossess the car for non payment of services rendered?
Not sure how the laws of WV differ from here in NC, but I can tell you that a mechanic can legally keep your vehicle until you pay for the repairs this is referred to as a mechanics lien. You have a certain amount of time to pay for the repairs plus storage if they choose to charge for storage. If after the time limit is up the vehicle owner still has not made the…
If the owner had a lean on the vehicle it can't legally be transferred from his name, so technically you should still be able (with rep papers of course) to collect the vehicle from the estate or a family member who may have it stored from his death. Be very courteous however because they may become violent as you will upset them in remembering their deceased relative.