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Answered 2005-05-13 19:16:43
They will then sell the car and you will be responsible for the difference in what the car sells for and the balance on the note. Don't let it happen. Contact the lender and work something out.
Related Questions
The only way to hide a car in Georgia if facing being repossessed is by filing chapter 13. If you have filed for chapter 13 it is legally ok to hide your car from being repossessed.
Generally speaking, no.
The local police or the lender can tell you who has the car.
It depends on the reasons the car was repossessed and what the local laws are. If the car is being held as evidence or to be processed for evidence, it can be held as long as it is needed.
The owner of the car (person(s)) who took the loan on the car are responsible
The length of time that a car payment can be late without being repossessed will depend on the bank or car dealers agreements. Payments made after a month may be in jeopardy of being repossessed.
if i get my car repossessed, can they put a llien on the house?
Your car was probably repossessed by the lender who owns the car until you pay for it. Call your lender and they will be able to tell you how to locate your repossessed car.
Not without being a car thief.
No, a car can not be repossessed due to having no registration. A car can be repossessed for non payment. The police can have a car towed to an impound lot if there is no registration.
No, but your car can be repossessed if you don't make the payments.
Contact the lender who repossessed the car. You will have to make up all back payments and pay all fees associated with the actual repossession.
if the car dealership does not pay for the car in full or pay their bills then the car would most likely be repossessed
If the dealer calls you after the car has been repossessed, then you should inform them that you no longer have the car. They can contact the finance company to verify the information.
When a car has been repossessed the person paying the insurance should cancel it.
Just call 720 435 7676
It can be. but generally wont be unless its your first payment.
The car was repossessed one week before being off, now the creitor wants to charge me repossesses fees.
Yes a vehicle can be repossessed if the loan is not being paid on.
The tow/repossession company has to notify the police of the repossession so the car can't be reported stolen..
I wanted to add to my original question...Our car was repossessed by the finance company because they said they found out someone else was using the car because of car payments being sent from a different address. AND, they stated that they wanted to see the condition of the car. I thought a car would only be repossessed if you were late on payments? I have never heard of this, so I don't know what is going on.
If the car is being repoed then you owe something.
No. Your car gets repossessed, it's on you. You don't get to pass that on to someone else.
Your car can be repossessed if you miss one payment. Not likely they would do that but it is possible.
The best way is not to fall behind with your payments.
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