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What is your rights if the lender does not notify the police that they are repossessing your car?


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Wiki User
2004-07-01 21:55:14
2004-07-01 21:55:14

Same as if they do. Notification is common curtsey not law. Some jurisdiction have different rquirements, but what can they do if you dont??? Cant outlaw selfhelp repos.

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What are the rights of a lienholder on a car title when it comes to repossion of a vehicle?

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They do not have to notify you. You have no legal rights regarding car.

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what is the police rights? the police rights is to be truth in what are they saying and be honest not getting money in all people

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You have the right to think before you decide to take full responsibility for another person's loan. Did the lender have your current address? Usually, the lender will try to make the co-signer pay if the loan goes into default. However, if the lender didn't have your contact information it could not notify you of the default. You should have been monitoring the repayment of the debt since you guaranteed it. You could consult with an attorney to see if you had any rights that were violated under your state laws. You have the right to think before you decide to take full responsibility for another person's loan. Did the lender have your current address? Usually, the lender will try to make the co-signer pay if the loan goes into default. However, if the lender didn't have your contact information it could not notify you of the default. You should have been monitoring the repayment of the debt since you guaranteed it. You could consult with an attorney to see if you had any rights that were violated under your state laws. You have the right to think before you decide to take full responsibility for another person's loan. Did the lender have your current address? Usually, the lender will try to make the co-signer pay if the loan goes into default. However, if the lender didn't have your contact information it could not notify you of the default. You should have been monitoring the repayment of the debt since you guaranteed it. You could consult with an attorney to see if you had any rights that were violated under your state laws. You have the right to think before you decide to take full responsibility for another person's loan. Did the lender have your current address? Usually, the lender will try to make the co-signer pay if the loan goes into default. However, if the lender didn't have your contact information it could not notify you of the default. You should have been monitoring the repayment of the debt since you guaranteed it. You could consult with an attorney to see if you had any rights that were violated under your state laws.

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Contact the attorney general or check their web site for the consumer's rights in your state. Give the lender a copy. Notify the attorney general of their activities. Make it clear to the lender that he is giving up his right to collect the debt when he breaks the law. That will get his attention. Many loans have a three day right of recision (you can back out within three days). If it is required for your loan and you didn't get it, the lender is sort of screwed.


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