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What notice is the lender required to provide to the co-buyer in Texas before and after a car is repossessed?
Wiki User
∙ 19y ago
same as provided the buyer...you're equal partners in the deal. When you co-sign for a laon, you assume certain responsibilities to keep an eye on your loan. A prudent person would, dont you think???
Wiki User
∙ 19y ago
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If the cobuyer of a vehicle that was repossessed is going to reclaim the vehicle how does he get a clear Texas title without the other's name on it?
Make the idea known to the lender BEFORE you proceed. get it claer what is to happen.
What type notice is required before a car can be repossessed?
In all but 10 states, NONE AT ALL.
Are attorneys required to provide evidence prior to court?
Attornies are not required to provide evidence before court. Many do to see if they can resolve the case before having to take the matter to court.
Does a creditor have to notify you if repossing a car?
In some states yes. In some state the lender is not required to give any notice at all before or after. In some states, the lender is only required to give you notice after the vehicle has been repossessed.
Must you receive court papers before your car is repossessed?
It depends on the state, but usually it is only required that the lending institution have the papers. In general, you already know when the loan is in default.
Do you have a right to have a repossession letter before my vehicle is repossessed?
no
How long before your vehicle can legally be repossessed?
WE'RE ON OUR WAY!!!!!
In Kentucky how many car payments behind do you have to be before your car is repossessed?
Your car can be repossessed if you miss one payment. Not likely they would do that but it is possible.
What is forfeiting?
It means when you can't pay for something , you surrender it before it is repossessed.
Can a vehicle that is without a lienholder be repossessed by a company before a lien is filed?
No
Can your car be repossessed before being 90 days late?
Yes
Can a car be repossessed if the owner dies before the first payment is due?
The car can be repossessed. The estate is responsible to return the vehicle and resolve the lease or loan.
