Most generally the agent must not breach the peace. There are specific laws pertaining to repossession agencies that are different in different states. However, for the most part, as long as the peace is maintained, and it is a self-help state, there is nothing more the agent must do.
House repossession refers to the process by which a financial organization takes ownership of the house as collateral due to failed payments or inability to pay.
Can it? Yes, by the lender in some case. If the debtor is actively attempting to hinder repossession in many states, or if the vehicle is in possession of a third party who is not on the loan or vehicle registration, then a repossession agent may file a stolen vehicle report. Most will not, preferring to allow the lender to take such action instead.Can it be reported stolen by the debtor once repossession takes place? Often vehicles are reported stolen after repossession happens. However, this is a cautious area. Most debtors already know the vehicle is being sought, and law enforcement takes a dim view of filing false or malicious reports.
it is when you have to say something to others :)
Real property tax liens(s), followed by the holder of the oldest recorded lien.
YES< YES <YES. IF you work hard enough at resoring it. It will NOT do it by inself, it takes effort on your part. It is definitely not impossible. Many have overcome repos, charge offs ect. and gotten back their GOOD credit. good Luck
Basically, it means last chance to pay before repossession takes place. The procedure for repossession is in progress.
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I am a repossession agent in Virginia it takes 2-3 months of not paying before the repossession status occurs.AnswerI am a repossession agent in Virginia it takes 1 missed payment then repossession status occurs.
The repossession process of a car usually takes about 6 months
The book takes place in Boulder, Colorado.
The book "Rules" by Cynthia Lord takes place in modern times, specifically in the early 2000s.
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No, the word 'followed' is a verb; the past participle, past tense of the verb to follow. The past participle of the verb also functions as an adjective.A pronoun is a word that takes the place of a noun in a sentence.Examples:Jim followed the dump truck until it turned off the highway.The word 'followed' is a verb, what Jim did.The pronoun 'it' takes the place of the noun 'truck' in the second part of the sentence.Jim has a well followed website which hewrites himself.The word 'followed' is an adjective describing the noun 'website'.The pronoun 'he' takes the place of the noun 'Jim' in the second part of the sentence.
money back
House repossession refers to the process by which a financial organization takes ownership of the house as collateral due to failed payments or inability to pay.
Yes, the bank must tell you that your vehicle is being repossessed. The bank will usually try to reconcile the debt before the repossession takes place.
Repossession is when something is returned to its original owner. An example would be when a car payment is not made, and the owner of the car's title repossesses (takes back) the car.