When a car gets repossessed can they keep the personal property that was in the car?
If you take your personal property before the vehicle is picked up, you can keep it. If you voluntarily turn in the vehicle you get to keep anything you want. If they have to hunt it down and tow it off, you're just out of luck. They'll throw away anything that was in it and if someone picks it up, it's theirs.
This is not true.. The creditor must account for all personal belongings found in a repossessed car.. The below answer came from the following site... http://www.fair-debt-collection.com/searches/repossession.html
"What happens to personal property left in my car?
Personal property does not apply to improvements made to the car, such as a CD Player, stereo or luggage rack. It only applies to items not connected to the vehicle. The creditor or whoever repossessed the car CANNOT keep or sell any personal property found inside. If the creditor or whoever repossessed the car cannot account for personal property left in the vehicle, you may be entitled to compensation and should consult with an attorney"
After your vehicle has been repossessed, the repossessing company must contact you (often via the creditor) to notify you where your personal property can be recovered. Repossession agents are required to keep the property for thirty days to allow you to recover it, but they will charge you a storage fee, and pretty much every one will require that fee be paid before they surrender your personal property. Regarding an agent of yours being permitted…
A creditor may not keep or sell any personal property found insidetje car. This does not include most improvements made to the car, such as a stereo or luggage rack. If your creditor cannot account for valuable articles left in your car, you may be entitled to compensation and you should consult with an attorney. IN Georgia you have 30 days to remove any personal property Left in a repo.
Let's clarify what is personal property: any property that you own that is not real estate property, such as your personal belongings, car, pets, etc.; now, in the Landlord/Tenant court, your landlord may keep or put out your personal property to the curb once he evicts you from the unit, depending on the state you live in, and whether you owe him back rent.
You are entitled to remove any property from a repossessed property, be that home, car, truck, or other property. Keep in mind, though, that any damage done will have to repaired and that cost can be passed on to you. If you added the cabinets after you moved in, remove them, but do so in such a way that no damage is done.
Is the customer entitled to items that are left inside or outside of a car after the car has been repossessed?
Check state law, but here in Florida a company may repossess your vehicle but not keep any personal items belonging to you. They are entitled only to that property which is considered theirs due to lack of payment on the buyer's part. Keeping your personal items and refusing to give them back is considered theft. Only if they are not attached to the vehicle.
How can the cosigner of a car immediately have possession of it after it was repossessed by the bank?
contact the lender and ask for the telephone number of the repossessing agency. Contact the agency and ask to make arrangements to secure your personal belongings. Keep in mind that there may be a fee assessed to you that must be paid before your property will be released. Ask at the time of your call what this fee is, how much you owe, and the per day rate.
Is it against the law to keep a person's personal property after first inviting them to live at your home then forcing the person to leave your home?
You get to keep all of the contents which do not fall into what is commonly known as "fixtures." Furniture, furnishings and personal property are not fixtures, therefore you may keep them. Anything which is affixed to the house itself stays. Things like chandeliers, ceiling fans and wall-to-wall carpeting are part of the house and should stay; although frequently, many people remove items like that as they leave and nothing is really done by the…
If all of the decedent's descendants are also descendants of the surviving spouse, then the surviving spouse gets everything. If not, then the surviving spouse gets to keep her half of the community property and also gets a life estate in one-third of the decedent's separate real property and 1/3 of the decedent's separate personal property (which includes cash). The surviving spouse also gets the right to live in the homestead for however long she…
What can you do when a repossession company will not return your personal belongings unless you pay a charge and will the police help you in getting your things back?
It depends on which state you live in, so check the law. In Florida, anything inside a towed or repossessed car is still the property of the owner. The repo company may have a right to take back what property they own by default (in this case, you car for non-payment); however, they have no legal right to keep your other property or charge you for its return. That is considered theft. You can call…
They cannot hold your personal belongings. They might have a time frame of when they have to get it to you though. When a car is repossessed it is brought to the repo yard and then inventoried for belongings. There are usally several hundred cars at any given moment in a repo yard. All vehicles must be inventoried.
If an insurer pays for the total loss of personal property, including a car, it usually becomes the owner of the property as part of the resolution of the claim. The property is then sold so that the insurer may recoup some of its loss. There are some entities, such as scrap metal companies that deal in that kind of property. Under some circumstances, the insured wishes to keep the property. That can usually be…
Your daughters childrens car seats were in a car that was repossessed The car was not hers can they keep her car seats The local and State police will not let her file a stolen property report?
She needs to check with whomever the car belongs to and have them contact whoever the leinholder to the car is (bank, finance company etc.). Most of them will tell you where the car is and give you a number to contact them. They probably will charge a fee to get any personal items out of the car. The police can't help becasue the car was repossed, and you know that so the property isn't…
Can a person literally file for chapter 13 protection and then never follow through without consequence in other words file to get his property back and then not follow through without consequece?
In the state of Colorado if a vehicle is repossessed do the personal items in this vehicle have to be returned?
As soon as your vehicle is delivered tot he storage lot, it is typically inventoried. That is all personal items are listed and placed in storage. Upon your request, these items will be returned to you. Keep in mind thought that you may be required to pay storage for these items before they will be returned.
How does a tenant retrieve personal property if the landlord has changed the locks after an eviction?
The laws governing property differ from place to place. However there is some things that you can do regardless of where you live. Make a list of the items involved. Make efforts to contact the owner of the property in writing by mail, e-mail, or text and keep copies of your communication. Make at least three attempts to contact. If you don't hear from her in two to three months, dispose of the goods but…
A debtor surrenders or forfeits any non-exempt assets: These assets are usually in the form of personal belongings or property and are treated differently from state to state. In most states, filers can keep most personal items and household goods, while property exemptions vary. Absent the ability of the debtor to maintain payment in full on real property assets, these assets are usually forfeited.
Banks often keep repossessed vehicles in their parking garages. or in an appropriate storage area a reasonable distance from the bank. Walk into the bank and ask for the person in-charge of repossessed vehicles. Once onto the right department, state that you wish to purchase a particular repossessed vehicle when the title has cleared with the bank...and don't be intimidated into thinking you can't bargain, you can. Good luck.