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When the "owner" stops paying for it, the bank will probably call repeatedly and may send something in the mail.
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∙ 12y ago
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If you are a cosigner on a car loan and the bank reposses how long is your credit affected?
Seven years.
Bought a car now told its on finance Am i the legal owner?
you took a loan to finace the car from the dealer- the bank holds the title to your car- you are the owner and respondsilbe to pay the loan or the bank or fiance companmy can reposses your car
Can the car lender reposses the car because of bankruptcy 7?
A creditor cannot reposses a car without BK court approval (i.e. relief from the automatyic stay). However, if you do not keep paying the car loan, a BK will allow a creditor to reposses the car.
Can they reposses your second car for the first defaulted car?
no
How do you reposses a car if you do not know where it is?
You search for it.
How many missed payments can you have in Utah before the bank can reposses your car?
Every financial institution is different. Typically 1 to 3 months.
When a bank repossess someones car?
As long as the bank is listed as the lienholder on the title and as long as you owe them money and haven't paid they can repossess the car.
Can you get ticket in Florida for driving a car with a invalid registration while the bank is trying to reposses it for missing a payment?
You are driving with an invalid registration. That means you can get a ticket.
After 15 days can a company reposses your car?
can a finance company reposses your vehicle if you made your payment on the15 day
How do you reposses a car belonging to you?
Put key in, start car & drive away.
You owe 40000 dollars on a truck you let it go back to the bank can the bank take you to court?
It depends. Did the bank reposses or did you turn the car over in lew of payment(this would have been worked out with the bank)If the bank repo'ed the car, once they have sold the vehicle they could sue you for the the balance owed (subject to state laws that may govern this transaction.)
Can they come onto private property to reposses a car in minnesota?
Yes.
