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When the buyer of a car that was sold without a written contract stops making payments can the car be repossessed if the title is still in the seller's name?
Wiki User
∙ 17y ago
I believe whoever has the title or if the title is still in your name, then yes you may take the car back. You may want to ask for sheriff back-up if there are any problems. Or just key the ignition and take-off, if you can. Some state laws may differ.
Wiki User
∙ 17y ago
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Could a vehicle be repossessed without a written contract?
potentially, yes; consult a lawyer
If a contract was signed in Chicago IL can the car be repossessed in any state?
Yes, your car can be repossessed in any state if your contract was signed in Chicago. You can not move to a different state and keep your car without paying for it.
Can a car creditor who repossessed a car take money out of your bank without permission?
No one can take money out of your account without a court order. The exception being payments to the bank itself for administration purposes or penalties. These, however, would be set out in the initial contract.
Will your car still be repossessed if you are late two or three payments but pay up to date after you get the default letter?
Read that letter carefully. The one that I am most familiar with clearly states that you have 20 days to make any past due payments and if they are paid you may continue with the original contract, BUT if you become delinquent again, they may exercise their rights without giving you any additional notice. That means from now on you had better not miss any payments, not even by one day, or your car could be repossessed.
In S.C. what is the length of time without a payment can a car be repossessed?
The time your contract says. If once a week or once a month. Read the contract or bend over.
Can a car be repossessed in California without a lien being placed on the title?
IF the loan is perfected, it can be repossessed. If you have signed a loan contract with the vehicle specified as collateral for that loan, it can be reepossessed if the loan is in default.
Car was repossessed with no letter of intent sent no notice of actionwas law violated?
Your car can be repossessed at any time without any warning if you aren't making your payments. It is probably in your paperwork in the fine print what happens when you don't make your payment.
How many days late on car payment before it can be repo?
The length of time that a car payment can be late without being repossessed will depend on the bank or car dealers agreements. Payments made after a month may be in jeopardy of being repossessed.
Can a horse trailer bought on contract between private parties in Texas be repossessed without using court procedure when the payments have not been made for three weeks.?
Only if there is a "Right To Repossess" document or a contract that states a "time sensitive" payment schedule. Without either, repossession is next to impossible without a Civil Court hearing! Y-THINK-Y * Yes, Texas Business and Commerce Code Right To Possession Without Breach of Peace using non-judicial means, (Chapter 9, Section 9.503).
If you live in Virginia and you are behind on your car payments can the car be repossessed without any type of court order?
YES, very much so. If you cant get out of default, get your stuff out of the car.
Can your car be repossessed if there is not a lien on your car you were not behind on your payments?
If you have no lien on your vehicle then no one has a legal right to repossess it. If you're not behind on the payments there would be no reason for the lender to reprocess the car in the first place. It is hard to believe you have a loan on a car without a lien. The car stands behind the loan. If there's no lien on the vehicle then the car is not involved in the loan and cannot be repossessed.
Is a cosigner liable for the balance of a repossessed vehicle if the loan company auctioned it without notifying them?
READ your contract you signed. Call a local attorney for state specific legal advice.
