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If they forclose and you are not out by the deadline whatever is still in it is usually forfeited (generally) but check laws in your state.
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∙ 11y ago
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How does a home get repossessed?
A home can get repossessed in many ways, the most common reason is that they owner of the house has not payed the bank the loan that they took out so as to by the house, or that the person hasn't pay many bills so they take the equivalent of the unpaid bills.
You want your house repossessed?
no i dont think any body would like their house repossessed because that will mean your a tramp, then u will be put in a dangerous place .. :'(
If your car is repossessed can they take your house if you do not pay?
NO, they can "attach" the house so that IF you ever sell it, they will be paid FIRST out of the sale proceeds. READ your contract to see what you agreed to when you borrowed the money.
If you have never had a car repossessed you have had a house repossessed Can I still get a car loan?
Most likely not depending on what financial situation you're in.
What happens if your repossessed house is sold for less than what is owed?
You owe the difference I think.
How do you get your car repossessed?
If you don't pay your car payments, people go to your house and take it away.
What happens if you get your car repossessed?
if i get my car repossessed, can they put a llien on the house?
Does the car dealer have the right to keep a wallet with cash and personal possessions that were in the car when he repossessed it?
No. It is called theft by conversion.
How does a home get repossessed?
A home can get repossessed in many ways, the most common reason is that they owner of the house has not payed the bank the loan that they took out so as to by the house, or that the person hasn't pay many bills so they take the equivalent of the unpaid bills.
Is there a time period in which they have to grant you access to your possessions when your car has been repossessed?
Usually has to be claimed within 30 days of repossession.
You want your house repossessed?
no i dont think any body would like their house repossessed because that will mean your a tramp, then u will be put in a dangerous place .. :'(
Is it illegal for a towing company to charge you a fee for your possessions from a repossessed vehicle stating it is a cleaning fee and storage fee in the state of CA?
Nope.
If your car is repossessed can they take your house if you do not pay?
NO, they can "attach" the house so that IF you ever sell it, they will be paid FIRST out of the sale proceeds. READ your contract to see what you agreed to when you borrowed the money.
If you have never had a car repossessed you have had a house repossessed Can I still get a car loan?
Most likely not depending on what financial situation you're in.
Can they take your house to pay off a lean?
A lean is a deduction on how much you can pocket from the sale of your house or property. Having your house or property repossessed is a different matter. That normally comes from not being able to pay the mortgage.
What happens if a police officer's house is repossessed?
then theyre out of a home
Can my house be repossessed if my husband is madebankrupt but is not on the deeds?
Your husband's name is not on the deed, but is he on the loan? If yes, then it cannot be foreclosed and repossessed if the property is listed on his bankruptcy filing, and, as long as his bankruptcy payments are current. If he defaults on bankruptcy payments, then you can lose the property. If he is not on the loan, then your house can be foreclosed and repossessed.
