answersLogoWhite

0

Repossession is typically an action that a lender may perform when the individuals/groups that they have money or goods to have not compensated them after a set amount of time. The best places to go for repossession advice would be the local legal authorities, such as the police, or the nearest bank if they are also known to repossess property.

User Avatar

Wiki User

12y ago

What else can I help you with?

Related Questions

Who do you turn to for repossession advice on your home.?

A lawyer...only and always.


Can a repossession man come inside work and harass you?

The repossession man must obey the laws pertaining to the country in which you live. If you need help or advice, contact an attorney (a lawyer).


What is the statute of limitations on getting a judgment against you for a car repossession and how can you find out if it has already been done?

Call a LOCAL attorney for state specific advice. Check at your local courthouse for the judgments records.


What do you do if you have asked the lender to allow you to make partial payments but they refused and are threatening repossession?

You can expect repossession. As for advice: don't keep anything in your car that you don't want to haul out in a garbage bag at 2 AM.


How can you find out if you have a repossession on your vehicle?

miss a couple of car payments and you will find out!


A sample letter of vehicle repossession for the state of Texas Where can you find one?

Sample letter of vehicle repossession for the state of texas


Where can you find a list of aircraft repossession companies?

Try www.aviationassetrecovery.com


How long will a repossession agent search for a vehicle?

Till they find it.


How do you find a lawyer in pa who does repossession cases?

Any collections, debt, or civil law attorney should be able to handle a repossession case. The cheaper route might be to contract a collections agency or a small locale repossession company. You can find these in your local yellow pages under collections agencies.


How does repossession work?

The crux of repossession depends on the contract you took out at first with the other party. My suggestion would to refer to the contract and find any clauses pertaining to repossession. The legality behind repossession is quite complex and difficult to outline and I am not a lawyer to give advice on that matter but can only give suggestions as a public person. For example, if you went into contract to buy a new car and overtime you could not pay the monthly installments then the other contracted party can take court actions through specialized repossession agencies to repossess your car. This may include further charges and expenses the other party can incur upon you on top of what you have in debt with that party. The list is long. Do not quote me as this website is open to international viewers thus each country and legal system may operates differently. It is wise to seek legal advice or talk to someone who has experienced it before.


How long does a creditor have for repossession of vehicle after bankruptcy discharge in OH?

Thats a good question to ask your B/K attorney for state specific advice.


What can you do to stop a repossession?

To stop a repossession, you can first communicate with your lender to discuss your financial situation and explore options such as loan modification or a repayment plan. You may also consider selling the asset voluntarily to pay off the debt. Additionally, seeking legal advice can help you understand your rights and possible defenses against repossession. Lastly, filing for bankruptcy may temporarily halt repossession proceedings, but it's essential to understand the long-term implications.