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The one in POSSESSION is responsible.

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โˆ™ 2005-01-15 19:47:56
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Q: Who is responsible for damage done to a car that was repossessed after all past due money and late charges were paid and the account was current?
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Related Questions

Can you get your car back if it was repossessed while the check was in the mail?

If you get the account current. Call the lender and ask. They will be the final answer on the subject.

If your car is about to be repossessed is it too late to make your account current with the creditors?

No, it is probably not too late. It certainly will help your credit either way. Call them immediately. Do not allow it to be repossessed if at all possible.

Current account Demand draft charges in icici bank?

minimum Rs.20000/- charges dd commission Rs.39

What are the disadvantages of a current account?

There are a couple different disadvantages of using a current account. They include the fact that some banks will impose service charges on them, and the fact that they do not earn interest on money in one.

Will your car be repossessed if the registration is not current?

yes it will.

Who can open a current account?

Anyone who is running a business or wishes to open an account that would involve high number of transactions can open a current account. Current Accounts usually involve higher charges & fees because of the extra services you receive. Those services are usually not available for regular savings account. Also, the money in your checking account does not earn any interest.

What part of an atom is responsible for electric charges and currents?

In a broad sense, the protons in the nucleus of an atom and the electrons in their orbitals about it are all electric charges. The electromagnetic attraction of the different (opposite) charges keeps the atom together. But it is the electrons that are responsible for what we normally consider electric current. Electric current, though it is the movement of any charge or charges, is generally considered to be the movement of electrons, and it is these moving electrons that give rise to the electricity we use every day.

If your car is repossessed are you entitled to the right to bring your past due current?

Most lienholders will allow you to bring your account current and get your vehicle back - but only after you pay the fee for the repossession and you may also have to pay the repossession company for storage.

The opposite direction of conventional current?

"Conventional current" is the equivalent current of (usually) ficticious positive charges. If the electron current (negative charges) goes in one direction, the conventional current (of positive charges) goes in the opposite direction.

What is a current accout?

a current account is an account you have now.

What is a current account deficit?

current account deficit

Which is more useful static or current electricity?

It is current. Because current electricity has moving charges while static electricity has stationary charges.

What is the difference between A current account and a cheque account?

what is difference between a current account and a cheque account

What type of fields are created by an arrangement of electric charges or a current?

Magnetic fields can be created by charges or the flow of current.

What is a current consisting of charges that flow only in one direction called?

A Direct Current or DC direct current is a current consisting of charges that flow only in one direction.

What is the different between cash credit account and current account?

Diff. between CC account & current account

The flow of electric charges is called?

The flow of electric charges is current.

If your van was repossessed then you paid off the balance a year later can your creditor refuse to report the current status of your account to the credit bureau?

Yes, however you can easily take care of this and have your credit reports corrected.

You had two ATVs recently repossessed they want 6500 to get them back do you have any options?

You have none, except to get your payment account current. Remember, you DO NOT OWN the ATV's until you have paid them off in full. The lender owns them.

What is a magnetic current?

There is no magnetic current because there are no magnetic charges.

Do all companies ask for the full balance left on the car loan once your car is repossessed?

depends on your state law, here in MD you get one shot to "re-affirm" you loan. TO bring current the payments missed and late charges and the wonderful repo charges...... then the next time it is up to the Lien Holder.

A flow of electrical charges?

its the Current.

Flow of electric charges?


Can you let a car be repossessed with scratches on it?

A car can still be repossessed if it has scratches or some slight damage. The current value of the car is normally used when netting off the debts.

Is an electric current the movement of negative charges called electrons?

Yes, an electric current is the movement of negative charges called electrons.