The tow company is responsible for damage they did to the vehicle, if they claim they didn't do it you have to prove it and make a claim/sue them, otherwise you need to claim it on your insurance.
The one in POSSESSION is responsible.
yes you will be responsible.
The owner of the car listed on the insurance policy.
The owner of the car (person(s)) who took the loan on the car are responsible
YOU are responsible for the debt that is secured by the "stolen" car. Be sure to make a police report on the 'stolen" car.
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.
The car can be repossessed. The estate is responsible to return the vehicle and resolve the lease or loan.
the person the vehicle was leased to is responsible as they are the ones that have caused the vehicle to need to be repossessed.
Call the lender, and make some kind of arrangements. Do not let your car get repossessed. You will be responsible for the balance on the loan. no
It may vary by state, but in most palces you are responsible for the negative equity.
Yes. If you signed the loan, you are still legally responsible for it.
then you go and kick that person and repposses that car.... They call cops and you ignore those guys....
You are unless it's a TITLE LOAN, they usually write it off.
Whomever signed the contract is responsible for the balance.
Once the agent takes possession of the vehicle, they are responsible for any damages which occur.
When your car is repossessed from the bank, the bank will sell it, usually at an auction. You are responsible for the difference of the selling price and what you owe on the car.
YES. Read your contract.
Yes, you are responsible for all the damage caused by your accident therefore if an object you hit goes on to cause further damage as a result of being hit then you are responsible for all the damage.
if i get my car repossessed, can they put a llien on the house?
The driver of the first striking car is responsible for all subsequent damage.
Your car was probably repossessed by the lender who owns the car until you pay for it. Call your lender and they will be able to tell you how to locate your repossessed car.
They will then sell the car and you will be responsible for the difference in what the car sells for and the balance on the note. Don't let it happen. Contact the lender and work something out.
Yes. Usually the loan holder will be held responsible for any deficit and perhaps fees that are incurred when the car is sold.
No, a car can not be repossessed due to having no registration. A car can be repossessed for non payment. The police can have a car towed to an impound lot if there is no registration.
No, but your car can be repossessed if you don't make the payments.