0
Why has your vehicle been repossessed if you are up to date on all title loan payments?
Wiki User
∙ 2012-05-14 12:11:53
Call the loan company and ask them. If you are up to date on your loan you have a case against them.
Wiki User
∙ 2012-05-14 12:11:53
Add your answer:
Earn +20 pts
Can my insurance co. disability payments or my workers comp payments be garnished for a vehicle reposession?
They might be able to garnish your payments for the money that you owe them , but nothing more since vehicle has been repossessed.
Can you take possession of the car if the borrower stops making payments even though they have been paying for a year?
Only if your name is on the title, and only if the primary borrower defaults and the vehicle is subject to being repossessed by the lender.
My husband died a year ago. Can the finance company repossessed my deceased husband's vehicle although I have been making timely monthly payments?
no
Can a vehicle be reposessed for late fees on the loan?
It depends on how many times you've been late on vehicle payments. Most of the time though as long as you are making a payment of some kind on the loan your vehicle will not be repossessed.
On average what is the quality of most repossessed vehicles?
The owner of a vehicle that has been repossessed, cannot afford to make their payments, so it makes sense that they cannot afford to perform the required scheduled maintenance on the vehicle. This is not always the case but IMO, I would never buy a repossessed vehicle, unless it had extremely low mileage of say less than 20,000 miles.
Do you have an opportunity to make good on the payments and recover the vehicle in California once a car has been repossessed?
YES, you should get a notice from the lender outlining what ya need to do.
If you hold the title and its in your name can your vehicle still be repossessed?
Well, if the title lists no lienholders, it cannot be repossessed. If it lists one, it would be best to surrender it or don't keep anything in it of value. Yes. Even if the lien is not recorded on the title, it hass probably still been filed with the state.
How do get your car back after a repossession?
If your car has been repossessed by the bank for missing payments, the quickest and most efficient way to retrieve your vehicle is to contact the bank and make your back payments. When contacting the bank about back payments see if there is a new payment plan system that you can set up with them that is more beneficial to you, to avoid having the car repossessed again.
Bank won't release title?
A bank won't release the title to a vehicle until it has been paid in full. This is done to prevent the vehicle from being sold while payments still remain.
What has to happen before a creditor can have your care repossessed?
A car cannot be repossessed until the owner has missed several car payments and the owner has been notified of late payments. In most states a car can be repossessed after three months of non-payment.
What to do when your dealer don't accept your payments after your car has been repossessed?
you take your payments to pay them and say im here to pay them kthxbye
What do you do when your car has been repossessed?
Repo'ed carContact the lender that had the lien against the car, and they will tell what steps need to be taken to get it back (i.e. making all overdue and/or current payments on the vehicle).
