Nope. The dealer is completely unaware of your financial situation.
The neighbor. It is up to the neighbor to notify the company of the damage if they called that company for some sort of service. You should consult with an attorney since you may need to sue the neighbor.The neighbor. It is up to the neighbor to notify the company of the damage if they called that company for some sort of service. You should consult with an attorney since you may need to sue the neighbor.The neighbor. It is up to the neighbor to notify the company of the damage if they called that company for some sort of service. You should consult with an attorney since you may need to sue the neighbor.The neighbor. It is up to the neighbor to notify the company of the damage if they called that company for some sort of service. You should consult with an attorney since you may need to sue the neighbor.
Notify a professional beekeeper or bee removal service company.
Actually a company can reposses your vehicle without notice. When the terms of a finance contract is broken the company has all rightd at that time. They are under no obligation to notify you.
There isn't anything you would need to do. You still owe the money and will need to continue paying. A bank or something similar may buy the rest of your loan from the dealership. If that happens it will be their job to notify you.-------------------------------------------------------------------------------------------------It is not usually the dealer which actually provides the finance, it is a finance company that is separate from the car dealer.When you purchase the car and take out finance, the finance company pays the dealer in full what he is owed and you then repay the finance company.If you look at your finance documents closely, they should tell you this.You should therefore continue to pay for your car as you were doing before the dealer went out of business. However, for your own protection make sure that you get a receipt (proof) that you have made each payment. If you are notified in writing to change your payments to a new company do this if the paperwork matches what you had before.If you are in doubt at all, go and see an attorney (lawyer).
As far as I know, only 2 states require the lender/repo company to notify the debtor. The easiest way to find out the info is CALL THE LENDER.
A car dealership does not have a certain length of time to tell you. It is better business practice to do so when they tell you they will, within a reasonable period of time.
No. The Employer must notify you.
RODHOOK
yes
It isn't needed for them to inform you. It depends on the Repo company really. Your loan bank, or "lender" pays to have your car repossessed, gives you a chance to buy it back for the either the amount that you owe (plus maybe a delinquency fee), otherwise the lender will give it to a dealership to sell it. If it doesn't sell at the dealership, the dealership CAN give it back to the lending bank, in which case they will put it up for auction somewhere. So, they SHOULD notify you, but they CAN just take your car and wait for YOU to contact THEM to pay your amount before the try to get their money back for the car they paid for. But if you have some Jerk company the might not notify you and just try to sell the car immediatly. Sorry, about your situation, but I hope that helped. I hope you didnt owe taxes because that is a whole other story! -NeoMikeTx
You usually have to have insurance in case you have an accident. The finance company can then retrieve the debt from the insurance company. If you do not have insurance then they will have to retrieve the debt from your other assets such as your house if you have one! If they perceive that you are a bad risk they may look at getting the car back if there is enough equity in it but they will still want any outstanding dues. Better to keep up the insurance. They may not know the insurance has lapsed unless you notify them.
12 hours