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Will you be able to buy a new car if you let them repossess your current car?
Wiki User
∙ 17y ago
You will not be able to immediately buy a new car if you are financing it because it will be difficult to get a loan. After some time has passed you should be able to get financed with a higher interest rate.
Wiki User
∙ 17y ago
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Can a creditor repossess a car if the account is current?
not without legal cause
Can a finance company repossess your car if your license is suspended?
They won't repossess it for your license being suspended, but they can repossess it when you fail to make payments, regardless of what the current status of your license is.
Can a buy here pay here repossess my car if I have trouble getting in last 440.00?
The simple answer is " YES "
Can a debt collector repo your car is they are not lienholder on title?
No. To be able to repossess any of your property, they must hold a lien on it. If they have no lien on it, they have no right to repossess. Their only option is to take you to court.
Can you repossess a vehicle that you sold to a friend if you have a written contract for the sale of the vehicle?
yes, you are in a legally binging contract if you are both over 18 years of age and are therefore able to repossess the car.
Can anyone reposes cars?
Yes, your car can be repossessed by a company if you are behind on payments. However, it has to be a licensed repossess to be able to do this.
After filing chapter 7 you did not reaffirm your car loan what happens now?
2 factors: 1. Are you current on your payments? - if you are not current on your payments the creditor will most certainly repossess your vehicle. however you will not be liable for any deficiency amount. 2. Who is the creditor? - Most creditors will gladly continue to accept payments on the vehicle and not repossess it. however some creditors such as Ford Motor company will repossess regardless of whether or not you are current.
Can a dealership repossess your car if they are not the lien holder?
No. The lienholder is the only entity with a right to repossess.
Can you repossess a car on tribal land?
NO!
My car was in an accident and is still at the body shop which hasn't been paid yet he finance company wants to repossess the car. Can they repo it from the body shop?
Yes, the finance company can repossess the car from the body shop. They would likely wait for the car to be fixed before they repossess the car.
If your current on your monthly car payments but owe a past miscellanous fee not a late fee can they repossess the vehicle if you refuse to pay that fee?
After a couple of months they can and will
When a bank repossess someones car?
As long as the bank is listed as the lienholder on the title and as long as you owe them money and haven't paid they can repossess the car.
