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likely NOT. TFC uses a wholesale auction and you wont get in. If you want to redeem your vehicle just pay it off.

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โˆ™ 2004-07-23 16:43:48
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Q: Will you be notified where the auction of your repossessed vehicle takes place?
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Do they sell salvaged cars over there?

Going to an Auctioneer such as Pickles is a place where there are many used vehicles. Some have been repossessed and some have damage from vehicle accidents and such. You can either attend the auction and bid or vehicles can be purchased at reasonable prices prior to auction day.


How long does a person have to redeem a vehicle that has been repossessed?

I think you have like 10 ir 15 days, they have to send you a notice stating when the car will be sent to auction and what date time and place the auction will be, you have until the day before the auction to pay the amount they are demanding. Keep in mind though the sooner you pay the more you save, because they have the right to move the vehicle to another location at any time, which might incur more charges.


Is it safe to buy a vehicle at an auction for cars?

It is safe to buy a vehicle at an auction for cars so long as you know what you're buying. Please look at the car in and out before deciding to place a bid on it.


Where is the best place to buy a used ford mustang?

I would think that an auction for cars that have been repossessed is a great place to find a cheap car. I would also look on Craigslist and Ebay too.


How long can police keep a hold on a vehicle in impound?

Varies a bit from place to place, but ninety days is common. When the cost of storage exceeds the value of the vehicle, it is common for it to be sold, at auction.


If a financed vehicle is contracted with another person who is not making payments can it be repossessed?

If you're asking whether the vehicle can be repossessed for non-payment, it can, regardless of who's supposed to be making payments. Whoever appears on the contract or paperwork for the car is responsible for the payment, regardless of what informal agreements may be in place.


Do most finance company allow you to pay the late payments and then continue with the agreed contract if the vehile was repossessed?

If your vehicle has been repossesed then your best option is to no longer make payments until this vehicle has been resold; which takes place through an auction. Once vehicle is sold you will receive a final bill for the remaining amount that was left over. The final stage of this process is to settle for 30% or less on the remaining balance.


Can my car be repossessed while its parked in my yard in Virginia?

Yes, repossessions can (and often do) occur on private property. There are limitations imposed on the recovery agents, and they know how to plan accordingly. IMO, better that car (which is actually the lien holder's, which is why it can be repossessed in the first place) be repossessed while you're at home than while you're out in public somewhere and left stranded.


Can citifinancial place a lien on your home for non payment of a personal loan when they have a your vehicle as collateral?

CitiFinancial will not place a lien on your home if they have your car as collateral. They will place a lein on your car and you risk them having your car repossessed.


Does the debtor have to be notified of a writ of judgment?

A debtor does have to be notified of a writ of judgment. The debtor is often notified before the court hearing takes place.


How can you buy a repossessed truck?

Go to bank or other place that repossessed the truck. Pay cash for it etc


Can your car be repossessed if there is not a lien on your car you were not behind on your payments?

If you have no lien on your vehicle then no one has a legal right to repossess it. If you're not behind on the payments there would be no reason for the lender to reprocess the car in the first place. It is hard to believe you have a loan on a car without a lien. The car stands behind the loan. If there's no lien on the vehicle then the car is not involved in the loan and cannot be repossessed.


Are there any websites where I can learn how to put my car for auction?

You can check out websites such as ebaymotors.com where they will not only tell you how to place your vehicle up for auction, but also will allow you to do it directly on their site. It's a one-stop shop! Good luck to you.


Can they place a judgment on me in 2007 when the car was repossessed in 2001?

== ==


Does the bank have to tell you they are going to repossess your car.?

Yes, the bank must tell you that your vehicle is being repossessed. The bank will usually try to reconcile the debt before the repossession takes place.


What is a place where cattle is sold?

A salebarn, auction mart, livestock auction, etc.


Where is a good place to advertise a Chevy Blazer for sale?

The best place to advertise a Chevy Blazer for sale would be on the auction site eBay. Or, advertise the vehicle in the local newspaper or auto trader newspaper.


What do you call place where you can bid for things?

An auction.


Where can repossessed cars be bought?

Repossessed cars may be purchased from many car dealerships some specialize in repossessed vehicles and others may have the occasional defaulted payment. Another great place to find repossessed cars is with a financial institution, there are many people struggling, taking credit, the car is often the first thing repossessed when the loan is called in.


You want your house repossessed?

no i dont think any body would like their house repossessed because that will mean your a tramp, then u will be put in a dangerous place .. :'(


Can a garage take possession of your vehicle?

YES, IF YOU OWE THEM MONEY, THEY CAN HOLD AND CHARGE STORAGE. Also check your state laws,because in many states a garage can place a mechanics lean on your vehicle and after 30-90 days they can sell your vehicle at auction or a set price to cover the cost of the repairs.....


How long do storage units keep before they are repossessed?

If you don't pay for 30 days, they'll usually place their own lock on the unit so you can't access it until you get up to date. 3 to 6 months after that, they will eventually auction off the contents of the unit.


How does Auction Sniper increase the chances of winning an auction?

It's an automated tool that you can use to place or increase your bid during the final seconds of an auction. That way, you don't have to be actively trying to increase or place your bid manually at the minute.


Can your car be repossessed for late payments?

Yes, this is the common reason for repossession. It is in fact the primary reason for the existence of repossession agencies and repossession forwarding companies. It is also the reason the vehicle was used to secure the loan in the first place.


How long does a vehicle need to stay in the inpound lot after being repossessed?

FTC Law States that the vehicle must be held for 15 days. But that is subjected to state laws and as you know are always subject to change. If you have cured the issue with the creditor you may get it back as early as same day or next day. Also worth noting is that according to FTC the vehicle must be sold between 16 Days and 6 months after repossession and the creditor must inform you of the time and place of auction or sale. But these are also subject to change at anytime and subject to individual state laws and statutes