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MOST auto loan contracts give the right to determine which state laws govern to the LENDER.

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20y ago

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When can they start a repossession?

Depends on your state laws and the contract you signed with the lender. Read your contract. after the second payment is not paid


Can a landlord junk your car for money?

Only if you have signed a contract giving him right of repossession. Otherwise it is illegal for him to do so without a court order.


Can you take a car out of state that's in repossesion?

No such thing as in repossession. Its either repoed or its not. If its not, you are free to do what you want with it unless you signed a contract agreeing otherwise.


Can a void contract be signed and upheld in court?

A void contract can be signed and upheld in court. However, this depends on why it was void to begin with.


If you live in one state but your bank is in another which state laws apply when dealing with a repossession?

Generally the laws of the state where the contract was signed take precedence. I disagree. If the car is registered in California and titled in California, and located in California, California law applies. The validity of the debt, late fees, and so on ARE determined by where the contract was signed, but California has specific laws on the procedure for repossession.


Will they garnish the head of household or the other's wages for car repossession in Missouri?

They can ONLY garnishee the wages of the one(s) who SIGNED the contract,whomever that may be.


In a repossession do you have to pay off the entire car right then or just keep making your loan payments monthly for the duration of the loan?

It would depend on the contract you signed when you purchased the car.


The down payment on a home cannot be met. Can a purchase agreement be canceled?

You need to review the contract you signed to determine if you can get your deposit back. If the agreement was contingent on your being able to amass the down payment then the contract can be voided. However, you need to review what you signed. It would be best to consult an attorney it there is no language in the contract to release you in this situation.You need to review the contract you signed to determine if you can get your deposit back. If the agreement was contingent on your being able to amass the down payment then the contract can be voided. However, you need to review what you signed. It would be best to consult an attorney it there is no language in the contract to release you in this situation.You need to review the contract you signed to determine if you can get your deposit back. If the agreement was contingent on your being able to amass the down payment then the contract can be voided. However, you need to review what you signed. It would be best to consult an attorney it there is no language in the contract to release you in this situation.You need to review the contract you signed to determine if you can get your deposit back. If the agreement was contingent on your being able to amass the down payment then the contract can be voided. However, you need to review what you signed. It would be best to consult an attorney it there is no language in the contract to release you in this situation.


Whose name will appear on the billing statement of a co-signed contract?

The co-signer's name will not be on the bill, it will, however, be on the contract.


Is a lease a contract signed?

Yes, a lease is a signed contract


Can a lender revise his contract without contacting the debtor?

The finance company has to have a contract signed by you. If they change something it has to be initialed by the customer. Unfortunatly, to fight this you would need to contact a lawyer which would probably cost more than $300. It is absolutely wrong for them to change a legal document after the fact of it being signed by the customer, but I have never seen a contract that actually states a grace period for repossession.


Does a creditor have to give some kind of notice in Oregon when your car is up for repossession?

No. The contract you signed when you financed the car gave you the terms and conditions which had to be met in order for you to retain your vehicle - that's your notice, right there. Creditors and repossession agents tend not to give notice, largely because debtors have been known to try to hide vehicles or evade repossession by other methods.