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You have the title to your car however you are still paying the notes if you are late on a payment can the creditor repossess the car?
Wiki User
∙ 16y ago
if the creditor's name is nowhere on the title,only your name,no one else. no liens. No one can legally take your car.
Wiki User
∙ 16y ago
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Can a bank repossess my car if I am making some sort of payment?
If you aren't paying in full they can repossess the car. To a bank " some sort of a payment " doesn't count. Call them and make arrangements.
Can a creditor refuse to accept a check as payment?
Yes ... why would a creditor someone even consider taking a credit card payment from someone who has a history of not paying their credit card bills. Think !!!
If you have not made a car payment in a few months is there any way you can start paying again without paying the arrears before they repossess it?
I seriously doubt it unless you work out something with the lending agency.
How can I stop a Writ of Execution in Texas?
You can resolve the execution by paying the debt in full. The creditor will notify the court of the payment and the execution will be dissolved. If the execution was recorded in the land records the court will issue a judgment satisfied certificate that must also be recorded.You can resolve the execution by paying the debt in full. The creditor will notify the court of the payment and the execution will be dissolved. If the execution was recorded in the land records the court will issue a judgment satisfied certificate that must also be recorded.You can resolve the execution by paying the debt in full. The creditor will notify the court of the payment and the execution will be dissolved. If the execution was recorded in the land records the court will issue a judgment satisfied certificate that must also be recorded.You can resolve the execution by paying the debt in full. The creditor will notify the court of the payment and the execution will be dissolved. If the execution was recorded in the land records the court will issue a judgment satisfied certificate that must also be recorded.
Can a finance company repossess my car if I am only one week behind in car payments?
Typically, yes. Unless you have it in writing that they will change your payment date, or accept a later payment, they can repossess your car for being only a day late on your payment. However, most companies will not repossess this early as it usually ends with them losing money. They make more money by you paying your monthly payments plus interest. In the long run, if they repossess they have to sell the car at wholesale or auction and typically the person whose car was repossessed does not pay the balance due. This whole process takes a lot of time and money. Usually your finance company will avoid repossession until it is a last resort. Buy here pay here places aren't so nice however. In the end, legally speaking, the answer is yes.
Can a bank report a car stolen if in default of payment?
YES, IF YOU CLAIM NOT TO KNOW WHERE IT IS. If you call the bank and say I dont know where the car is its gone, they are going to tell you to report it stolen. If you stop making payments on it then they will repossess, if there is no car to repossess then you are still responsible to pay the monthly payment car or no car If you stop paying and there is no car to repossess then they at that point can take legal action against you. I dont know if its reported stolen but take my word for it you will pay somehow.
If one of two signatory debtors has made payment arrangements can the creditor garnish attach or do anything of that nature to the non paying debtor?
The lender can take no actions until they have a judgment against you.
What are the consequences of letting a company repossess an auto when you are in over your head?
It would be in your best interest to try and negotiate something with your creditor. What will probably happen if they repossess your vehicle is that they will auction it off to the best bidder in an attempt to recover what you owe on the car. If the best bid does not cover the debt you owe, they will come after you for the balance. So you will be stuck paying the balance on a car that you don't even have anymore.
Can I pay an extra monthly car payment to speed up the pay-off, like on my mortgage?
Yes, if you are paying of a car loan, there is no penalty for paying over your monthly payment. However if your monthly car payment is on a lease agreement you will have to refer to the terms of your lease as to what is allowed.
Can you repay a relative after bankruptcy even if the indebtedness to them was discharged?
You can voluntarily repay any creditor whose debt was discharged. Do not enter into a payment plan, or make regular payments, or you may reinstate the debt.Bankruptcy only prevents the creditor from taking any action to collect the debt. It does not prevent you from paying.
Can you get out of paying the pmi payment with out paying the full 20 percent?
No.
Who is responsible for School debt after death?
The borrower, i.e., the person who signed the note, is responsible for payment. If the borrower has died their estate is responsible. If there is no estate the creditor is out of luck. If there was a co-signer then they will be held responsible for paying the debt.
