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If your name is on the loan for the repossessed car, you are probably liable for its payment.

If, however, during your divorce proceedings, you pro-actively removed your name from this loan, you may be able to present that proof to the lender, so that you are not pursued for the amount owed.

Be aware, however, that WikiAnswers' answers are provided by volunteers, and not by attorneys. You are best advised to seek legal counsel to clear your name.

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Q: Your ex-husband had a vehicle repossessed after you moved to Maine Can a Calif collection agency collect the debt from you?
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If vehicle was repossessed in 2004 but ex spouse stopped paying consistently in 1999 What date must the collection agency report to the credit bureau?

The collection agency typically does not report to the credit bureaus, the original lender does. Lenders report to the bureaus, collection agencies collect on delinquent debt.


What is surrendering your vehicle mean?

Surrendering a vehicle, in a financial sense, means that it is being repossessed and it is being given back to the finance company. The company will usually send someone to collect the vehicle.


Do you have to pay on a repossessed car if not sold?

If it has been repossessed the lender will usually stop all collection activities until the vehicle is disposed of through sale. It is unusual but the lender could decide to keep the vehicle but should they do that than they waive their right to a deficiency.


How long do collection agencies have to recover debt after a vehicle has been repossessed in the state of New York?

Kiss a fatty naked girl


Can a disabled person's vehicle be repossessed in Florida?

A disabled person's vehicle can be repossessed just as any other person's vehicle can be repossessed. You must make all payments on your vehicle if you want to keep it.


Can your vehicle be repossessed if you are awaiting to be paid by the federal government?

It depends on you locatily, but in general, yes, if you are behind on your payment, your vehicle can be repossessed.


If a car was wrecked just before it was to be repossessed is it legal to collect the insurance claim and then turn the vehicle over to the bank?

You can collect it if you want, because the lienholder is going to charge you for not having insurance for as many months as they can, and the amount of what it will cost to get the vehicle repaired. I say give them the check, you will owe less.


I bought a used vehicle from a used car lot and my car was recently repossessed what do I do when the company is over charging me made up as they go along fees in order to get my car back?

Pay the fees or give up the car. You will likely be turned over for collection on anything the dealer does not collect when he sells the car.


If you purchased a vehicle for your son in your name and it is repossessed what will happen to you after the car is seized?

Likely you will have to pay the loan off after the lender sells the car. lenders have some legal options that will collect from you.


F a car was repossessed two years ago and you put an old car that a friend had on the road can they come after that vehicle for the money still owed after auction?

No. They can repossess their collateral (the car which was repossessed), and they can send a collection agency to hound you for money, but they can't confiscate your property.


Can you get your vehicle possession after your vehicle was repossessed?

by paying the bill or rebuy it at an aucton


Can a vehicle be repossessed if you allowed a military person to take over vehicle payments and he has not paid anything?

it doesn't matter if the pope takes over your vehicle payments. if he stops making them, your credit is damaged and the vehicle is repossessed.