0
Can a finance company repossess a vehicle if both you and the finance company never received a title because the dealership never transferred ownership of the vehicle?
Yes. That was a condition of the loan and the Bank certainly won't just let their money sit there, unprotected. You should be going after the dealership. Get a lawyer or a local consumer advocate to help you. * The vehicle is subject to repossession. There is a problem with the way the situation is described though, a vehicle cannot be registered and licensed without there being a title. It appears that a criminal act has been committed on several levels. The persons that have been victimized should contact the justice division of the attorney general's office in the state where the incident occurred for assistance.
What else can I help you with?
Can your car be repossessed if you bought it from a dealership but never received a contract?
I really cant answer that, but in my opinion it would be smart to go back and see if you can get some kkind of proof of ownership
What are the ratings and certificates for Seinfeld - 1989 The Dealership 9-11?
Seinfeld - 1989 The Dealership 9-11 is rated/received certificates of: Australia:PG Canada:PG (video rating)
How much is a 2006 Dodge Grand Caravan replacement key?
I received a quote from my local dealership for $190.
Can a car dealership cancel a purchase?
A car dealership can cancel a purchase if they haven't received the right amount of money to honor the contract. Otherwise, they can't cancel a contract that has already been signed.
What is rompala clause?
ownership of goods does not change hands until full payment has been received
In Texas how do you show home ownership while making mortgage payments and executing a will?
Home ownership is shown by Deed, which you should have received when you obtained the property and which should be filed with the County Clerk.
What fund or group of accounts would premiums received on general obligation bonds transferred to?
Debt Service
The vibrations received by the tympanic membrane are transferred to the oval window by the?
The vibrations received by the tympanic membrane are transferred to the oval window by the three auditory ossicles: the malleus, incus, and stapes. These ossicles amplify and transmit the sound waves from the eardrum to the inner ear for processing.
Is Ourisman Toyota a trust worthy car dealership?
Ourisman Toyota is a fairly trustworthy car dealership. It has received mixed user removes with positive ratings from some sites, but overall poor votes in other review sites such as Yelp. One would be served best to visit the dealership and judge for themselves.
Should Revenues earned should be reported on the income statement regardless of cash being received or not?
Earned Revenues are not cash. Unless your using the cash basis (which isn't Generally Accepted Accounting Principles). You recognize revenue when it is realized, realizable, or earned. So if the company realized revenue through a sale, depending on when the title transferred to the buyer (FOB shipping point or FOB destination), the selling company would record the revenue. So to answer your question: Yes, you record Revenue on the Income Statement regardless if you received cash, as long of the title of ownership transferred for that particular product.
What happens if you transfer an executable program file in ASCII?
When files are transferred in ASCII mode, the transferred data is considered to contain only ASCII formatted text. The party that is receiving the transferred data is responsible for translating the format of the received text to one that is compatible with their operating system.
What if you have not received title from dealership after 30 days?
You can put a bounty of up to $7000 on the dealers head. He must be alive to attend the hearing though!
