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What do you do when a car that the finance company sold has been reported as a repossession and you were the person co-signing on it especially when it was stolen and found to have been salvaged?
sue the seller in small claims court to recover your losses. be able to prove you didn't know it was stolen
Do you have to continue paying your insurance if your car is stolen?
No, as long as you have let your insurance company know they car is stolen.
Can an Indiana finance company report a vehicle as stolen for non payment of the loan?
First, they'll try to repossess the vehicle. If you tell the repossessors that you don't know where the vehicle is, that could give them grounds to report it stolen, although it's a little more complicated than that, and they'd likely just file a missing property report, The finance company has no interest in jailing you - they want their money, and you obviously aren't going to make any amount of money in jail that'll allow you to pay them back. They might take you to civil court.If anyone's going to try reporting a vehicle as stolen, some repossession agents have been known to do it after they've been told, "well, I don't know where the car is", as a pressure tactic. IMO, a pretty underhanded move, but I won't say I would've been above doing it when I did repossessions (although I never actually did this).
Your car has stolen or your car has been stolen?
how to find my stolen car when i have the thiefs name Call the police.
Is the Shivkumar loans and Investment Company a clean company?
I do not know about this company, but Shivkumarloans & Finance Company of New Delhi, India is definitely a loan scam.
How do you know if a gun that you bought from a private person has been stolen?
Go to your local police with the sn. If it's been reported as stolen they can tell you.
What is role of manager in financial company?
firstly the main role of manager to fully know about the today's finance and they have a lot of knowledge about the financial things........and also know about the in which way they can handle finance.......
Is it a crime to hide a car that's up for repo in Georgia?
That act in itself isn't a crime. However, if you tell a repo agent you don't know where the car is, then the repo agent will report the car stolen on behalf of the finance company (the rightful owner of the car).
What is the best company offering bridging finance?
According to their web page MT finance was offered an award as best bridging finance company in the UK. Bridging Finance Limited and 1st Bridge are also well know names in the field. Best of course would completely depend on your personal needs.
What happens if the car gets stolen and its still on finance with no insurance?
Car stolen and No Insurance.Well that really depends on what you do. As you know Failure to maintain the necessary coverage is a breach of the contract that you signed with the finance company.You were responsible for the note and you are still liable for the unpaid balance.Usually the finance company will give you the opportunity to pay off your debt if just you ask them. If you fail to pay off the debt then the insurer will have little option left but to sue you in court for the unpaid balance and breach of contract. They may be able to recoup their loss by way of a court judgment and any available property or salary liens.
What does dealing in stolen property mean?
Someone is dealing in stolen property by buying or selling property they know to have been obtained unlawfully.
How does a company calculate the finance charge on a mobile trailer?
i need to know how a calculation of finance charge was figured out. it is a original loan at 18,084 for 12 yrs at 5.75% interest.
