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I sell cars. The answer is yes though unlikely. However if they do they will charge you recovery fees. Storage fees and admin fees. Is there any way you can pay? They will put a 7 year black mark on you record. If you can't pay you Gould offer to voluntary terminate the contract meaning car goes not questions asked and no defaults

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14y ago

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Related Questions

Can a dealer collect on repo unpaid balance?

Yes - if the car loan was with the dealer, the dealer can sue the debtor for the balance of the car loan after the car is sold to someone else.


Can a dealer repo your car for 1718.57?

Yes


How long can a buy here pay here dealer hold your car after repo?

A car dealer can hold a repo as long as he is the lien holder on the title.


Can a dealer repo a car when theres a clear title on the car with no liensI have a clear title in my name?

No, if the car does not have a lien, then the dealer has no legal interest in it.I'm not sure why a dealer would even try to repo something they had no legal interest in.


If you voluntarily relinquished your car due to your unemployment status can you be subpoenaed to pay the remaining balance after they sell the car at auction?

They are not lying to you. A repo is a repo is a repo.


Can a used car dealer repossess a car with a balance of only 124 dollars if there is a loan on the vehicle from a bank?

IF the dealer is acting as the banks agent(hired to repo), YES.IF you bought the car from that dealer, the dealer may have had "recourse" on the loan, so that he/she had to do the dirty work if you didnt pay. $124.00 is not the main question, how LONG has the $124.00 been in default??


In North Carolina can they sue or put a lien on your business for the remaining balance of a car repo?

YES, a lender can get a judgment for the balance owing on a loan after repo.


If a dealer damages your car while in repo- do you have the right to give the car back due to breech of contract on their part?

NO, but you can get it repaired. Do you have any proof that it was the repo that damaged it?


If a car is repossessed and you pay the balance after they sell the car do they remove the Repo in your credit report?

Do they? NOT usually. CAN they?? yes, if you convince them to. reporting a repo is reporting a fact. The repo DID happen. They report the payoff. That is a fact also.


In Utah can a car dealer repo the car and not give you the car or cureor not notfi you after its been repoed just simply keep your car?

yes


Can a dealer repo a vehicle that wrecked and not paid off?

Yup ... until the debt is paid, the dealer owns the car outright - they have the title afterall which prevents the car from being sold.


Can car be repo after balance is charged off at end of loan?

Absolutely, and in most cases it will be!