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If you are in repossession status and are making efforts to pay on your late payments can they still repossess your vehicle?
Once the loan is in default the bank has the right to refuse payment and repossess the vehicle.
Do you still have to pay for a car if you do a voluntary repossession in the state of Virginia?
Yes.. anywhere. When a vehicle gets repossessed (voluntarily or involuntarily) and it isn't reclaimed, the vehicle gets auctioned... the person who took the loan on the vehicle is still responsible for the difference between what was received for the vehicle at auction and what is owed on the balance of the vehicle (plus repossession, storage, and auction fees).
Can a vehicle from pa be registered in Fla if its up for repossession?
It can be registered, but the repo man is still coming for it.
Can a repo man ram your vehicle while you are still in it?
No. You can not be pulled over or forced out of your vehicle during a repossession. It has to, by law, be accomplished "peacably."
Can an auto lender use an investigator for repossession?
Yes, an auto lender can use an investigator for repossession. This is often done to locate the vehicle and ensure that the repossession is conducted legally and safely. Investigators can help gather information about the borrower's whereabouts and the vehicle's location, which can streamline the repossession process while adhering to relevant laws and regulations. However, the lender must still comply with state laws regarding repossession practices.
In Nevada How do i find out if my car has been repossessed?
To find out if your car has been repossessed in Nevada, you can start by contacting your lender directly, as they will have the most up-to-date information on the status of your vehicle. You can also check with local towing companies and repossession agencies, as they may have records of repossessed vehicles. Additionally, you can look for a notice or letter from your lender regarding the repossession. If you are still uncertain, you may want to review your credit report, which might reflect the repossession.
How will you know what you still owe the creditor after a repossession?
The amount you will owe the creditor will be the amount of your auto loan (including repossession fees, interest, and collection charges) minus the amount the vehicle sold for at auction. The creditor will notify you of the amount due in writing after they auction off the vehicle.
Can your wages be garnished for an auto lease repossession in Florida even if the leased vehicle has been turned in?
Yes, if there is still an amount owed.
How do you stop a repossession in process?
Pay the past due amount on the loan or pay the loan in full. In the event you are able to do this, it is a good idea to have the lender contact the repossession agency to cancel the repossession while you remain on hold. If you fail to do this, it could take several hours for them to notify the repossession agency, and your vehicle could still be taken.
In North Carolina can a repo man repo your car from a repair shop with a bill that is still owed?
Yes. A repossession agent can secure the vehicle anywhere he finds it with some limitations, provided he has a valid order for repossession.
Does a personal water craft repossession work the same as a vehicle repossession?
Yes, until the note is completely paid it still belongs to someone else and can be repossessed. If the transport trailer maybe also if it's on the same note.
If the owner of a car lets a family member drive register and insure a vehicle and the vehicle is in an accident can they be sued?
if the title is still in your name yes.
