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What else can I help you with?
Can vehicle registration be denied if you are behind on payments?
The repo man will tell you that, but no it is not true.
If you live in Florida does a creditor have to notify you if your car is in repo status?
NOPE. No state requires lenders to tewll you that you are in "repo status". The lender desire for you to make the payments will sometimes give you a clue.
What is the legal process to repo a car in TN?
You need to have a lien on the vehicle and reasonable cause to repo it, whether it be late payments, risk of losing the vehicle in impound, etc.
What is special about the Repo Truck company?
There is no company with the name "Repo Truck", but "repossession" of a vehicle simply means the financial lending company "takes back" the vehicle, because monthly payments on the vehicle have ceased.
If your car is repossessed for being three payments behind can the bank refuse to give the vehicle back if you pay the repo fee and catch up your payments?
Read the contract again. What part of it are you in DEFAULT on? There is a clause in most contracts that says the lender can accelerate the balance due for a number of reasons.
If you've been making monthly payments on your car and and you are still a month behind can they repo it?
As long as you are in default, they can repo. Try to catch up the month behind. Send $5.00-10.00, whatever.
Can the lien holder repo my truck when payments and insurance are current?
They will not repossess a vehicle unless you have defaulted on the loan. Defaulting on the loan is being late with the payments. Call the lender and talk to them.
Cosigner repo a vehicle?
If you are a co-signer of a repossesion, and the primary borrower has not made an attempt to make their payments then you are fully responsible for this debt.
How many payments in the state of Texas can you be behind for repo?
Legally if you miss 1 payment you are delinquent and they can start repossession proceedings on their vehicle.
If you are 3 months behind but making payments on your vehicle can they still repo your car in Illinois?
Yes, in Illinois, a lender can repossess your vehicle if you are three months behind on payments, even if you are making partial payments. The lender is not obligated to wait for you to catch up on payments before initiating repossession. However, they must follow the proper legal procedures to do so, including providing you with a notice, if required. It's advisable to communicate with your lender to discuss your situation and explore potential solutions.
If you are current on your payments can the car dealership who sold you the car repo it or is the bank that is financing the vehicle the only one who can do that?
The bank/finance company. The dealer has already been paid for the vehicle
Can a vehicle be impounded of forfeited?
It can be impounded by the police, a repo man, or for being parked illegally on private property. It can be forfeited if you fail to make payments on time and the bank repossesses the vehicle.
