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What else can I help you with?
Can a car get reposessed if the previous owner owes finance on it?
Yes. Prior liens must be paid off before you take title to the vehicle.
What is the Repossession laws in Hawaii?
In Hawaii, creditors can repossess vehicles without court order if the borrower defaults on the loan. However, they must do so without breaching the peace. Borrowers have the right to cure the default before the repossession occurs. Creditors must provide notice before selling the repossessed vehicle.
Should you apply for a credit increase before or after applying for a vehicle loan?
For a better chance at getting the vehicle loan, increase your credit after the vehicle loan. Increasing your credit before may reduce the your vehicle loan amount.
What are the remedies when a lender agreed to accept payment in full the following day but reposessed the night before anyway?
Lesson learned: Lenders LIE !!!!!!!!!!!!!!!!!!!!!!!!!!
My car was damaged after the repo man picked it up property was stolen as well what are my rights?
It's difficult to prove that a vehicle was damaged during towing unless the damage is directly related to the way the vehicle was towed. Some examples would be AWD (All Wheel Drive) vehicles being towed on 2 wheels destroying the drive train components, damaged bumpers, or bent control arms from tow hooks. As well, personal property is the owners responsibility to keep out of the vehicle at all times. Your best bet is going to be filing a claim with your auto insurance agent (given you had insurance at this point in time.) If you are unable to do so due to being under, or uninsured - contact the bank that owns the vehicle and find out who the tow company that reposessed the vehicle. You may be able to take them to small claims court, and if not get money back on the deal - have the bank reduce the amount you owe if they are found at fault for the damage. If you own the vehicle, and you have taken delivery of it back from the impound, an insurance claim, or small claims court are your best options. If you have photographs of the vehicle taken just before it was reposessed, they will be your best tools in either case to prove the condition of the vehicle was changed during the process.
Can debt collectors make a beneficiary pay the decedents debts?
The creditors can file a claim against the estate and the debts of the decedent must be paid by the estate before any assets can be paid over to the beneficiaries of the estate. If there are no assets in the estate the creditors are out of luck. You should consult with an attorney or other advocate before you pay any debts of the decedent.The creditors can file a claim against the estate and the debts of the decedent must be paid by the estate before any assets can be paid over to the beneficiaries of the estate. If there are no assets in the estate the creditors are out of luck. You should consult with an attorney or other advocate before you pay any debts of the decedent.The creditors can file a claim against the estate and the debts of the decedent must be paid by the estate before any assets can be paid over to the beneficiaries of the estate. If there are no assets in the estate the creditors are out of luck. You should consult with an attorney or other advocate before you pay any debts of the decedent.The creditors can file a claim against the estate and the debts of the decedent must be paid by the estate before any assets can be paid over to the beneficiaries of the estate. If there are no assets in the estate the creditors are out of luck. You should consult with an attorney or other advocate before you pay any debts of the decedent.
Is it possible for me to sell my leased vehicle before the end of the lease term?
Yes, it is possible to sell a leased vehicle before the end of the lease term, but there are some factors to consider such as the buyout amount, early termination fees, and the agreement with the leasing company.
Why creditors use accounting information?
Creditors want to evaluate before granting credit to company that will company be able to return back credit when maturity time arrives.
If your checking account is frozen because of a judgment do you have to pay the entire amount or can you settle?
That's at the discretion of the party who won the lawsuit and had the judgment enforced. In general creditors are only open to a settlement/payment agreement before a lawsuit is undertaken.
Can the deceased be billed?
The decedent's estate must be probated if they owned any property. Creditors can make claims against the estate. The creditors must be paid before any of the assets can be distributed.
How long before creditors do a charge off?
usually a chare off happens after 7 years
What are the legal hours in new york that creditors to call?
Not before eight in the morning and not after nine at night.
