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What else can I help you with?
Can you get your finance company to repossess a vehicle from a second party?
If the lein holder didn't authorize a repossession can the person of ownership take charge and collect the vehicle, even if it's paid on time but both parties on reistration are no longer in agreement?
What happens if I no longer have personal property for example home computers etc that were listed as collateral on a secured loan from a finance company if they try to repossess the items?
If you no longer have the personal property listed as collateral for a secured loan, the finance company may still hold you liable for the outstanding debt. They may pursue legal action to recover the balance owed, which could involve garnishing wages or placing a lien on other assets. It's essential to communicate with the lender about your situation, as they may be willing to negotiate a settlement or payment plan. If you're unable to resolve it, consider seeking advice from a financial advisor or attorney.
Your car was repossessed after being six months behind and then you get a call from the car dealer after two years trying to repossess the car are you still liable?
If the dealer calls you after the car has been repossessed, then you should inform them that you no longer have the car. They can contact the finance company to verify the information.
What exactly is a welcome finance?
Welcome finance is a loan company in which they have a limited amount of loans. They are fair and helpful so if you have the chance of joining I recomend you do before they no longer have space.
Where are the headquarters of the company Finance Credit?
Finance Credit is a company that no longer operates, having gone bankrupt in 2002. There was much scandal over their closure, due to a criminal investigation into siphoning funds. The founders of the company are currently serving prison time, in Norway, where the company originated.
What happens to stocks when a company goes private?
When a company goes private, its stocks are no longer traded on the public stock market. Shareholders are typically bought out by the company or a private investor, and the company is no longer subject to the regulations and reporting requirements of being a publicly traded company.
How many days does a car lot have to give you before they repossess your car?
Usually no longer then a month
What happens after a company has been liquidated?
In many ways, there is no after for anything to happen in. The company no longer exits. Its assets are now owned by others. It is over.
Can a finance company repossess your car if you are less than 30 days late?
Yes, but it's not always that simple. While it's easy for a finance company to come and repossess your vehicle for being 30 days late, the courts don't always agree with that action. For example, if you've been paying on your vehicle for some time and you get behind, if you have continual contact with the finance company and all of your contact information is correct, court may rule that the finance company had no reason to assume a material breach of contract for a default of 30 days. However, if you avoid contact with them (won't answer your phone), your address is incorrect, and/or you're still pretty early in your agreement, courts will most likely see it as a material breach. Unless your contract or state law says otherwise, you also have the right pick up where you defaulted (by paying the defaulted amount in full) on your loan and you're not forced to pay the entire amount of the loan. Furthermore, you should keep in mind that, in states that have adopted the Uniform Commercial Code [UCC], after you pay 60% of the balance of your loan, a repossession and disposal (resale) is no longer beneficial for the finance company because the resale of the vehicle would satisfy the debt (so they couldn't come after you for the remaining balance) and any remaining funds from the sale, minus reasonable charges, is required to be paid to the consumer. Most respectable finance companies/banks will not repossess a security interest until it is easily provable in court that they had reason to believe a material breach of contract. However, "buy here, pay here" type places tend to be a little looser with their rules, but typically end up paying for it when they do get sued for doing so.
What happens when a company goes private?
When a company goes private, it means that the company's shares are no longer traded on a public stock exchange. This typically occurs when a group of investors, including the company's management, buy out all of the outstanding shares of the company. As a result, the company is no longer subject to the same regulatory requirements and reporting obligations as a publicly traded company.
What can you do if your dad is no longer financing us?
Finance yourself.
What happens to my shares if a company goes private?
If a company goes private, your shares may be bought back by the company or by a private investor. This means you may no longer be able to trade your shares on the stock market.
