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You have not made the car payment as you are filling for bankruptcy- can the bank reposses your car if it is not parked in your parking space?
Until the bankruptcy goes through, you continue to owe the money and the lender continues to own the security. Therefore they can indeed repossess your car.
Where the car is parked is irrelevant. In most cases, they won't even know, let alone care, that the space is reserved for you. They will simply find the and remove it.
Consult your bankruptcy attorney/solicitor or (in the UK) the Citizens' Advice Bureau for further advice. In the UK, at least, it is possible to be guilty of theft if you attempt to hide a car that belongs to someone else.
What else can I help you with?
After 15 days can a company reposses your car?
can a finance company reposses your vehicle if you made your payment on the15 day
If late payment was to be paid today but wasnt can they reposses today?
if payment due today can it be repossed today
Will bankruptcy payment be lowered when house payment is out of default?
Yes. in support with your bankruptcy lawyers experts.
Can a dealer reposses a car for not paying deferred down payment that is not in the contract?
This is not your car. The down payment enables you to have the privilege of a contract. So, pay up.
If i can't pay my car but i keep sending in at least 50 persent of my payment can it still get reposses?
Yes.
When can student loans be included in a bankruptcy filling?
It can be. If you can show that your education loan payment is an undue hardship on you. Then it's piece a cake for you on most of the banks. It can be it in other rare cases as well, but it's not common.
Are you good to go with the pay by plate option for your parking payment?
Are you ready to use the pay by plate option for your parking payment?
When can finance and thrift repossess a car in state of California?
They can litterally reposses your car 1 second after midnight the day after your payment is due.
How do you write a payment arrangement letter prior to intent to reposses?
The letter needs to include what your intentions of payment are. A brief explanation of the reason that you are behind might help for the person reading it to make a determination.
What are the rights of a cosigner when the primary filed bankruptcy then didnt pay the bankruptcy so the bankruptcy was dismissed?
As a cosigner, you are not at all protected if the primary signer files for bankruptcy. In many cases, filing for bankruptcy relieves the primary signer on the loan from his obligations towards the loan, at which point the lender will turn to the cosigner for payment. You'll either have to pay the loan or file for your own bankruptcy (if necessary).Unfortunately, you're stuck with the loan regardless of whether or not the primary signer successfully completes his bankruptcy filling. You may want to contact a bankruptcy lawyer for some additional advice or assistance.
When should a stockholder receive payment if a company declares bankruptcy?
A stockholder should receive payment only after the claims of the creditors have been paid off if that company declares bankruptcy.
If you spoke to the lender and made arrangements to make a payment that is 30 days late and they aggree was it wrong for them to reposses the car the next day anyway?
Nope.
