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Yes, they can be repossessed. This is a common trick many debtors try to pull. Switch the cars and the repo agent will never catch on is the thinking. Wrong. Finding cars is what these guys do. And, working for many of them are people called skip tracers who are very good at finding things. So you can try this, but it will only work for a short time. The car will be taken anyway, only you might lose a friend in the process.
What else can I help you with?
What does it mean when it says credit revoked by creditor?
It means that you can no longer purchase goods on credit. You will have to make payment for the items you get immediately.
Where can I get 500?
You can get 500 by working a part-time job, selling items you no longer need, or asking for help from family or friends.
Is hot topic a franchise?
hot topic is no longer a a punk style store, it now just sells hipster and gangster rap related items. it does not franchise.
How can I get cash for car repairs?
You can get cash for car repairs by saving money from your income, selling items you no longer need, borrowing from friends or family, or taking out a personal loan from a bank or credit union.
If your furniture got repossessed can you get it back?
Yes, if you can pay off the debt fairly soon (Statute of Limitations on holding personal items) and also any costs added to this. Marcy Furniture or other household goods that are bought on a merchant account (not a major credit card) are considered secured property until they are paid for in full. It may be possible to recover the items if a reaffirmation agreement can be made with the creditor, which more than likely means the account being brought up to date and all applicable fees paid.
Is there a fee to retrieve your possession from the repossessed car?
The repo agency will likely charge a "storage fee" for those items when you go to get them back.
Do you have any prohibited items in your possession?
No, I do not have any prohibited items in my possession.
Can i charge for getting your own things from a repossessed car?
You can only repossess the car, you do not also gain possession of anything else that happened to be stored in the car, and the owner of those items is legally entitled to reclaim them without charge.
Are trade debtors tangible assets?
Trade debtors are persons or organizations who allows others to buy items or goods with credit and to receive payment for such goods at a later date, and tangible assets include both fixed assets and current assets. The items or goods are the assets, not the trade debtors.
Can you be charged a storage fee for items within a repossessed vehicle?
Yes, you can, and you usually will.
If your car was repossessed no letter was sent and a demand for the full amount was made afterwards and all of the expensive items were stolen from the car while in their possession can you sue for theft?
None may be needed in your state. Consult an attorney about your case. If they take it, you are on the rooad to success. Good Luck
What is included in current assets?
following items includes:1 - cash2 - bank3 - inventory4 - debtors etc
What is unlawful possession?
Unlawful possession is when you have a illegal items ex.(drugs,guns) which are outlawed in your state because unlwaful means against the law.
In what circumstances would a non trade debtors account be used?
the only answer i have for this question is:- If you sell items to Debtors, but then rent out part of your premises to another party, that Rental income would go into a non trade debtors account. Another big one for this would be for sale of fixed assets - i.e. plant & equipment.
What rights does a person have when personal items go missing from a repossessed vehicle?
First, you have the burden of proof it was in the vehicle. This is nearly impossible unless you have photos of it in there as they took it. Judges are not sympathetic to those repossessed as there are so many who claim valuables lost while in impound or when repossessed. You will likely not be paid anything. Sorry, but the way the cookie crumbles.
What are some of the services that Repo Depot offers?
The services of Repo Depot is to sell repossessed items. A person may bid on various items like cars, trucks, equipment, real estate, boats and aircraft.
Why debtors and prepaid expenses are not treated as intangible assets?
Both those items are tangible assets. Intangible assets are those that are either not physical or very difficult to estimate a value for. So goodwill and R&D are the most common types of intangible assets. Goodwill is very difficult to estimate, and R&D maybe research based and knowledge based so nothing physical exists. While you could argue that debtors owing you money is intangle as you may never be in possession of physical money from them, it is easy to measure how much they owe.
