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If a spouse's car gets repossessed after their death does it affect your credit rating?
If your name was on the note, yes.
What can you do if your home gets repossessed?
Get a job
If you cosign on a loan and they don't pay the bill and the car gets repossessed are you able to go after the primary debtor in court to make them responsible for any outstanding debt?
No. You cosigned on the loan. You are the bank's back-up payment if the first person defaults on payment and you become responsible. That is why it is very important that you trust the person you cosign for or you have the funds to pay for the car if they default. If you pay for the car, it becomes yours. Before it was repossessed, the bank should have notified you in writing. Then you have the option to take the car and pay for it. Both credits will by hurt substantially.
Does your credit report get worse if you max out a credit card?
Your credit score gets lower.
What are the repercussions if you have a title loan out with a company and your car gets repossessed and can this affect your credit?
Any type of monetary loan agreement you enter into makes you liable to the terms you signed on for. The car being repossessed is not a good thing. More than likely they will report you to the 3 top credit agencies and a mark will be on there in a number depiction to indicate how many times, months and amount defaulted on. You will likely have problems getting decent credit in the future with low rates and dont be surprised if your turned down for any credit, either. Well, this is my advice, create a budget for your finances, stick to it, live within your means, pay for items cash so you dont create more credit and see if there are any seminars in your area for financial planning or how to live moderately.
If a spouse's car gets repossessed after their death does it affect your credit rating?
If your name was on the note, yes.
What bad things go on your credit history if a vehicle is repossessed?
Slow pay, repo, and it gets worse from there.
What happens to your credit if your car gets repossessed?
Your credit is severely damaged. Stays on your credit report for 7 years. Don't let this happen. Contact the lender and work something out.
What can you do if your home gets repossessed?
Get a job
What to do if your car gets repossessed in SC?
walk
Can a transfer of responsibility be made after car is repossessed?
No. Your car gets repossessed, it's on you. You don't get to pass that on to someone else.
If a person gets their repossessed car back within a certain amount of time can the bank report it on their credit in Arizona?
If a person's car gets repoed, the bank can report it on their CR in any state. When they redeem it doesnt matter, its the fact that it got repoed that gets reported.
If you pawn a vehicle and it gets repossessed will this hurt your credit?
IF the lender reports it to the CRA, it will. FWIW, title pawn lenders USUALLY dont report it. Too much work and paperwwork for them. LOL
What are the release dates for Hollywood Is Hard - 2011 The TV Gets Repossessed 2-8?
Hollywood Is Hard - 2011 The TV Gets Repossessed 2-8 was released on: USA: 2012
If you cosigned for a vehicle with your husband before you were divorced and are now divorced and the vehicle is repossessed can you be charged with grand larceny?
Typically, if you are a cosigner on a vehicle loan that gets repossessed, you are still responsible for the debt, regardless of marital status. However, being charged with grand larceny would depend on the specific circumstances and laws in your jurisdiction. It is best to consult with a legal professional for personalized advice.
If your car's repossessed and they take it to an auction do you have to pay anything and how long will it be on your credit?
You dont HAVE to pay anything. You may not get credit in the future because you dont pay. It will be on your CR usually for 7 years. Depending on where you live, if the lender gets a judgement, they could garnishee your wages.
Can you retrieve personal belongings from a repo car?
Yes you can retrieve personal belongings from your car if it gets repossessed. By law you are allowed 7 days after your car gets repossessed to retrieve your personal belongings.
