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What else can I help you with?
Can you remove a repossession off your credit report if your cosigner has a judgment on the repossession?
No you cannot remove a repossession off your credit report if your cosigner has a judgement on the repossession.
What will a repossession do to your credit report?
A repossession is a serious negative and will drop your scores.
How much does a repossession agent make?
How much do repossession agents commonly make?
Will a voluntary repossession from your spouse affect your credit?
Yes, but perhaps not as adversely as an involuntary repossession.
What are the FHA auto repossession guidelines?
The FHA does not have specific guidelines for auto repossession. Auto repossession is typically governed by state laws and the terms of the loan agreement between the borrower and the lender. It is important to review the terms of the loan agreement and consult with legal counsel if facing auto repossession.
Does a voluntary repossession affect credit the same way as a reposession?
Yes, there is no difference. A repossession is a repossession.
How will a voluntary repossession affect your purchasing a car within a year from the voluntary repossession?
A repossession is a repossession, no matter if it is voluntary or not. Your credit will be ruined for 7 years.
Can you remove a repossession off your credit report if your cosigner has a judgment on the repossession?
No you cannot remove a repossession off your credit report if your cosigner has a judgement on the repossession.
What are the auto repossession laws in Montana?
In Montana, auto repossession laws allow lenders to repossess vehicles if the borrower defaults on their loan, typically without needing a court order. However, repossession must be conducted without a breach of peace, meaning the repossession agent cannot use force or threats. Borrowers have the right to redeem their vehicle by paying the outstanding debt, including fees, before it is sold at auction. Additionally, lenders must provide notice to the borrower after repossession, informing them of their rights and the next steps.
What is repossession insurance?
Wrongful repossession insurance??? Coverage for when the Repossession Agency wrongfully recovers an asset for a myriad of reasons.
Does the repossession company have to report the repossession to the police after the repossession?
I only know about the state of Massachusetts. And yes in our state they have one hour to report the repossession to the police department in the town of which the car was taken.
How late can a vehicle payment be in Virginia before repossession?
I am a repossession agent in Virginia it takes 2-3 months of not paying before the repossession status occurs.AnswerI am a repossession agent in Virginia it takes 1 missed payment then repossession status occurs.
How do you write a car repossession letter?
How do you write a car repossession letter?
What will a repossession do to your credit report?
A repossession is a serious negative and will drop your scores.
What is the law for Texas repossesion?
In Texas, repossession laws allow a lender to reclaim a vehicle or property if the borrower defaults on their loan, without needing a court order. The repossession must be conducted without "breach of the peace," meaning the repossession agent cannot use force or threats. Borrowers have the right to reclaim their property by paying off the debt, including any fees, before it is sold at auction. Additionally, lenders must notify borrowers of the repossession and provide information about how to retrieve their property.
Is a voluntary repossession better than a repossession?
neither looks good on your credit.
How much does a repossession agent make?
How much do repossession agents commonly make?
