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If you stop making payments, the loan is in default. Loans in default get repoed. Loans in default that are out of state get repoed. Cars dont fall off the face of the earth. You will not get arrested by the police or stopped by the police.THis is a civil matter not a criminal one.
What else can I help you with?
Can you have your bank stop automatic payments?
Yes, you can request your bank to stop automatic payments by contacting them and providing the necessary information to cancel the recurring payments.
Will getting a new debit card stop recurring payments?
Getting a new debit card may stop recurring payments if the old card is linked to the payments. You will need to update your payment information with the companies that you have recurring payments with to ensure they continue uninterrupted.
Does a short sale happen when I stop making mortgage payments?
No. A foreclosure is what happens when you stop making mortgage payments. A short sale must be discussed and negotiated with the lender. In that case the lender agrees to accept the proceeds of a sale of the property even if they fall short of what is owed on the mortgage. They agree to forgive any remaining balance on the loan. It is a way to avoid a foreclosure. Not all lenders will agree to a short sale.
Do you owe the bank anything if you stop making mortgage payments?
If the bank loaned you the money for the morgage and have not repaid it all then yes you do. Or any other outstanding debts you may have with them
Can I voluntarily default on my 401k loan?
No, you cannot voluntarily default on your 401k loan. If you stop making payments, it will be considered a default, which can have negative consequences on your finances and retirement savings.
What age can you stop payments daughter she is 18 now?
When she has a job. Payments stop in accordance with the language of the court order and/or the laws of your State.
How do you stop child support from taking your tax refund?
By keeping your child support payments current - and by making sure the State knows that they're current!
If a car was not included in your bankruptcy but you later change your mind and decide to stop making payments can the lender have a judgment issues for the balance?
I DO NOT KNOW WHAT STATE YOU ARE FROM OR WHAT ATTORNEY YOU HAD. I KNOW MY CAR WAS LISTED AND I MADE PAYMENTS... BUT I KNOW THAT IF I MISSED PAYMENTS, THEY WOULD TAKE MY CAR... SO,NO...IT IS ILLEGAL FOR THEM TO ASK YOU FOR ANY PAYMENTS AT ALL. HOPE IT HELPS?!
Do you have to file a petition to stop child support or does it just stop?
Payments stop in accordance with the language of the court order and/or the laws of your State.
If i stop making payments on a camper my dad had in his name only and he died what can the finance company do to me?
Repossess it
Does a person get to stop making student loan payments when they turn 65?
if they have paid the loan off they do.
What are the consequences if a person quits making payments and the car is in your name?
If your name is the borrower name and someone else is making payments and they suddenly stop; then the car will eventually get repoed and it will show on your credit report.
You stop making payments and they come get the car can they take you to jail for not making the payments?
No, once the car is repossed by the seller, you will not be arrested but the company will often resale the car at auction and can sue you for the remainder of what you owe including interest.
Your child support is not court ordered can you stop making paying when the child reaches the legal age of majority?
Generally child support payments go to the time of state- maturity of the child, which is 18 in most jurisdictions.
When will they stop making state quarters?
The last state quarters were released in 2008.
If the child visits for the summer does child support stop?
That is dependent on the individual state, and whether an adjustment was made to the overall payments to account for this. In California they would not stop because the payments are adjusted downward to account for time spent in the care of the obligor parent, but in Missouri, after 30 days child support enforcement can be notified, who will confirm and adjust payments. In most state, they do not stop without a court order. see links below
Can your spouse stop you from making child support payments?
Your spouse has no authority to over-ride a court ordered child support.
