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That's not enough information. First, we're not lawyers, you'll need to explain things to a lawyer or go to the bank to see what's going on. Second, it all depends on what the original loan documents said. Once you're past due or in any way violate the terms of the agreement, they can take the vehicle and sell it. If you pay off the loan after that, it's possibly just a bonus for them. Remember that once you have defaulted on the loan, all bets are off and you don't have any real protection under the law.
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Can a creditor garnish your wages for a vehicle that they have repossessed?
Yes. There's a process they have to follow, which includes getting a court judgment against you. If you don't hold to that judgment (which is usually paying back the money owed), they can ask the court to garnish your wages.
What is Maine state law on repossession of a vehicle?
Must provide debtor with a 14 day notice to cure. Allowing debtor to pay all back money owed. Repo must be peaceful aka no enrty to a home no public disturbance ect. Creditor must hold vehicle 14 days after repo to give debtor opportunity to pay missed payments and fees associated with the repo. Creditor must provide debtor with notice of intent to sell vehicle. Any proceeds of sale go to pay the balance of the loan. Licsense plates and personal property remain with debtor
What can the buyer do when they have reached an agreement with the creditor to recover a repossessed vehicle but the repossession company refuses to return personal items or release the vehicle?
Take them to court. * It is possible they are within their legal rights to hold the vehicle and its contents if a replevin order or other court order is in effect. Often the lender's agent cannot release the vehicle until they are informed by the lender that all the reaffirmation documentation has been finalized including checks clearing, insurance confirmation and so forth.
The circuit court sent garnishment payments they received to the creditor after the date they filed the hold on the garnishment due to bankruptcy should I get that money back?
It's not your money any more. The bankruptcy trustee may be able to get the money if the amount was high enough, since it is a preference, but not you.
When a repossession notice has been issued for a motor vehicle can the registration be renewed and if the car is pulled over by the police will the police hold the car?
A "repossession notice" is a civil matter. A police oficer cannot hold the vehicle for repossession. Unless, there has been a court proceeding and the judge has ordered the vehicle held if stopped. A repossession notice also cannot stop the registration of a vehicle.
How long should a vehicle's AC system hold a stable vacuum after the refrigerant has been recovered?
About 30 minutes
How long should a vehicle's air AC system hold a stable vacuum after the refrigerant has been recovered?
15 minutes
How long does a creditor have to go after someone to collect a medical bill in Ohio?
I believe in Ohio a medical creditor can attempt to collect a bill for 7 years. However, they can hold onto the account as long as they decide.
Can an attorney hold monthly settlement checks made out to his client if that clients still owes his attorney a balance?
Unless the attorney has been named the trustee of the settlement account, I would not think so. He can't extort the money from you by unlawfully depriving you of property to which you have a legal right. If you owe him money and he is holding your checks, how the heck does he expect you to pay him if he doesn't give you the money from the settlement? All that aside though, if you owe him money, he will have to go to court and file a lien against you just like any other creditor.
Can you write a check against money on hold?
No. The money on hold is not available to you for any reason until the hold is released.
How does a Michigan company repo a car in South Dakota?
The creditor is the one who repossesses the car. They simply hire an agent in the area to do the repo. As long as they hold the lien, they're the rightful owners of the vehicle, and have a right to reclaim their property, even across state (and even international) boundaries.
What limits the impact of vehicle balance on vehicle stability during emergency vehicle maneuvers?
thresh hold braking
