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What else can I help you with?
Can a debt collector repo your car is they are not lienholder on title?
No. To be able to repossess any of your property, they must hold a lien on it. If they have no lien on it, they have no right to repossess. Their only option is to take you to court.
Can a bank sue you after repossesion of a car?
After they repossess the vehicle they will sell it for whatever they can get. You are then responsible for the difference in what they sold the car for and the balance owed on the loan. If you do not pay this amount they will take you to court.
How is a court order obtained to repossess a car?
Your lawyer will help you start the procedure.
How can I legally repossess a car from my ex-partner?
To legally repossess a car from your ex-partner, you must follow the laws in your state regarding repossession. Typically, this involves providing notice to your ex-partner, obtaining a court order if necessary, and working with a repossession company to take possession of the car. It is important to consult with a legal professional to ensure you are following the correct procedures.
You want to take the car from the co-owner?
The best way to take the car from the co-owner is to have the car refinanced alone. Once the care is solely in your name, you can repossess the car.
If a creditor garnishes wages for debt can they take your car?
If the debt is on the car, or the car was used as collateral for the loan, YES they can repossess the vehicle!
How far behind in car payments must you be for gmac to repossess yhour car?
I think with any auto finance company you must be 90 days to 120 days delinquent on your loan before they start considering repossessing the vehicle. Beware, within that same time period, your car, truck, or etc.. will be repossessed.
Can a private party repossess a car without a written contract?
People known as Edc's may repo a car if they are in possession of an original court order from the bank
Can a bank report a car stolen if in default of payment?
YES, IF YOU CLAIM NOT TO KNOW WHERE IT IS. If you call the bank and say I dont know where the car is its gone, they are going to tell you to report it stolen. If you stop making payments on it then they will repossess, if there is no car to repossess then you are still responsible to pay the monthly payment car or no car If you stop paying and there is no car to repossess then they at that point can take legal action against you. I dont know if its reported stolen but take my word for it you will pay somehow.
Is a court order needed to repossess your car from your driveway?
In Wisconsin, yes. In LA., most of the time. In the other states, self help repossessions DO NOT require a court order.
Is it legal to go onto private property to repossess a car?
No, they are allowed to come and take it away.
How long does it take a loan company to repossess your car after it charges off?
2-5 months
