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Is it legal to repossess a vehicle for late fees and not regular vehicle payments?
Wiki User
∙ 16y ago
Yes. Any amounts owing.
Wiki User
∙ 16y ago
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Is it legal to repossess your work truck when you are self-employed?
Yes, if you are not making the payments the bank can repo your truck.
Is it legal to repossess a car in Texas if you are a single parent and this is your only means of transportation?
I'm not an attorney, but common sense would say everybody has to pay their bills, not just married parents. If you aren't making the payments, it is not your vehicle, and therefore, the legal owner has legal rights.
In Florida is it legal for a company to repossess your vehicle if that is your only means of transportation to and from work?
YES,its legal in every state.
Is it legal for a car dealer to repossess a vehicle after 27 days late on payment?
Depends on your jurisdiction. If you're late on a payment for just 1 month, it's legal for the car dealer to repossess your vehicle, but 27 days seems a bit uncalled for.
Is it legal for the lender to repossess a vehicle after you made arrangements and they accepted a payment?
it is legal, until it is paid for 100% and you have a title it belongs to them.
Can your car be repossessed if there is not a lien on your car you were not behind on your payments?
If you have no lien on your vehicle then no one has a legal right to repossess it. If you're not behind on the payments there would be no reason for the lender to reprocess the car in the first place. It is hard to believe you have a loan on a car without a lien. The car stands behind the loan. If there's no lien on the vehicle then the car is not involved in the loan and cannot be repossessed.
Is it legal for a dealership to repossess a vehicle that was not financed only a bank error without letting you correct the problem?
YES
How do you get a legal order to repossess a vehicle in Oregon?
Present proof of your ownership and the lien contract to court and get a repossession order.
Can title loan company repossess your car in another state?
Yes. The lienholder is the rightful, legal owner of the vehicle, and can take possession of that vehicle anywhere.
Is it legal to repossess a car in Michigan from a repair shop?
Yes. A lienholder is the lawful and sole owner of that vehicle, and it doesn't matter where they repossess it from, so long as they do it in accordance with state laws for repossession.
Can a private seller repossess a car?
If the terms and agreements of the sale is not met legally yes they can if they have retained their legal title to the vehicle
Is it legal for a co-signer to reposses the vehicle that is financed through a bank?
I don't think so. The co-signer is not the registered owner and has no claim to the vehicle. Only the bank or the loan company (which lends the buyer the money and holds the vehicle title until it's paid for) can repossess. The co-signer just guarantees the loan. If the buyer defaults, the bank will come after him to make payments.
