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What else can I help you with?
What happens if judgment entered for car repossession in Texas?
It goes through a legal process, and if you fail to get your vehicle back, it will be auctioned of to help fund the government.
Is it legal to keep a vehicle in my garage to avoide repossession?
No, it's NOT legal.
What will happen when a loan on a motorcycle has been defaulted and the finance company will not reprocess it?
If guess you mean "refinance" when you say "reprocess", the answer is repossession. Loans in DEFAULT are subject to repossession of the collateral and payment of the balance owed by voluntary or legal means.
Is it legal to threaten aBorrower in Florida with legal or criminal action by repossession agents?
Legal action is permitted, criminal action is not.
Can property in a home be repossessed without authorization?
No, property in a home cannot be repossessed without authorization. Typically, repossession requires a legal process, such as a court order, which gives the creditor the right to reclaim the property due to default on a loan or lease. Unauthorized repossession can lead to legal consequences for the party attempting it. Always consult legal advice for specific situations relating to property and repossession.
Is it legal for the owner that financed your car hold your personal belongings until damages to car are paid before repossession?
NO, it is NOT legal.
Can you collect a repossession fee if you do not send a pre repossession letter in Maryland?
In Maryland, a repossession fee cannot be collected if a pre repossession letter was not sent to the debtor. The letter is a legal requirement that must be provided before repossession can occur, and failure to send it could invalidate the repossession.
What if the repo is on someone elses property?
If a repo (repossession) occurs on someone else's property, it can lead to legal complications. The repossession agent must have the right to access the property and may need permission or a court order if the property owner does not consent. Trespassing laws may apply, and the property owner could potentially take legal action against the repossession company. It's important for repossession agents to understand the legal requirements and limitations in such situations to avoid disputes.
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.
What is legal during a car repossession in Ohio?
NONE OF THE ABOVE. Call an attorney ASAP.
Can repossession happen for being 10 days late on a payment?
Repossession can happen any time after a payment goes late; it all depends what the initial contract states.
If your car has your mothers and your name on the title but she is deceased how does this affect you if it is repossessed?
Goes on your credit as a repossession.
