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What is statute of limitations for car purchased 2003 and repossessed mid 2005 at borrower request?
If by "statute of limitations" you mean how long will you be responsible for any unpaid balance, that would be seven years from the date of last payment. If in the likely event that the lender obtained a judgment against you for the unpaid balance, that time limit will increase to ten years from the date of last payment. If the lender is not able to recover the unpaid balance in that time, he may petition the court for a ten year extension.
What else can I help you with?
How long does it take for a car to be repossessed after the request was made to repossess it?
The time frame depends upon the lender. Regardless of whether the repossession is voluntarily done by the borrower or a forced repossession by the lender the consequences remain the same. The borrower will be responsible for any deficiency between the amount that the repossessed vehicle is sold for at public auction and the remaining balance on the loan agreement including added fees and penalties. The respossession will also remain on the borrower's credit report for the required 7 years. Be advised, a lender has no legal obligation to recover the vehicle but can instead file a lawsuit against the borrower for the entire amount of the loan plus legal and other associated costs.
How can I request a 1095-A form?
To request a 1095-A form, you can contact the Marketplace where you purchased your health insurance. They can provide you with a copy of the form for tax purposes.
How do I request a 1095-A form?
To request a 1095-A form, you can contact the Marketplace where you purchased your health insurance. They can provide you with a copy of the form for tax purposes.
How do I request my 1095-A form?
To request your 1095-A form, you can contact the Marketplace where you purchased your health insurance. They can provide you with a copy of the form for tax purposes.
How can I request a refund for my Northlane concert ticket if I purchased it with a card?
To request a refund for your Northlane concert ticket purchased with a card, you should contact the ticket seller or the venue directly and provide them with your purchase details. They will guide you through the refund process, which typically involves filling out a refund request form and providing proof of purchase.
In 1867 US Secretary of State William H Seward purchased Alaska for?
It was purchased for $7.2 million.For the source and more detailed information concerning your request, click on the related links section (Answers.com) indicated below this answer box.It was purchased for $7.2 million.For the source and more detailed information concerning your request, click on the related links section (Answers.com) indicated below this answer box.It was purchased for $7.2 million.For the source and more detailed information concerning your request, click on the related links section (Answers.com) indicated below this answer box.It was purchased for $7.2 million.For the source and more detailed information concerning your request, click on the related links section (Answers.com) indicated below this answer box.It was purchased for $7.2 million.For the source and more detailed information concerning your request, click on the related links section (Answers.com) indicated below this answer box.It was purchased for $7.2 million.For the source and more detailed information concerning your request, click on the related links section (Answers.com) indicated below this answer box.
Clear car title car for repossessed car?
098765445436376547274574 After the vehicle is repossessed and the lien holder (lender) has physical possession of the vehicle (after following state law requirements) they would simply request, and pay for a new title at a cost of a few dollars, and upon proper proof of a proper repossession.
I have a borrower who was denied last year by a lender. The lender will not release a copy of the MCAW for my lenders file. What can I do to get this lender to release this.?
Have the borrower request in writing to have their file released to --you -your busines name,address, phone ,cell immediately-if they are in the same city-have the borrower go get it or you go to their office After politely seeing if they just got a fax from THEM_and they will be verifying they got the faxed letter--and you will say-Good--can I come and get it ____Xtime--orNOW? and GET IT.
Will sending a finance company a cease and desist letter allow someone to keep a car?
No. A C&D letter is simply a request to cease contact. The vehicle can legally, and probably will be repossessed.
What type of services can be purchased from the ThinkVantage website?
There are many services that can be purchased from the ThinkVantage website. One could obtain drivers and software, find out information to diagnose and fix a product, or submit a repair request.
Can a borrower request to the lender to revise a temporary forbearance agreement to a more reasonable amounts for the borrower?
A borrower can make any request they like to their lender. The lender does not need to respond beyond acknowledging the request if that. Based on the question there is already a temporary forbearance agreement in place and the borrower is seeking to change the agreement. If that is accurate the borrower has already failed to live up to the original terms they agreed to when they took out the loan. They then agreed to new terms with the lender when the temporary forbearance was agreed. A third time around is going to send a message to the lender that the borrower is not in control of their situation or that they just cannot be trusted to perform as agreed. With that backdrop I would carefully think through why yet another deal needs to be struck. Maybe there really is a good reason. That information will need to be shared with the lender. Understand that the lender hears stories every day and some are lies or a con. If you want help you need to be very open with the lender as to what is going on and be prepared to convince the lender that you really can handle the payments if an adjustment is made one more time. While the lender is better off with a loan that is performing even on restructured terms at some point the lender needs to assume that some loans are really not going to get paid. At that point legal proceedings will begin.
Operators manual for American hunter game feeder?
This should have come when you purchased the product. If not, you can request one from the manufacturer or look online.
