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Repossession

Seizure of property bought on credit for which loan payments are not being received. Please note that when asking a car repossession question, it is often useful to include the state that you live in. This will enable people to give you better answers.

11,694 Questions

What is the average payment for a car from drivetime?

The average payment for a car from DriveTime typically ranges between $300 to $500 per month, depending on various factors such as the vehicle's price, down payment, loan term, and the buyer's credit profile. DriveTime specializes in providing financing options for individuals with less-than-perfect credit, which may influence the overall payment terms. For the most accurate estimate, it's best to consult directly with DriveTime or use their online tools to calculate specific payments based on your situation.

Is the co signer estate responsible after death of two years in California?

In California, a co-signer may still be held responsible for a debt after the death of the primary borrower, regardless of how much time has passed since the borrower's death. If the deceased's estate does not have sufficient assets to cover the debt, creditors may pursue the co-signer for repayment. However, if the debt was discharged in bankruptcy or if the statute of limitations has expired, the co-signer may not be liable. It's important to consult with a legal professional for specific situations.

Can osha enter private property?

Yes, OSHA (Occupational Safety and Health Administration) can enter private property, but typically only if there is a valid reason, such as an employee complaint, a workplace incident, or a scheduled inspection of a high-risk industry. Employers must generally allow OSHA access to their premises; however, they can request a warrant if they believe the inspection is unjustified. Inspections are conducted to ensure compliance with safety regulations and protect worker health.

What is aSuffex for notify?

The suffix for the word "notify" is "-fy," which is derived from Latin and means "to make" or "to do." In this case, "notify" means "to make known" or "to inform." The root word "not" relates to knowledge or awareness, so "notify" essentially conveys the action of making someone aware of something.

Can you get arrested on private property?

Yes, you can be arrested on private property if law enforcement has probable cause to believe you have committed a crime or if you are violating the law. Property owners can also request that you leave their property, and failure to comply may lead to trespassing charges. However, police must typically have permission from the property owner to enter unless they are in hot pursuit or responding to an emergency.

What are transfer payments?

Transfer payments are payments made by the government to individuals or groups without any exchange of goods or services. They are typically used to provide financial assistance or support, such as unemployment benefits, Social Security, and welfare programs. These payments aim to redistribute income, reduce poverty, and stimulate economic activity by increasing the purchasing power of recipients. Unlike government spending on goods and services, transfer payments do not directly contribute to the production of goods in the economy.

What is The document used to advise customers that they owe a company money for a sale?

The document used to advise customers that they owe a company money for a sale is called an invoice. An invoice outlines the products or services provided, the total amount due, payment terms, and any applicable taxes. It serves as a formal request for payment and is essential for both record-keeping and financial tracking.

Can a repo open YOUR gate while you are not home?

Yes, a repo agent can open your gate if they have the legal right to repossess your vehicle and if it's necessary to access the vehicle. However, they must typically follow local laws and regulations regarding repossession, which may include notifying you or obtaining permission. It's important to note that trespassing or damaging property during the process can lead to legal consequences for the repo agent. Always check your local laws for specific guidelines on repossession practices.

What does in full and final payment mean?

"In full and final payment" refers to a settlement agreement in which a party agrees to accept a specified amount as complete payment for a debt or obligation, thereby relinquishing any further claims related to that debt. This term is often used in legal and financial contexts to signify that once the agreed amount is paid, no additional payments will be required, and the matter is considered resolved. It provides certainty for both parties and prevents future disputes regarding the same obligation.

Upon resignation can an employer garnish wages from last check if money is supposedly owed to them and how can you protect your check?

In most cases, an employer cannot garnish wages from your final paycheck without a court order, even if they claim you owe them money. To protect your final check, ensure you have documentation of your employment, any agreements regarding deductions, and any disputes about owed amounts. If you believe the employer is unjustly withholding pay, you can file a complaint with your state’s labor department or seek legal advice. Always keep records of your pay and any correspondence with your employer regarding the issue.

How do you report a stolen item from your bag?

To report a stolen item from your bag, first contact local law enforcement to file a police report, providing them with as many details as possible about the item and the circumstances of the theft. After that, notify your bank or credit card companies if any financial items were stolen to prevent fraud. Additionally, consider reporting the theft to your insurance company if you have coverage for stolen personal belongings. Lastly, document everything, including the police report number and any communication with authorities or companies involved.

What states require a right to cure letter after repossession?

Several states require a right to cure letter after repossession, allowing borrowers a chance to redeem their property before it is sold. These states include California, Georgia, and Texas, among others. The right to cure laws vary by state regarding the notice period and the specific requirements that must be met by the borrower to regain possession. It is essential for borrowers to check their state's regulations for accurate procedures and timelines.

Why want ally work with customers after voluntary repossession instead of suesing them?

Working with customers after voluntary repossession fosters a positive relationship and can lead to better outcomes for both parties. By collaborating, companies can help clients understand their options, potentially recover some losses, and maintain customer loyalty. Suing customers can damage reputations and alienate them, while supportive engagement can encourage responsible financial behavior in the future. Ultimately, it promotes a more sustainable and compassionate business model.

In most states nonresidents have to pay higher fees to do what and why is that?

In most states, nonresidents typically have to pay higher fees for activities such as hunting, fishing, and accessing state parks. This is primarily because these fees help fund conservation efforts and infrastructure that benefit local residents who contribute to the state's economy through taxes and other means. Higher fees for nonresidents also serve to manage demand for limited resources, ensuring that local populations have better access to these activities.

How do you garnish someone's wages in GA?

In Georgia, to garnish someone's wages, a creditor must first obtain a court judgment against the debtor. After securing the judgment, the creditor can file a garnishment action with the court, serving the debtor's employer with the appropriate legal documents. The employer is then required to withhold a portion of the debtor's wages and send it directly to the creditor until the debt is satisfied or the garnishment is lifted. It's important to follow legal procedures carefully, as there are specific limits on the amount that can be garnished from wages.

What paperwork is required for FAMU?

To apply to Florida A&M University (FAMU), prospective students typically need to submit an application form, official high school transcripts, standardized test scores (like SAT or ACT), and a personal statement or essay. Additionally, for transfer students, college transcripts from previous institutions are required. It's advisable to check FAMU's official admissions website for any specific requirements or updates.

Do garnished wages appear on W2?

Garnished wages do not specifically appear on a W-2 form. The W-2 reports an employee's total earnings, taxes withheld, and other compensation-related information for the year. However, the amount that has been garnished from an employee's wages is not itemized; rather, it is reflected in the net pay amount after deductions.

What do you call a person who is owed money?

A person who is owed money is commonly referred to as a "creditor." This term applies to individuals or entities that have lent money or extended credit and are entitled to receive repayment. In a broader sense, they can also be called a "lender," depending on the context of the financial transaction.

What is unapplied payments?

Unapplied payments refer to funds received by a business that have not yet been allocated to a specific invoice or account. This situation often occurs when a customer makes a payment but does not specify which invoice it corresponds to, or when the payment amount exceeds the invoiced amount. These payments remain in an unapplied status until they are matched with the appropriate charges, which can lead to accounting discrepancies if not addressed promptly. Proper management of unapplied payments is essential for accurate financial reporting and customer account management.

Can NC garnish my wages for a repo on a car?

Yes, in North Carolina, a creditor can garnish your wages for a debt related to a car repossession, but there are specific legal steps they must follow. Typically, they would need to obtain a court judgment against you for the debt before garnishment can occur. However, North Carolina has limits on how much can be garnished from your wages, protecting a portion of your income. It's advisable to consult a legal professional for guidance on your specific situation.

Does there have to be a court order for a vehicle to be repossessed in Texas?

In Texas, a court order is not required for a vehicle to be repossessed, provided the lender has the legal right to do so under the terms of the loan or lease agreement. The repossession must be conducted without breaching the peace, meaning the repossessor cannot use force or threats. If the borrower contests the repossession, they may seek legal recourse, but the lender can still reclaim the vehicle as long as they follow the law.

Who gives zakah payments?

Zakah payments are obligatory almsgiving in Islam, required of Muslims who meet specific criteria concerning their wealth. Eligible individuals include those who possess a minimum amount of wealth, known as nisab, and are of sound mind and age. Zakah is typically paid by Muslims annually and can be given directly to those in need or through charitable organizations. The payments are intended to support the poor, alleviate suffering, and promote social equity within the community.

Do they still sell pokedolls?

Yes, Pokedolls are still being produced and sold by The Pokémon Company. These plush toys feature various Pokémon characters and are popular among fans and collectors. You can find them in official Pokémon merchandise stores, online retailers, and at various events like Pokémon Center locations. Availability may vary depending on the specific Pokémon and the retailer.

A company charges a 25 fee plus 1.15 per mile to tow a car A car is towed to a local repair shop and the owner is charged 48.00 How many miles was the car tiwed?

To find the number of miles the car was towed, we can set up the equation based on the company's charging structure. The total charge is $48.00, which includes a $25 fee plus $1.15 per mile. Subtracting the fee from the total gives us $48.00 - $25.00 = $23.00. Dividing this amount by the cost per mile, we have $23.00 / $1.15 = 20 miles. Therefore, the car was towed 20 miles.

Reinstate after car repo Ontario?

In Ontario, if your car has been repossessed, you may have the option to reinstate the loan by paying the total amount owed, including any fees. You typically have a limited time to do this, often up to a few days after the repossession. To reinstate, contact your lender directly to discuss your options and payment arrangements. It's important to act quickly to avoid losing the vehicle permanently.