Repossession

This depends on where you live. In Florida and California, you have to be certified by the state. State permit etc. Other states, mostly wide open. It's NOT a very regulated industry yet. In California you must be employed by an agency that is already licensed by the state. You must then be registered as a repossessor employee for at least two years before you can qualify to take the state test to become a qualified manager. All agencies must have a qualified...

The Correct : Most Finance Companies make this very difficult. 1)Take the vehicle to the manufacturers nearest dealer for a service appointment. Leave the car there. Remember the Service Reps First and last name. 2)Contact the finance company and let them know what dealership the vehicle is at. 3)Notify the finance company that you would like to have your vehicle voluntarily repossessed and to pick it up directly from the dealer. Reference the Service Reps Name and write down the the customer service reps full...

The majority of car dealerships across the United States do not have a three day return policy or cooling off period on new or used car purchases. "Buyer's Remorse" will not be enough to get you out of a vehicle purchase or return a car to the dealer. Is an emotional response from a car buyer during or after buying a new or used car. Buyer's remorse can be feelings of depression, anxiety, fear or regret. Car buying tip: Car salesman are...

Any activity that results in the recovery of the wanted vehicle is legal, provided the peace is maintained and there is a perfected lien-holder, and that lien-holder has issued a legal order for repossession. There are minor specifics for each state, and some for specific metropolitan areas. These make it difficult to give a succinct answer for such a broad question. The above is correct, but it doesn't solve your problem. If you bought it at a "buy here, pay here" lot, TALK...

A vin number on a car can tell you a number of things about a car , whether it is a 4, 6 or 8 cylinder, it can tell you about the interior of the car, or the if it is a classic or tire size but im pretty sure that a vin number doesnt have the state of where it is from, my advice to you would be to do a little research about the last owner and start...

Repo on Your Credit It stays on your credit report for 7 years to the day the loan became delinquent. Say you made your last complete up to date car payment August 15, 2001 and you fell behind about a month after that staying one month behind until December when you missed another payment becoming 2 months behind. The repossession then occurred in January 2003. This will stay on the credit report until September of 2008 for that 7 year period, regardless of when...

There are two possible things you can do: 1. Sand the area, then lightly spray your color over it. With newer cars with clear coat, you'd have to also spray a layer of clear coat over the touch up job to make it match. 2. If the nick is small enough, you can take a fine tip brush and brush your touch up paint over the nick. If the paint job has aged, due to oxidation, touch up paint may not match...

A creditor must sue in civil court, obtain a judgment and then request a judgment lien that can be recorded in the land records. A judgment can be rendered for different types of debts such as default on a promissory note, credit card debt, personal injury award, wrongful death, etc. Once a judgment lien is recorded in the land records the property cannot be sold or mortgaged until the lien is paid off. Interest begins to accrue as soon as the favorable...

Intervals Here is what I recommend for maintenance intervals. There are exceptions to all of these including severe duty, which most northern cars fall into. Change Transmission filter-30,000 miles, 90,000 and 150,000 miles and fluid at 60,000, 120,000 and 180,000 miles. Change oil every 3,000 miles or 3 months, unless you use Mobil One, in which case 6 months/6,000 miles. Chassis lube every 3,000 miles, assuming there are fittings. Spark plugs: Conventional plugs: 30,000 miles, Double platinum: every 50,000 miles (100,000 mile plugs are best to...

It varies from state to state, but in your case about 10 to 14 days. Its time of process is counted on importance. ...

Depending on the state, it can be downright illegal to repo your car if you object, unless it is by a sheriff (see: New York). In almost all states, it is illegal to tow a vehicle with someone inside it. A court order would be necessary to deal with such a repossession. No matter what, you aren't keeping the car, you're just delaying the inevitable you signed onto something you couldn't afford. It likely a criminal to tow (leave the scene) the...

Georgia's Repossession Laws TITLE STATE: Yes SECURITY INTERESTS: Shown on title held by lien holder. LICENSE REGISTRATION: Georgia Motor Vehicle Division, 270 Washington Street, Atlanta, Georgia 30334. Tel: (404)362-6500. RECOVERY REQUIREMENT: As per UCC, repossession allowed without committing a breach of the peace. Plates no longer remain with the vehicle in Georgia, they are issued to the person now and are transferrable. Repossession Actions Your car can be seized by the repo company as soon as you are notified that you are in default of your...

Call DCA's Consumer Information Center toll-free at 1-800-952-5210. In the Sacramento area call (916) 445-1254. ag.ca.gov they can tell you what the requirements are for towing impounds. If you want to know what happened to the car, just call the police department that had it picked up and I'm pretty sure they'll let you know, but only if you're the legal owner. ...

Any time you borrow money to buy a car, you should know that: The lender can repossess if you miss a payment or for any default (a violation of the contract). The lender can repossess without advance notice. After car repossession, the lender might be able to accelerate, meaning the lender can require the borrower to pay off the entire balance of the loan in order for the borrower to get the vehicle back. The lender can sell the repossessed vehicle at auction. The lender...

Here is a variety of advice: If I were you I would check out your county for repossessions to be sold they generally sale for 2/3 of the loan value. I would NOT buy a car that has been repoed. Simple logic tells me that the driver was NOT doing ANY repairs or even oil changes, before it got pulled away. In my years of experience doing vehicle repos, (yes I do know what I am talking about here) the number...

Yes, your car will be sold and if the price they sell it for is less than the balance left on the loan, plus the repossession fees, you will be responsible for that difference and will have to pay it. ...

Examples of computation methods include the following: The most common credit card balance calculation method credits your account from the day payment is received by the issuer. To figure the balance due, the issuer totals the beginning balance for each day in the billing period and subtracts any credits made to your account that day. While new purchases may or may not be added, depending on your plan, cash advances typically are included. The resulting daily balances are added for the billing...

Title insurance rates vary from state to state and market to market. In some states, the fees are set by the AGENT, and are market competitive -- they may be negotiated by the Agent. In other states, the rates and fees are regulated by that state's Department of Insurance and the fees may not be negotiated - higher or lower than the regulated fees. In both cases, the premium fees are calculated on a per $1000 rate. That rate is then...

You may have a certain right, known as a right to cure, whereby you are given a grace period to resume the original contract (cure the default) with the finance company. In Pennsylvania, for example, your repossessed vehicle may go on auction after 15 days following notification that it will be sold at auction. To resume the original contract (curing the default), you bring all past due balances up to date including, at the finance companies discretion, any fees associated with repossessing...

Legally someone born Thursday could get a naval ring, tongue piercing or other body modification. It's something lawmakers are talking about and parents might want to know. Iowa law says you have to be at least 18 to get a tattoo. But piercings? There is no age requirement. ...

Lemon Vehicles States with lemon laws allow the owner a refund or replacement when a new vehicle has a substantial problem that is not fixed within a reasonable number of attempts. Many specify a refund or replacement when a substantial problem is not fixed in four repair attempts or the car has been out of service for 30 days within the first 12,000 miles/12 months. If you believe that your car is a lemon: Contact your state or local consumer protection office...

Check out the tax laws. If you are a sole proprietor, you may be able to write off mileage, which would be the simple thing to do. If it were me, I would avoid the crossover of personal assets with business assets. ...

As of today, July 2009, no air cars are on the market yet. There is however a French company, MDI, that has its prototypes, after 15 years of research and development, ready for final tests at the Air France air line facilities this summer. Their first model, the Airpod, is expected to be massproduced from end of 2009 on, in France and Andorra and in 2010 in Switzerland and probably elsewhere also. Zero Pollution Motors ltd intends to build and sell MDI...

No, they cannot.

A co-signer is equally responsible for paying the debt for which they co-signed. That is the reason a lender requires a co-signer. The lender would not have loaned the funds to the primary borrower unless someone else guaranteed the loan. ...