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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

If your driver's license is suspended can your car be repossessed?

Not for simply having your licence suspended. Now, if you lose your job as a result of it, and are unable to make your car payments, then it can be repossessed for nonpayment.

What is a cure of selenophobia?

Selenophobia is literally a "fear of the moon"- I have a different kind of fear though closely associated with this kind of phobia, however a bit more complex.

Since I was young until now I love the moon, watching it and enjoying its mysterious glow of moonlight at night.

But I'm very afraid to sleep at night seeing the moonlight. I tend to be a lunatic covering my window with heavy curtain and another double layer curtain to make sure that not even one ray of moonlight can enter my room at night.

One early morning around 2:00 am I woke up seeing the light of full moon in my face, my house help actually open the curtains to let the cool wind enter my room. I panicked all sweating coldly and my whole body is trembling, I rush to my window closing the window pane and those layer of curtains. After that I just sat in my chair facing the window staring at my closed curtain, slowly I felt comforted not seeing any moonlight upon me, until Ive fallen asleep in my chair.

I'm not really afraid of the moon, but I'm only very much afraid of moonlights inside my bedroom shining on me before I sleep. I really don't know the meaning of this, until now i still fear moonlight when I'm sleeping.

Auto loan hasn't been made in over a year and lender has not contacted you what do you do?

Contact the lender immediately. Remember they will get their money one way or another. If more than a year past due on payments the vehicle has most certainly been charged off. You will need to make arrangements to pay the residual lest you wish to pay court costs on top in the long run.

When does coroner become sheriff?

Coroner will become sheriff when the sheriff dies or is arrested or relieved of his/her duty for what ever reason.

What number do you call for tow truck?

1-800-tow-truck........you are a loser if you continue reading this oh wait that's your moms job to tell you that you're a loser and your girlfriends oh wait you don't have one. you just got told. loser.

Vehicle repossession in Texas and wage garnishment?

TEXAS PROHIBITS ANY CREDITORS FROM WAGE GARNISHMENT...THEY DO NOT ALLOW IT...THE ONLY PEOPLE THAT CAN GARNISH YOUR WAGES IN TEXAS ARE STUDENT LOANS, IRS, CHILD SUPPORT....YOU CAN GOOGLE TEXAS WAGE GARNISHMENT AND PRINT OUT THE INFORMATION...

Can a repo man enter a yard that has a locked gate to get a vehicle?

No. However in most states it is a felony for someone to conceal a vehicle to prohibit a lender from repossesing it.

How can you get the cheapest car loan?

you have to ask banks

i know key banks min is like 5k

and the monthly payments will be low if you have amazing credit

How would a repo agent be able to disable your garage door opener?

One of the easiest things to do would be to tamper with the circuit breakers which are usually in an accessible area on the exterior of the house

My car's final payment is due on Jan 31st of this year what happens if I am unable to come up with the 1700 that is remaining by that date?

The contract will be in default and the lender may take steps to recover the debt owed.In such a case it is unlikely that the lender would repossess the vehicle. It would be in the best interest of the borrower to contact the lender before the due date and try to extend or refinance the loan.

What is cat d stolen recovered?

There are 4 category's of domestic vehicle write off, here in the UK. Category D covers vehicles recovered after the claim was settled. It also covers cars with minor damage that were still not worth fixing.

You can expect a third off the value due to the uncertainly this brings. When you come to insure the car they rarely ask for a vehicle report though, unlike with higher category's.

How can you get your debt lowered?

Getting your debt "lowered" can mean many different things. There are several different methods of reducing the total amount of money you must pay to payoff a debt. Options such as lowering your interest, debt management plans, debt settlement, and debt consolidation could "lower" the amount you pay towards your debt. Check out the links below for more detailed information on these topics.

There are many ways to lower your debt.

• One way, of course, to start curtailing your expenses and live only on the bare essentials for some time to help pay off your debt faster or find extra income by taking on an extra job.

• Another way to lower your debt is going cold turkey on the use of your credit card so that you don't incur any more debt on it.

• You could lower your debt by paying off the ones which have the highest interest rates first.

• You can also transfer your balance on to a new credit card which charges lower interest rates but make sure that company will not charge you higher rates in a few months!

• You can also negotiate with the credit card company which charges you the highest interest rates and request them to lower their rates. Most will agree especially if you have a good credit history for the past 6 months at least.

For more help, check the link below.

What is the legal age for a personal loan?

You can get Instant Personal Loan online. Today there are a lot of banks and NBFCs who are offering online loans, you just have to see which bank or NBFCs are giving in the best interest rate and are you fitting in their eligibility criteria or not.

Every banks are having their own eligibility criteria, here are some of the basic eligibility criteria list-

Age - Your Age should be 25 years to 60 years

Income - Your Income should be at least ₹400,000 p.a.

Employment - You should have been Employed fulltime for at least 2 years.

CIBIL - You should have a minimum of 750 CIBIL score.

What is an advance payment?

An advance payment is a part of a sum which is paid or received in advance for goods and services.

What is against the law in a repo?

WE ACTUALLY HAVE A REPO T.V. SHOW. IF YOUR GATE IS LOCKED THEY CAN'T ENTER. IF YOU GET IN THE CAR THE CAN'T TAKE THE CAR, THAT'S KIDNAPPING (BEING MOVED 3 FEET BEYOND YOU WILL). THEY CAN CALL THE POLICE. YES THE POLICE WILL BE ON THE SCENE WHILE THE REPO MAN DO HIS JOB.

Is their any penalty for a repo lease?

I would imagine there is. Lease is somewhat like a loan and I am sure there is a clause in there for repo, you are still the signer and anything that happens will fall on you to pay.

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