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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

Is it illegal for a repo man not to give his name if asked by the person whose car is being repossessed?

The repo-man doesn't have to give his name. He can only tell you which bank sent him & where you can pick up your car when bank okay's it

Where can you find an old mobile home chassis?

I have a 10x50 chassis, in so. calif.

Gary,951-678-4114

How much does an automobile weigh?

it depends what vehicle a truck can weigh more than a car. and a motorhome weighs more than a ford contour

Can a repo man take your car?

if you are late 15 days on your payment they can take your car away.

Material returned note?

is used to record any unused materials which are returned to stores. It is also used to update the stores records.

How do you locate a car tracker in my car?

To locate a tracker in your car first check for a few things, is there an external antenna anywhere, such as the roof of the car? If so you can follow the wire, which normally heads down the side of the windscreen on the passenger side and the box will be located behind the dashboard on the passenger side.

If not, search under the passenger seat, behind the dashboard near the pasengers feet, in the center panel behind the stereo or just under the stereo, or in the boot near the spare wheel.

Check all these places, the tracking units can range anywhere in size from a small mp3 player to the size of a DVD player.

Do note that most tracker devices have tamper proof seals on and once you start tampering with it it will store that information in the system ready for when its fixed or checked on.

How long will they look for a car to be repo?

In NYC a Repo Order Stands until either the unit is found or a stop order (cancellation) is put in place. Other wise it is free game

In Ohio can a repo man enter your garage?

No , Not without a written and sworn Warrant from a Federal Judge.

What if you don't pay the towing company?

if you do not pay them for the services that they render to you when you call they can take it to the tow lot. then if you still do not pay, they can put a lien against you car and auction or sell it for the loss

Who created the first car and what was the car?

The first car to move under its own power was designed by Nicholas Joseph Cugnot.

In 1769, the very first self-propelled road vehicle was a military tractor invented by French engineer and mechanic, Nicolas Joseph Cugnot (1725 - 1804). Cugnot used a steam engine to power his vehicle, built under his instructions at the Paris Arsenal by mechanic Brezin. It was used by the French Army to haul artillery at a whopping speed of 2 1/2 mph on only three wheels. The vehicle had to stop every ten to fifteen minutes to build up steam power. The steam engine and boiler were separate from the rest of the vehicle and placed in the front (see engraving above). The following year (1770), Cugnot built a steam-powered tricycle that carried four passengers. Nicholas also created the corvette Z06.

What are the different classes of licenses and age requirements for each?

Instruction Permit:

Minimum Age-15

Provisional License:

Age-Under 18

CLASSIFIED DRIVER LICENSE:

1. Class A

Minimum Age- 18 (17 with completion of an approved driver education course including classroom and practical training or approval of minor's hardship application.)

2.Class B

Minimum Age- 18 (17 with completion of an approved driver education course including classroom and practical training or approval of a minor's hardship application.

3.Class C

Minimum Age-18 (16 with completion of an approved course of driver education including classroom and practical training, or 15 with approval of minor's hardship application.

4. Class M

Minimum Age-

Motorcycle- 18, (16 with completion of an approved course of driver education (32 hours classroom and the 16-hour Department-approved Basic Motorcycle Operator Training Course))

Moped- 15

Motor-driven cycle of 250cc or less

15 with Department approval for minor's hardship license

15 with completion of an approved course of driver education (32 hours classroom and the 16-hour Department-approved Basic Motorcycle Operator Training Course)

COMMERCIAL DRIVER LICENSE

1.Class A

minimum age-21 (interstate commerce driving) or 18 (intrastate driving)

2. Class B

minimum age- (same as Class A)

3. Class C

minimum age- (same as Class A)

p. 1-2 - p. 1-6 in Texas Driver's Handbook

You damaged your car in a collision now the car is going to be repossessed and you already cashed the insurance check what now?

First off, it's not YOUR car at all ... it is owned by the lending agency as they hold the actual title. You are just the registered owner. You are financially responsible to repair the car to the owners satisfaction, or pay off the loan in full. The insurance company should have given the check to the collision repair facility - that is normally how things are done. Since you have cashed the check, and obviously have used the funds for other than what they were intended, you now have to finance the repairs to the car, regardless of the repossession.

Co signed for a car for your grandson and he is not paying If you stop making payments will your credit be affected?

Yes. When you co-signed the loan you made yourself legally responsible to pay the amount due if your grandson failed to make the payments. You are as responsible as he is for paying the loan.

Programming source code of vehicle registration?

this just means to drive faster code with a car repairer computer code is ee46436 to drive faster

What is the average cost to ship cars oversea?

Depends on time of year, where you are shipping to, how you are shipping, where the vehicle is being shipped from.

Generally shipping car from US to European country start around $ 800 for a small compact car and up to $ 2000 for full sized SUV.

And there would be additional charges for some condition such as type of car ( exotic and classic car charges more), shipping insurance, and import taxes ( different country has different legal terms).

If you are looking for companies can ship a car overseas just visit the link at the sources below

What happens if you deny repossession?

They repo agent will take it when your not looking. The agent still has a job to do and only get paid if the jod is complete.

What happens when your truck is repossessed and both your name and your husband's name are on the title?

It may depend on your state. In Oklahoma, the vehicle (if not retrieved) will eventually be sold at auction, and the original contract holders (husband and wife in this case) will be responsible for any amount below "payoff".

Can you be sent to civil court after a car repossession?

Yes. Most lenders will auction a repossessed car and sue the person who financed the car for any balance or fees still owed.

How do you play knock a dolly?

its where you knock on someones door and run and get a follew off them

Is there companies who give you a list of cars that need reposessed and you go pick up the cars?

Yes. But repossesion is very complicated, I'm pretty sure you have to have a licence.

What is an auto loan charge off?

When a customer is unable to pay of the auto loan the lender will repo the car, sell it, and charge off the remaining amount due to the customer. The exact amount charged off may vary depending on the lender.

In the case of a repossession, unless it is a Bankruptcy, the remaining balance is DUE BY THE CUSTOMER.

It is important to note, in the case of a bankruptcy, any money that is discharged through the bankruptcy can, at anytime, actually be paid back to the creditor and that negative report will be taken off of your credit report. If someone finally gets into the position that they can actually pay a debt off, it is better to do so.

Trending Questions
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