Repossession

A car can be repossessed in the state of New York if payments are late or defaulted. The only way to not get a repossessed is to make your payments on time.

The courts can if the debt wasnt repaid, the only way out is to setle or go bankrupt.

The water drain line is probably clogged up and water is standing inside the evaporator case and fermenting. Find the drain hose and suck it out with a wet vacumn. Try installing clean water back into the hose several times to clean it out once it begins draining ok. (like with a enema bag and hose)Also maybe use a spoonful of bleac to kill the growth.

It of course effects your credit score. To learn more about your credit score visit either Experian, TransUnion or Equifax. If you can not pay for the car, the next best thing would be to return it to the dealer. Contact the lender and inform the company what you intend to do. If possible, return it back to the dealer you purchased the car from.

You can negotiate payments, but I always recommend saving at least 30% percent of the remaining balance and negitiating a settlement. Get everything in writing before making your negotiated final payment. Then request a letter stating that the account is now "Paid in Full", instead of "Settled for less". Very important that you request this, so that they do not sell the remaining balance to a third party collection agency.

no

A repo worker does not normally pick up a vehicle unless he has an order from the lien holder (usually the creditor who financed the vehicle). If you own your vehicle outright with no liens against it, the repo person probably picked it up by mistake.

As per the third quarter review monetary policy on January 29, 2010, RBI hiked the CRR by 75 basis points to 5.75%.

ya its your car, your name is on the title and someone has taken it from you....i think i defined a stolen vehicle right there

Basically, it means last chance to pay before repossession takes place. The procedure for repossession is in progress.

You either pay or appeal. If there is really a judgment then you have already lost the court case.

Yes, they can. They can't finance you car if your car is a stolen car. When you put your car from a finance company, make sure that your car isn't stolen and bought it in a big car company.

If you are fast enough !

You definetly will not get away from this repossesion, they will find you eventually. What you should do is contact the lender and do a volunteer repossesion. This will look better on your credit report. Then when they sell this vehicle in an auction you will have a remaining balance less then the purchase price (hopefully). After you receive notice of this amount you can settle on this debt for .10 cents on the dollar or 30% of the balance. Get everything in writing first before making your final payment with the lender/collection agency.

What is this in reference to? If you're talking about getting in your car and attempting to drive away while your car's being hooked up, it might be illegal. You will have to discuss with the driver why you're being towed and if there's anything you can do about it. If in doubt, call the police.

Yes, per the FDCPA (Fair Debt Collections Practices Act) contact can only be made from 8:00 AM to 9:00 PM seven days a week, at your home. There is no restriction on contact at your place of employment. Here's the thing, in most cases, if it is 10 or 11 o'clock PM and the repo agent sees your lights and TV on, he may do you the courtesy of letting you remove your personal items in exhange for the keys. Two reasons for this: first, if your personals stay in the car you will pay a storage fee to get them back; and second, with the key he can more easily unlock the shifter and steering column and can more safely tow your vehicle. The second part is important to you because if you redeem it, you will not be redeeming a stripped transmission/differential or wrinkled fender.

If you are credit-worthy, you may be able to co-sign for your boyfriend's vehicle. But be aware that if he fails to make payments for any reason, you are liable for the debt and the creditor will come after you and possibly file suit against you. - I wouldn't do it.

my husband and i have our own repo company in ohio. we do alot of door knocks (try to make contact with the debtor) and sometimes we will try both front and back door. but we can not go snooping around. but if we find the unit we are going to do everything we have to to get that unit. just remember repo men get payed by the car not by hour. nichole Read your contract.

Not until they have gone to court and won a lawsuit or judgment again you.

no because the pesessed car is still under his name

yep....pay it off so they cant

Just what it says. Someone is wanting your property and you hide it so they can't get a lien on it or get it by other legal procedure. hiding it may be against the law in certain cases.

it will be on there as soon as the order gets sent to the repo company, they are the collection agency. after they repo ur car and it gets sold at auction ur credit score will change .

YES, IF YOU CLAIM NOT TO KNOW WHERE IT IS. If you call the bank and say I dont know where the car is its gone, they are going to tell you to report it stolen. If you stop making payments on it then they will repossess, if there is no car to repossess then you are still responsible to pay the monthly payment car or no car If you stop paying and there is no car to repossess then they at that point can take legal action against you. I dont know if its reported stolen but take my word for it you will pay somehow.

After 60 days on non-payment. I always reccommend to do return the vehicle to the lender yourself. It looks better on your credit as a self repossesion. Then once the vehicle is auctioned off and sold, you will be left with a remaining balance. Save at least .10 cents on the dollar or 30% of the balance in a savings account. Once this is saved, call the creditor/lender and negotiate a settlement. Get the agreed amount in writing that same day before making your final payment. Then request another letter stating the account is now paid in full - instead of settled for less. Good luck!

You can be sued and your car repossessed.

I hope I am interepreting your questions correctly. If you have a deceased individual with an auto loan then contact that lender and explain the situation. Usually this loan will no longer exist, and the vehicle will be picked up. If there is a co-signer on that loan, then that person will be responsible for that debt, and should take full ownership of that vehicle.