Repossession

The same as an involuntary; do not let anyone tell you different. AND they can still come after you for the balance and fees.

If you're a child tell a teacher or an adult. If you're an adult, tell the police, make sure you can prove it is your property though.

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.

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.

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.

There is no set amount, if someone told you that dealers can get 2005 Cadillacs at the auction for $500 they lied. The same vehicle that was sold last week at the auction that sold for $5500 this week it sold for $7500, it just depends on what dealers want what at that time. Most used car dealers mark there vehicles up from$1000- $4000 dollars.

If my car is repoed and the car is not worth as much as I owe am I responsible to pay the differance?

If you keep going 60+ days past due, you receive a right to cure notice w/ intent to repo., and you don't answer your phone. If you show no interest in resolving the situation, they will repo the vehicle and let you deal w/ the problem.

They usually repossess when you miss two or three payments. They seldom repossess if you've just missed one.

Your credit report will state that the vehicle was returned. It will still show a balance remaining once this vehicle is auctioned off. This is your best option, but it already has done it's damage to your credit report with missed payment. Also, this will affect your credit score monthly for the next two years from the date of last payment.

The primary borrower is responsible for this debt, but if they do not make arrangements to pay the remaining balance of this debt (once its auctioned off) then you will be fully responsible for the remaining balance.