Repossession

Not making the entire payment is still a default on payment. You will be charged the late fee and you will need to make it right with the bank or they will start the process of repo.

Sell it for what you owe if it is possible. Pay off the loan, get the title and sign it over to the new buyer. If you cannot get what you owe, then get as much as you can. Get a personal loan from the bank to pay of the remaining balance. The personal loan is better than the amount you owe on the car.

Take them to court. * It is possible they are within their legal rights to hold the vehicle and its contents if a replevin order or other court order is in effect. Often the lender's agent cannot release the vehicle until they are informed by the lender that all the reaffirmation documentation has been finalized including checks clearing, insurance confirmation and so forth.

Perhaps. If the married couple resides in a community property state, all debts and creditor action apply to both spouse's if the debt was incurred during the marriage. It will also be a factor in any future joint financial transactions the couple may want to make in the future, such as a mortgage loan or a refinancing or equity loan for a home. However the repossession should not appear on the husband's credit report; allthough this is not a certainty, as CRB's are somewhat notorious for their lack of accurate reportage.

Depending on the state of residence, it is possible for a lender to still repossess your car if you get caught up on the payments. Certain states allow a lender to request full payment of an auto loan when borrowers fall behind, even if they have caught up on past due payments.

She can do that. It is legally her car and according to the paperwork, the state will view it as "she was renting the car to you." She has every right to take the car away, it will hurt her credit if she can't come up with the money to make payments. You are obviously not responsible enough to own a car or you could have made a purchase on your own. Next time, purchase under your name so you are responsible and liable if a payment is missed.

yes

Did the car get repossessed? This I believe, would best be addressed by the person/entity who has the lien on the car (the bank, the credit company, etc).

You should consult an attorney for the correct answer, but, my experience would indicate that you would not be responsible if you did not sign on the contract at the time the auto was purchased. * If the married couple did not live in a community property state, the debt belongs solely to the deceased and becomes a part of the probate procedure the surviving spouse would not be responsible.

Read the contract. If the second car is connected to the first, yes. Otherwise, not without a judge signing off.

Yes, voluntarily relinquishing a vehicle does not relieve the borrower from the original contract obligations. The lender/leaser can sue the borrower for the amount still owed on the contract and any applicable fees.

Your car will likely be repossessed if you did not sign a reaffirmation agreement. If it was included in the bankruptcy, but just not reaffirmed, however, a judgment can not be placed against you for past due amounts or any balance owed. They can, though, slap you with a repossession on your credit record.

Less than a hundred dollars!

Texas does not allow wage garnishment for creditor debt in most cases, but has amended the statute to allow for certain exceptions. The state has always allowed garnishment for child support, federal and state back taxes, federal or public funded student loans, and in some cases spousal maintenance (alimony). The law now allows for creditor remedy by garnishment if the debtor does not have sufficient nonexempt property to pay the debt, (such as a bank account or real property) the creditor may petition the court under TX.Code, 63.100 for a wage garnishment. The other exception is, if the debtor is employed by an out-of-state company, the judgment creditor can then garnish the debtor's wages under the company's home state laws.

You will have to pay the difference between what the finance company gets when they sell the car and the ballance on the loan. All it means is that the finance Co would have gotten more for the car if it hadn't been damaged so you would have owed less on the remander of the loan.

It's called an act of nature. No one is liable for acts of nature. Simply submit a claim to your auto insurance. You'll be responsible for the deductible but they'll cover the rest.

There's a chance someone could be found at fault if the tree was rotten, not rooted correctly, grossly overgrown or otherwise unstable enough to fall, but you'd have to prove that 1) the people responsible were aware of the problem and 2) they refused to fix the problem.

states differ on this.......your marital property or assets could be put into jeopardy, if you are still married and he is sued....call your divorce attorney asap........he could tell you and perhaps protect you as well.......

The repossess the car, can get a judgment against you and your credit is badly damaged.

You can't return it to the dealership so that option is out. You have 2 options that I can think of. 1) sell the car for what you owe on it or 2) allow the bank to take the car from you. The first option won't hurt your credit, the second will because it is called a "voluntary repossession." If you sell the car, but cannot get what you owe on it, then you should get another loan to pay the difference in sell price and what you owe on the loan. Paying that off is much less than a new car you can't afford. You will have to pay off the car entirely to get the title and sign it over to the buyer. This is why you would need to get a personal bank loan right away if you sell the car, but sell for less than the amount of your loan. Just be sure to give the buyer a 'bill of sale' with both of your signatures on it when you sell the car. This way, they can't back out of the sale once you get the title a couple of weeks later.

Yes, if the vehicle was purchased during the marriage it is considered community property.

No, a cosigner has no legal rights to a vehicle unless his or her name appears on the vehicle title.

Is it smoking a lot? If so you probably have a blown gasket. If it's not smoking, check the thermostat. I don't get how a car could be not getting hot but using a lot of water and the temp gauge is going up. Have you checked for leaks?

It goes on your credit report. If it's a lease and you can no longer pay for it it's best to find someone to take over the lease that way it doesn't fall back on you. * If the vehicle is leased the leasee will still be responsible for the remainder of the contractual agreement. If the vehicle is being purchased it is considered a voluntary relinquishment by the borrower(s). The car will be sold at auction and the borrower will be responsible for the difference between the sale price and the amount left on the loan plus applicable fees and interest. In either instance a repossession entry will be placed on the party's credit report and will remain for seven years.

I'm struggling to find a way for this to happen. If they took the car the first time, how did it come back for a 2nd repo? I have to imagine that you somehow bought the car once more and somehow landed financing for it again. Then, the 2nd company repossessed it. If this is the fact pattern, yes, it will show up twice.