Repossession

YES

I have a letter if you would like it that you can send to the parties involved that may or may not be able to help you get this off your credit report.

let me know if you would like it.

Brandon, yes, the lender can refuse payment. That usually means you have waited toooo long to get any help from the lender. As for the catching up the notes,that question should be answered by the LENDER. You neeed to talk to the lender NOW. Good Luck

Melissa, what does your contract say?? It also depends on what state you are in. Usually, YES, you do have to pay.

They wont if you dont ASK or make the offer. Call 'em...

YES

Mea, dont be snowballed by yo lender. A repo is a repo. IF you or your Dad were worried about his credit, chances are that it would not have gotten to repo stage. Anyway, the lender calls the shots on reporting repos to credit bureaus, so, play their game. Go get yo car and see if it shows up. Good Luck

Try steveshorr.com then click thru to debt collection Check out this site too small-claims.courts

Absolutely, go to your local court house and ask for the public records on this person. Some have public record computers they'll allow you to use. If someone is having his/her wages garnished due to a judgment it will show.

The clerk will not supply a person's records. Anyone wishing to learn of a judgment, bankruptcy, restraining order or other legal action against a private citizen must do their own research of public records.

Some information pertaining to issues which are criminal in nature (such as rape, sexual assault,crimes against minors) or civil matters pertaining to minors such as adoption proceedings are not made available for public scrutiny.

yes.but i am sure there will be some calculations on the judges part before coming up with a set amount. depends on the income combined, if you have kids, child support etc.

No.

A creditor judgment can only be enforced once against one party.

The exception would be different creditor judgments against spouses who have joint debts. For instance, the husband's income could be garnished for a debt and the wife's income could be garnished for a joint marital debt by a different creditor.

I'm afraid the first two answers are wrong. Judges have little discretion. The amount of a garnishment is determined by the law, not by the judge. The only thing I have seen them change is the percentage of interest. Courts do not care about how many kids a person has. I don't believe child support is exempt, although it would only come into play if the creditor attached your bank account. As for the second answer - It depends on who got sued. If the creditor got a judgment against both of you, then you both can have your personal wages garnished. If you and your brother and your best friend get a judgment against all three of you, then all three of you can be garnished at the same time. Everyone gets garnished until the debt is paid.

There is also an "Other Than Personal Wages Garnishment" which is usually the creditor attaching your bank accounts. If you have a joint account then any money in there is potentially available to be attached. It is a gray area and it would be necessary for you to go to court to have the funds returned. But if you comingle your funds, then that money is fair game.

My experience is limited to Ohio garnishment law.

Hope this helps.

Barbe

Check out the related link for prior question and answer on this subject.

This was a great question to ask BEFORE you did the loan. try the following link to get started. Look at Titles 12, 15, 38, 41, 58, *70A*, and 76 for kicks. http://www.le.state.ut.us/%7Ecode/code.htm

As long as you are in default, they can repo. Try to catch up the month behind. Send $5.00-10.00, whatever.

It put it on hold for the duration.

"YOU" dont, the debtor does. call the lender.

You pay lump sum,total. OR they garnisgee your wages. Take your pick. There are NO payments after sale. There is no such thing as voluntary repo...a repo is a repo.... it screws you if you give the car back or not.They can sue you to try and get the balance or you can work out a payment plan be very careful dealing with lenders read everything get it writing do not trust them over the phone.

contact your local townhall or government who will give you detailed information on how you obtain this license. You might want a Gun license too. People whose cars are being repossessed sometimes get violent.

I'm not going to answer this with any sort of moral reasoning... just from experience and what I have heard from other cases. As I understand, once you leave the scene of the accident, you're not only at fault but you're going to get charged with fleeing the scene. Based on this, it seems like in your case the damage is done. Legaly you're screwed if they report it, but chances are probably that they won't. Still, a judge or insurance company might go easy on you if you fess up. My friends have had similar situations where reporting it after the fact helped at least the sentencing. In the end, in terms of what's worse you have to think of who might have seen you that would call you in or the possibility of turning yourself in when you would have gotten away with it. I'm the conservative type at least with my legal record... but I guess play the odds. If you have the plate number, you might be best served finding the owner and trying to call them if you're turning yourself in. And don't underestimate the power of your conscience, you might be feeling guilty about this 10 years down the road and maybe it's just not worth it, but without a plate number there's little you can do.

yes, in a total loss situation you will receive actual cash value less any deductible and the insurance co takes the car.If you wish to buy the vehicle than you should ask the insurance co what is the salvage value.If you like the value than you can buy the car and the insurance co will deduct that amount from the agreed total.you will have to change the title from regular to salvage.You than get the car fixed and get the mvd to inspect the car and get the title changed to salvage/restored.Now you can use the car just like any other car.

In a few states, you will get a "XX day right to cure" notice. But when it comes time to repo the car, NO. If you know you are in default, the lender has been begging you to pay something,ect., GET YOUR PP OUT. The lender and the repo company doesnt want your PP. They dont want to deal with it anyway. Then when its repo time, you can go on about life without the interruption of redeeming your PP and additional cost. It just doesnt have to be that way. NO you will not be notified

Let me get this straight. You filed B/K over 5 yrs. ago and the car was/is repoed recently? If this is correct, the car will be sold and the lender will want you to pay the balance still owed.

Per the Uniform Commercial Code, repossession is allowed without committing a breach of the peace. For specific legal regulations, see the related link below.

Most folks do so. Ask your B/K attorney for state/case specific advice. Yes

You can do what you want in that regards. You will still be liable for the payments and the bill will still come in your name. Check with a third party loan company. They may have high interest risk policys they can offer.

I was driving my truck and towing a U-haul are transporter with my minivan on the transporter. I was involved in an accident. I have total coverage on the truck but only collision on the van. My insurance covered my truck and the damage to the uhaul but not to my van. Hope this helps some