Repossession

Unless a court rules there was a breach/violation on the lenders part, YES. If you have doubts, call a local attorney for a consultation.

I suggest you do a little reading befor you go out in the repo world. Read this first and then, this Take your time, the more you know, the better your chances of success.

Thats depends on the contract the "repoman" signed with the lender before he/she started out on that little adventure.

NOPE, the LENDER stops the calls IF and WHEN they decide as long as the law allows.

You get it back after meeting the terms of the contract. the LENDER will tell you how much it costs to get it back.

YES, its legal. The lease you signed was a legal contract calling for you to do certain things at certain times. You defaulted on those terms and the Lender is reporting that you defaulted.

Cure whatever terms you were in DEFAULT(ins,ect) of. The LENDER can tell you exeactly what they require.

They can ONLY garnishee the wages of the one(s) who SIGNED the contract,whomever that may be.

It will make a repo appear on ones CR and subsequent loans will require a higer interest rate and possibly higher down payment.

IF the ins. co. told the lender the policy was canceled, then you were in DEFAULT and the lender will repo.The lender and the ins. co. will have to get that straightened out.

A writ of sequestration is a prejudgment process which orders the seizure or attachment of property to be maintained in the custody of the U.S. Marshal or other designated official, under court order and supervision, until the court determines otherwise. The purpose of the writ is to preserve the named property pending outcome of the litigation.

NO. Think about it, IF this was true,EVERYONE would buy cars in AZ and nowhere else, just to get around paying the balance due. The UCC is standard across the country concerning contracts and default on contracts. Good Try, no candy for you.

to the best of my knowledge you can. AZ is a non recourse state. If they have the collateral, that's the best they're going to get. They can try and get you to pay but they can't make you legally....

Depends on the Lender, some do, most dont. It would be god on your part to take pics of the car when you turn it in. CYA deal.

IF the lender reports it to the CRA, it will. FWIW, title pawn lenders USUALLY dont report it. Too much work and paperwwork for them. LOL

As much as they would like to, NO. It wasnt in their possession to be stolen from. YOU can report it stolen. The Lender has OTHER legal options to get the car, so dont think you will slide forever. LOL

NO. Only the registered owner can report the car stolen, or whomever had the vehicle in their posession. If the lender tells you this, they are only bluffing you, using scare tactics. They will say anything to you in the hopes that you do not know the law, or your rights. Most people don't. You can always call an attorney or the police to pose a question about what is legal.

YES..In the state of Arizona pursuant to ARS 13-18-13 after 90 days of non payment a lien holder can report a car stolen and is a class 6 felony.

You make the offer, IF they accept it, they will give you the title, ect. Fairly simple business deal.

Look at it this way, they "made arrangemnets" when you bought the car. You couldnt/didnt pay then while you HAD the car. So why will you pay on your own when you DONT have the car. Likely they will garnishee.

They can repo anytime you are in DEFAULT of the contract.

2010-09-21: Also, in addition to the answer: While the bank can reposses when the repo clause comes into play, I don't know of any instance that once a bank agreed upon partial payments, they reneged and repo'd the vehicle anyway. Remember: they'd rather have the money than the car. If it comes to haveing it repo'd through a repo company, the bank would still rather have their money than share it with a repo company. The person at the bank that you speak to is being watched by the bank manager, etc., blah blah, and he or she would rather keep good information on the books. He or she, as far as my experience, will help you in your situation.

As long as you are in DEFAULT of the contract, the lender can repo the collateral.

IF your name is on the TITLE as buyer or cobuyer, you have the right to POSSESSION. Do you know where the car is? Do you have a key?

Unless you are a good negotiator, CALL an attorney NOW. Longer you wait, more time for FACTS to get confused or forgotten and/or DOCUMENTED. Take pics of the damage,ect.

As far as I know, only 2 states require the lender/repo company to notify the debtor. The easiest way to find out the info is CALL THE LENDER.

Whomever signed the contract is responsible for the balance.

IF you mean not paying the shop bill, YES. IF they followed proper procedures(paperwork,leins,ect). This varies by state. Its usually called a mechanics lein, Workmans Lein,ect. Call a local attorney for state specific advice.

No. If they do, that would be considered theft and that is obviously against the law.