Repossession

Whomever is named on the TITLE has equal rights to the possession of the car.

They can go anywhere that's not locked.

READ your contract. Sub leasing might put YOU in DEFAULT. Is the lease in writing???Is YOUR name on the title? IF so, go get your car.

You are unless it's a TITLE LOAN, they usually write it off.

get it back?? prolly, depends on your payment record,ect. They really dont want the car, they want the MONEY. How long?? a day or two

The parties who signed the loan are responsible for paying the loan. You can do the B/K deal just like the co-signor did and it will all go away.

who can you go to to get help to pay it off?? ANYONE who will loan you money. If you dont want to let them garnishee your wages and get it $40.00 a week. LOL Good Luck

No, you don't have to tell them. Try to make up the payments though.

If the lender gets a court order, a "writ of replevin," then you have to tell the sheriff's officer where the car is when he comes to the door.

No payments?? NO Hiding the car AND not paying?? Possible but NOT likely.

NO, it is a CIVIL matter, not a CRIMINAL offense.

READ your contract. What does it say about paying any fees necessary to "collect" the account"? that is prolly cheaper than assigning the account to a CA.

After the lender gets a JUDGEMENT for xxx number of dollars, they can attach other property you own, Depending on your state laws.

In some states under some conditions, YES. It depends on how many times you have been late, repoed, in default, the terms of the contract you signed,ect.

Yes, its SO wrong. Same thing happened to me and the day I was to wire them the funds, they repoed my car. So, I got an attorney, filed bankruptcy and they gave me my car back. Now, they will get 1/2 of what we agreed on. Idiots.

Theres likely a REASON for it. Call a local attorney for state specific advice.

YES, read your contract.

The proper and best way is to talk with the co-signor FIRST. A repo will affect their credit as much as yours. Talk to them about selling the car yourself. You should get much more for it than the CU will so it will cut your losses somewhat. This will have to be done in agreement with the credit union. Talking to the co-signor AND the CU will make things a lot easier for all involved.

If you have taken the steps above and still find that you have to surrender the vehicle, contact the credit union and make arrangements to surrender the vehicle at a credit union branch. By doing this, you would be able to get written receipt for the vehicle returned to the credit union. This could prevent you charged for "repossession fees".

Its a GAMBLE to see how long you can wait to pay. If the lender sends the repo order out on Thursday, you pay after businnes hours on Friday, you will likely lose the car and the money before Monday morning. Then you have repo charges to pay to get the car back. Dont Gamble.

Call a local attorney for state specific advice.

The one in POSSESSION is responsible.

The co-signor would be responsible for paying the loan. Do you hate the co-signor that much?

IF you have a legal interest in it, you call THE LENDER. They can tell you what you need to know.

but they wont until you pay.... you might go take YOUR car back..beat the repoman

In California, yes. In some states, no (i.e., Texas). There is no legal difference for deficiency balance between voluntary and involuntary repossession (it should cost less to just pick your car up than it does to have an involuntary repo, which would save you some money if you are going to pay off the deficiency balance). However, you might be able to come to an agreement with the lender to make reduced payments and keep your account current and your credit good.

This is all assuming the lender is not able to sell your car for as much as you owe them. If they sell it for more (including costs of repossession and sale) then by law they must refund the difference to you.

If you think about what that would cause IF it was true, you would knnow the answer. Did you read your contract??? If you were a LENDER, would you loan money in a state that didnt allow you to collect the balance owed if the debtor did a Voluntary repo???? That would only serve to drive up the costs to those debtors would DIDNT do a voluntary repo. ??YES.

The person repoing your vehicle should let your sheriff office know about the repo within 24hrs. When they come out to repo your car they should have the contract and a copy of the title. It's the law.

You CAN tell them to leave and they should leave. They do NOT have to notify you that they are repoing your vehicle.

WAS it stolen from YOUR possession? IS your name on the TITLE as co-owner? If you are NOT on the title, it cant be stolen from you or the lender. Best thing you can do is help the repo company find where it is hidden. Most states have laws prohibiting "Hindering a Secured Creditor". Check the g/f house, the gramma house,the coke dealers house and the "best" friends house. Cars dont just fall off the face of the earth.

Can you report it stolen if your name is on the title but the other co-signer on title has possession of it and will not give a physical address of where the vehicle is and has left the state and is trying to hide the car from repossession. You have no addresses or phone numbers to reach the party in possession of the vehicle and friends and family of that party will not give you any information. What can you do in that case?

question-

i have the same problem as the statement above me^^^^ the credit people will not give me any information about the owner of the car i co signed for, and do not know what to even call it -that kind of case- to get a lawyer. the girl is still in the state, but i have no information at all.. and she's 3 payments behind for 2 years, i want to surrender the car, and do not know if i can sue her for the collateral bill afterwards just to be compensated for the destruction of my credit. you may need to reread this a few times, its one big problem, and then an option for a solution in question. please thank you

Only if they want to be charged with kidnapping. NO.