Repossession

I recommend you contact your insurance company, and inform them of the recovered goods

Call a car lender. It depends if there is a registered owner, they shoud repair the car, but if they don't then you can hold them peronally responible for the repair. However if the payment are made on time then your vested intrested in being paid for. You can sue for depriceiation. But call a lender or the DMV to be sure.

yes, as this would make it easier to obtain a judgment and/or wage garnishment for whatever is owed.

Yhe lender cant do everything at once,they will get around to you and your car.

Yes What we're trying to do is have my boyfriend drive my NJ car to California and I will fly out later on (about 2 months). In the meantime, the car is in my name, I pay the payments on it, and it is insured with a NJ-based insurance company. I did not contact my insurance agent to let him know I was doing this yet, just thought that insurance covers a car, not a person. But recently I found out maybe I'm wrong. So now, we're trying to get the car insured but my boyfriend's insurer, State Farm doesn't cover NJ-registered cars. What can we do now?

Your credit is damaged. You are then responsible for the difference in what the lender sells the car for and the balance on the note. It cost you in more ways than one. Don;t let it happen to you. The lender does not want to repo the car. Work out something with them.

It sounds like a lemon...let it go. You have a chance to regroup--save money, buy a better car in the future, with cash.

This happened with my sister in law who put my wife down as a reference There is no legal action that can be taken since she listed us without our permission. We asked them to not call again and they complied.

If they are calling your household and are not listed on the application but live in the same dwelling I am not sure of the ruling on that one

Yes, you are still behind in your payments. Don't let this happen. Contact the lender and work something out.

Most likely you will get your wages garnished. They cannot send you to jail.They will only take 25% of your net disposable income. You can fight it if you chose.

No they cannot send you to jail.But most likely they will find the car.The most theyc an do is sell the car after tehy find it and sue you for the deficiency.Then you get your wages garnished, but they cannot send you to jail even then. YES, THE COMPANY CAN FILE A REPLVIN, YOU WILL BE SERVED WITH A BY A MARSHALL AND ORDERED TO APPEAR IN COURT. YOU WILL EITHER PAY FOR OR GIVE UP THE CAR OR THE JUDGE WILL ISSUE A WARRANTY SHOULD YOU FAIL TO APPEAR

Yes The lender has to provide you with this info.You should demand it from them. The lender is required to provide this only if requested in writing by the debtor.

Absolutely, if the car is in your name, it is your car. Go get it.

Yes. To stop the harassment, make up the payments, or contact the lender and make some sort of arrangements. I can assure you that they don't want to repo the car.

THE COST DEPENDS ON WHAT ALL U WANT FOR EXAMPLE:IF UR GOING TO INSTALL IT BY YOURSELF JUST GET A USED ONE FROM A JUNK YARD THEY ARE VERY CHEAP AND INSTALL IT YOURSELF OR IF U HAVE LIKE A YR.2005 OR CLOSE TO THAT AND U WANT IT INSTALLED THEN CALL A DEALER AND THEY WILL GIVE U A FREE ESTIMENT :-)

There's no definitive answer to a question of this type, as the final decision would depend on the person's overall financial situation. Bankruptcy is a very serious action and should only be used as a last resort. Especially in light of the new bankruptcy reform laws. Even in bankruptcy (unless it is a 13) a vehicle may have to be forfeited, depending on the vehicle exemption status and the terms the lender is willing to agree upon.

In most cases they want the money. The car's value if resold and the borrower's ability to pay any deficit could play a part in their decision. If the borrower can convince the lender they can fulfill the agreement, the lender will more than likely withdraw the filing.

READ your contract.

It can't be reversed, but if it is dismissed without prejudice, you can refile a chapter 13 six months from the dismissal date. The best option is to meet with the trustee to discuss the problems with the schedule that the person now has to see if it can be modified.

Your name must be on the Title or Loan in order to get car insurance under your name. Otherwise this is considered Insurance Fraud. It is punishable by the law.

Yes you can stop payment on a check. Just call your bank and they should walk you through the process. Sure, as long as the check hasn't already been paid. The bank might charge you a fee for it, though. Yes. The chances of success depend on the information you provide to the bank. If it is insufficient, then the check might not be stopped. Banks may charge a fee for this service. Just had this experience and found out that my credit union PAID an item that we requested a stop payment for. It evidently fell through the cracks on their end. Anyway, after bringing it to their attention, they were able to recall the payment, advising us that they had a "48 hour window" to recall any funds paid out. Hope this helps. (P.S. providing as much info as possible to begin with really helps, also there was a one time $10 fee, which was better than the $120 item stopped!)

You send them a certified letter demanding return of the car within 3 days. If no response, report it stolen.

They can sell the vehicle anywhere it is 'commercially reasonable". MOST lenders try to keep the vehicles in the same state they are repoed in. You should contact a LOCAL attorney for state/case specific advice.

MOST auto loan contracts give the right to determine which state laws govern to the LENDER.

it is up to the bank to decide. Legally, as little as 1 cent.