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Repossession

Seizure of property bought on credit for which loan payments are not being received. Please note that when asking a car repossession question, it is often useful to include the state that you live in. This will enable people to give you better answers.

11,694 Questions

Can a repo man remove a vehicle from private property against the property owner's will?

NO It's almost always against the property owner's will, but if there is no confrontation (breach of peace), it will be removed. And you can spend 6-24 months in jail for tresspassing.

What is statute of limitations for an unpaid debt regarding car repossession in Virginia?

Been 4 years then they came and got our Personal Water Craft, after they said they didn't want it and it could stays ours. We were stunned,but they proceeded to claim they would "write it off". What are our rights now?

Did you receive any mailings or correspondence in those 4 years from the creditor? If not, you may be able to claim abandonement, but I would check with an attorney.

How bad is it if you file for bankruptcy?

The consequences of bankruptcy differ according to which chapter of bankruptcy a person or business is filed under. But for the most common, Chapter 7, all debts are forgiven but banks may liquidate property, wages may be garnished, and credit scores receive a very severe blow. The article below goes into more detail concerning the effects of bankruptcy.

How do you add my name as a lien holder to a vehicle?

Take the title to the office where you get your tag at, and take the buyer, and the lien holder and the'll help you.

Can you lose your 401 savings in bankruptcy?

No, even under the new bankruptcy laws which will go into effect on Oc. 17th, 401K's are still exempt from BK.f However, filing a Chapter 7, will be nearly impossible for the average consumer after the October deadline, and any BK can face automatic dismissal for any number of reasons.

What is the statute of limitation for shoplifting in Georgia?

There is a 2 year statute of limitations on a misdemeanor theft by taking charge in George. It is a 4 year statute of limitation if it is a felony.

What is the statute of limitations on debt collection in quebec?

The Federal Government and the Provinces have Limitation Acts which provide a limit on the time an unsecured debt survives. If an unsecured debt is not collected or payments are not made on the unsecured debt then after a certain time no legal action can be taken to collect the debt. A March 4, 2003 decision of the Supreme Court of Canada, Markevich v. The Queen decided that limitations applied to CRA as well as other Crown proceedings. Section 32 of the Crown Liability and Proceedings Act and Section 3 (5) of the BC Limitation Act barred collection of the Federal and Provincial portions of the debt since the debt was more than 6 years old. NOTE:Before relying on the forgoing please check with an insolvency lawyer for the latest information. The Federal Government has the habit of rewriting the law when a court decision goes against them. Examples from various provinces and the Federal Government: * British Columbia - Section 3 (5) of the BC Limitation Act sets 6 years as the limit for debt. * Alberta - The Alberta Limitations Act sets 2 years as the term which is extended to 10 years if there is a judgement. * Ontario - The Ontario Limitation Act 2002 , came into force on January 1, 2004. It sets two years as the term (Section 4). This limitation will be reinstated where the debtor acknowledges the debt or makes a partial payment towards repayment of his debt. If the default occurred prior to January 1, 2004, the creditor will continue to have 6 years to pursue the claim. However, if the default occurred after January 1, 2004 then the 2-year rule applies. * Federal - Section 32 of the Crown Liability and Proceedings Act sets 6 years as the limit for debt. Aphex Twin

Can an employer terminate an employee because of wage garnishment in the state of Ohio?

In most cases an employer has to have a court order indicating whom is collecting and for what amount. The IRS is the only entity I know of that can force the garnishment of wages without a court order. The employer cannot garnish wages just because it wants to without warrant. If you owe the employer money, they would need to take all legal proceedings against you through the court systems. Department education, ssa, and other government entities can issue a wage garnishment w/out a court order. The government doesn't need to ask it's self for permission to get it's money back.

Can you be arrested and charged with a felony for not turning over a repossessed vehicle?

YES,in most states it IS a felony to conceal mortaged property.It doesnt matter if it is the debtor , a loved one, or a stranger. If you could just hide a car and not pay for it, think how many cars would NEVER be paid for. Wouldnt that be nice? FREE CARS.. not in this lifetime. Just pay the notes or give up the car.

How do you prove that you own your Home?

You would need to obtain a copy of the deed for the property at the County Recorder's Office (or the office where the recorded instruments are maintained in your State).

How do you regain possession of car that has been repossessed?

Contact your finance company. They will often give you the chance to get the car back if you pay up to date plus impound fees and usually some more towards your balance.

What happens to someones house when they die having left no will nor heirs?

When a person dies intestate then the probate laws of the state where the person lived takes precedence in the distribution of property and other assets, In addition, all debts of the deceased must be paid out of the estate according to their priority. Contacting the clerk of the probate court in the city or county where the deceased resided will help obtain more specific information. Usually it will be auctioned by the local government. -DJ Craig

What are the laws for adulthood in Missouri?

A person could be considered an adult when they turn 16 because they are no longer forced to go to school, but they could also be considered an adult when they turn 18 because they are no longer (in most cases) under the care of their parental gaurdians A person could be considered an adult when they turn 16 because they are no longer forced to go to school, but they could also be considered an adult when they turn 18 because they are no longer (in most cases) under the care of their parental gaurdians

How do you build a gps tracking device?

Low Cost Home Built GPS Device?I would not even attempt to do this and I am an electronics design engineer.

It would involve a satellite receiver and transmitter and lots of custom chips, and there probably is no way to build a low-cost unit compared to commercial units. In other words you would be better off buying a commercial unit.

That said, it is possible there is a kit for a GPS tracking device which is less than a commercially built unit.

Any such kit would either:

  • Come with a fully preassembled and tested GPS receiver module. (you might as well just buy a complete unit, price would be similar)
  • Use surface mount components that would require the home builder purchase or lease thousands of dollars of specialized reflow soldering tools to assemble it. (kit might be low cost, assembling it won't be)
  • When assembled the finished unit would consist of several cards and occupy over a cubic foot of space. (low cost but not portable)

What is the fastest 4 cylinder car?

A '99 Eclipse GSX owned and driven by Brent Rau is the fastest 4 cylinder in the world in the 1/4 mile. It has run a 6.97@198mph. It has a 2 liter engine. As far as I know the fastest 4 cylinder car is a 1991 Eagle Talon TSI owned by John Shepherd with a 1/4 mile time of 7.70 secs @ 191.32 MPH. Acording to Hot VWs national racing records 4 cylinder A class dragster driven by Kris Lauffer truned in a 1/4 mile time of 6.60 sec in Sept '03 and a top speed of 203.98 mph in Oct '03

How do you become a spotter for repo?

Being a spotter is a helping hand for repo companies. All you need is a drivers license and sometimes a car, Just ask your neighbor hood repo company if they need help finding the units

If a car repossession is paid off will credit score increase?

For me, Repairmycredit services is a professional credit repair company, i can vouch for their repair services at-least it worked for me and a few others. Credit repair firms should have knowledgeable legal and technical professionals on staff to help you out like they did for me, file a complaint with Repairmycredit@contractor.net, very affordable.

What is gun culture?

In the United States, gun culture encompasses behaviors, attitudes, and beliefs related to civilian guns and their use. In the United States, it differs from developed countries in gun ownership and levels of gun violence.

Can a sheriffs department repossess your car?

Good day, my sister bought a car then she told me to register it under my name nd years later she wants to take it nd don't want to give it back and any advice on this one

How do online bill payment companies make revenue?

The transactors have to pay very small almost a hidden fee. This money piles up and the more transactions by the more people, the more money the company makes. Every moment hundred of people send money via Paypal, thus Paypal is a very rich company.

What is busniess?

The official definition for the word business is "a person's regular occupation, profession, or trade."

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