answersLogoWhite

0

💰

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 lien be placed on your home if you do a voluntary repossession of a car bought in Georgia if you now live in Florida?

VERY likely, YES. Type of repo doesnt matter. Read your contract as to what states laws goven collection activities. The l2 links below will give you more info.

http://www.georgia.gov/00/home/0,2125,4802,00.html

http://www.weblocator.com/attorney/fl/law/conspro.html

How old do you have to be to buy a car from a dealer ship?

Answer21 in Massachusetts Answer

The the 'age of majority' in the US is 18 in all states except Alabama and Nebraska it's 19, and in Mississippi, Indiana, and New York it's 21. The age to be licensed to drive is not necessarily the same as the 'legal age' to enter a contract, which varies from state to state. You must check with the Dept. of Motor Vehicles in your state for the age at which you can legally own a car. See the link below for some insight into this confusing topic.

The minimum age to register a motor vehicle in New York State is 16 and you do not need to be a licensed driver to do so. See the link below for NYS.

A lease is not up until next year. But a person would like a bank to take over a loan on the vehicle. How would a person get out of the lease and buy the car before the lease is actually up?

You are probably still liable for the 1 year outstanding on the lease since you agreed to pay the specified amount when you signed your contract. You will most likely have to make the rest of your payments or roll the additional cost into your new loan. You should check with the bank you intend to get your new loan from though...

Can retirement wages be taken on voluntary repo of a vehicle in Florida?

Yup!

If they sell the car and don't get what you owe, any income you receive can be considered viable income to pay off the difference on your loan plus any penalties or fees. Even social security and Disability

How is interest calculated on a money judgment?

That answer will vary from state to state. In California, you can collect 10% per year on the oustanding balance. You take 10% of the outstanding judgment and divided that number by 365 to obtain the daily rate of interest. Multiply the number of days since the entry of judgment. Payments are applied to interest first and then to the principle. The interest is not capitalized.

Why have you been a fool and taken a wonderful lady who loved you for granted and played head games with her and now that you've lost her you regret it so badly?

because you never really know what you have until its gone if you still love her tell her she might love you its going to take time but trust me its worth the wait very nicely put. Best wishes

What is the worst kind of warrant?

A death warrant signed by the Governor or President, which can only be signed for the execution of a condemned person (a person who has been sentenced to death by a trial judge ).

As we are apparently International, I would venture to say that a Fatwa issued by a senior Ayatollah is far more serious. It certainly scared the pants off Salman Rushdie.

Why were cars made?

Answer to help get around and to make things faster for everyone

there might be many reasons that cars were invented, to make things faster, to transport things further, or to kill the environment faster, people make things for all sorts of stupid reasons

What happens if you own half of property with someone in jail?

That person does not lose their property ownership rights. Noting can be disposed of without their legal okay, no different than if they were not in jail.

How do you remove an ex boyfriend's name from a car title?

It depends. Titles that have more than one name can read either "or" or "and." In other words, it might read "Jane Smith and John Smith" or it might read "Jane Smith or John Smith."

If the word "and" is used, both people have to sign the title in order for it to be changed. If the word "or" is used, either person can sign.

What does mo chroí mean?

That's not English, but Irish, if I'm not mistaken. It means "my dear" (see http://www.englishirishdictionary.com/dictionary?language=irish&word=a%20chroí)

ETA; While a chroí is a term of endearment, it technically means 'my heart.' Actually, gramatically speaking, 'mo chroí' means 'my heart', the a prefix is used when addressing someone: 'a chara'- my friend, 'a chroí'- my heart 'a chiste'- my treasure.

----------------------------

The prefix in question indicates the vocative case, used when addressing someone. It causes a change to the initial sound of the following word, represented in modern Irish orthography with a 'h' following the consonant. So 'croí' = 'heart' and 'a chroí' = addressing someone as 'heart'. The same thing happens with names -- Bríd -> a Bhríd, Seán -> a Sheáin. Standard English doesn't have a grammatical equivalent of the vocative, but often employs the first person possessive pronoun (my) in this situation, for terms of endearment. Some English dialects have forms that are similar to the vocative, for instance 'A Sheáin, cad é atá ar siúl leat?' (Seán, what's going on with you?) might be rendered by some Americans as 'Yo Seán, what's up?'

How do you test a car fuse?

You can use a multimeter set to resistance. It should show 0 resistance or full scale deflection on an analogue meter, if intact.

You can also use a small lamp (drawing less current than the fuse) connect it to the battery with a wire, including the fuse in circuit. If the lamp lights, the fuse is Ok.

How long is a promissory note good for in Louisiana?

According to the website provided below a promissory note is good for 10 years in Louisiana.

How can you get a junk car removed for free?

There are many of the car dealer who are offering the free car removal services, but if you're want a good cash for your damage or old car then go with Brisbane car removal 24/7, they offer best services without charging a single amount from you.

What is a writ on a house?

A writ is a legal order or command, an official mandate requiring the performance of a specific act. Examples of writs include a writ of possession, writ of execution, writ of garnishment, etc.

Presumably the writ referred to in the question would have something to do with a home or other real estate.

How long after filing does the trustee have to take possession of unsecured property because you own a car you surrendered but the car is still sitting in your yard and the title in your hand?

I presume you filled according to your question. Ask your atty. Otherwise, once the judge dismisses your case, it's all over...but, you never know with some of these judges. I read they are real nasty in Chicago. It depends upon the type of bankruptcy or if the car was considered exempted and disqualified by the trustee. A car is considered "secure property". If the vehicle qualifies for the bankruptcy exemption, the debtor can voluntarily relnquish it and pay any amount discrepancy and fees when it is sold; make an agreement with the lender to continue payments and catch up missed payments. The lender options are reaffirmation of the contract, repossession of the vehicle, or suing the borrower for the full amount of the loan plus applicable fees.

In which states do they have to send you a 'right to cure' letter for repossessing a vehicle?

Colorado-20 days Massachusetts--21 days Iowa-- 20 days Kansas-- 20 days Missouri--20 days South Carolina--20 days West Virginia 10 days Wisconsin requires a replevin order be issued by the court.

Trending Questions
If your car has been repossessed and you have not yet filed bankruptcy can you still be eligible to get the car back after you file? Parties and their rights and responsibilities of a letter of credit? How is the title issue handled on a legal repo? What happens to your car loan if you die? What number satisfies one-third of the number is 3 more than one-fourth of the number? What is the best car revenge? How do you answer summons? Can a leasing company consider it a repossession if you turn a leased car in early? If you have a 5th wheel trailer that I can no longer pay I owe more than its worth What happens if I stop making the payments? What happens to the cosigner if you are in chp 7 bankruptcy and you default on your car loan? What is 27315d of the California vehicle code? Is it legal to abandon your impounded car? What is the legal age to own a car in California? How long do you have to pay the loan back? What should you do if you can't afford your car note and want to give it up? What is the problem when a car starts but shuts off when you release the key in the ignition switch if you keep the key turned a little it keeps running The car is a 1988 Ford Tempo? How do you return a borrowed car to a friend? Suppose a company CEO appears to be an ineffective performer because he or she bullies and sexually harasses employees who should deal with this problem and what approch should be taken? Can you sell a car after you have paid repossession fees on that car? What is the car repossession law in Arizona?