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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
How do you get a vehicle out of impound?
IF the title you have shows YOU as owner, then you are merely getting YOUR car out of impound. No repo involved, you loaned the car to a friend, PAY up and get gone.
bcuz of unpaid tickets license suspended,bought a car week ago 12/19/04 both me and my bro are on the contract he is the co-signer,he has a valid D.L. and insurance, my car was put on a 30day hold i need to get it out so i won't get charged an arm and a leg,(1,000)what could i do can my bro get the car out,or can i pay all my tickets and get my license back up to date ,and get a judge to overturn the 30day hold?im going to court tomorrow and pay all my tickets and get my car out of there.please help me !!!!
Can you return your car after a month and a half?
Look at the fine print on your contract. If it doesn't say "As is" or "final sale" then you may have some luck either having the car repaired or getting another one.
no. you cannot keep any of the possessions. my suggestion is to go to local court and file a hold-over proceeding or summary proceeding to remove unwanted roommate. the judge will make a determination as to what to do with roommates stuff. my suggestion is to put it all in storage, advise the judge that's what you have done, otherwise, you might be liable to be charged with theft or larceny. do not put yourself in a bad position just because the roommate was an unwanted PIA
This depends on the wording of the title. If the names on the title is listed as John Doe and Jane Doe, yes you need both signatures, unless he is deceased. If the names are listed John Doe and or Jane Doe then no you don't need his signature.
no if your name is on the title it is not possible to do that because posseion is nine-tenths of the law and all is wrong during attemped thiving in a court of law false information to a judge is ten yaers to life in jail
hope it helps=)
Can you return a car to the dealer that has been financed?
ANSWER: CAN YOU RETURN A CAR.................................. MUCH MORE INFORMATION NEEDED, WHERE THE TRANSACTION TOOK PLACE, COPY OF CONTRACT, LENGTH OF TIME, REASON FOR RETURN POSSIBLE GENERALLY BUT USUALLY VERY DIFFICULT
File for a lost title and bring all the documentation you can, and hope like you-know-what you didn't buy a hot car.
How can you get a car loan while on unemployment?
Get job or ask your mamma or dada for loan and you wll pay them back
What do I do if I can't afford the payments on my motorcycle anymore?
There are many ways to pay for the motorcycle--sell it to a friend. Talk to the dealer. Whatever you do, don't just quit paying and ruin your credit.
The "make my day" law, you can challenge anyone who makes a threat to you or your property, whilst on your property, with lethal force.
Also you can find more funny laws on www.funfactsandmore.com or just google it online theyre everywhere
A repo man is not allowed to move a vehicle or open gate or anything to get what he wants. If the garage dor was open it would be a different story.
depending on the state a repo man can open a garage door to get collateral as long as he does not committ another crim in the process! i know Ohio, Indiana, and Tennessee you can for sure.... Michigan i think it depends on how the loan was writen!
In NJ, they cannot.If the car is in sight and where they can tow it, that is, without damage to the property. They cannot sneak around the property looking for the vehicle.
Do repossession agents take a picture of the car before they try to take possession of it?
That is a decision made by the lender, and some do have photographs taken before the car is seized, but it is not a legal requirement. The repossession agent/agency does not assume responsibility for any damage to a vehicle that happens while it is being recovered.
How do you find out if a lien is satisfied?
call your bank they will tell you and have them send you a release
Yes; however, she first might have to get the courts to "revive" the judgment.
What is the process to transfer title of a home to one of five heirs?
The estate deeds it to the heir. If the other heirs have rights in the property, they need to be paid for their share of the property, either by compensation from the estate (if the total estate is worth 5 times the value of the property) or the person getting the deed pays them off for their share of it.
Was your motorcycle damaged? If not, then you have no claim whatsoever. If it was damaged then you have a claim against the repossession company. When you finance or lease a vehicle, your creditor holds important rights on the vehicle until you've made the last loan payment or fully paid off your lease obligation. These rights are established by the signed contract and by state law. If your payments are late or you default on your contract in any way, your creditor may have the right to repossess your car. Talking with Your Creditor
It is easier to try to prevent a vehicle repossession from taking place than to dispute it afterward. Contact your creditor when you realize you'll be late with a payment. Many creditors will work with you if they believe you'll be able to pay soon, even if slightly late. Sometimes you may be able to negotiate a delay in your payment or a revised schedule of payments. If you reach an agreement to modify your original contract, get it in writing to avoid questions later. Still, your creditor may refuse to accept late payments or make other changes in your contract and may demand that you return the car. By voluntarily agreeing to a repossession, you may reduce your creditor's expenses, which you would be responsible for paying. Remember that even if you return the car voluntarily, you're responsible for paying any deficiency on your credit or lease contract, and your creditor still may report the late payments and/or repossession on your credit report. Seizing the Car
In many states, your creditor has legal authority to seize your vehicle as soon as you default on your loan or lease. Because state laws differ, read your contract to find out what constitutes a "default." In most states, failing to make a payment on time or to meet your other contractual responsibilities are considered defaults. In some states, creditors are allowed on your property to seize your car without letting you know in advance. But creditors aren't usually allowed to "breach the peace" in connection with repossession. In some states, removing your car from a closed garage without your permission may constitute a breach of the peace. Creditors who breach the peace in seizing your car may have to pay you if they harm you or your property. A creditor usually can't keep or sell any personal property found inside. State laws also may require your creditor to use reasonable care to prevent others from removing your property from the repossessed car. If you find that your creditor can't account for articles left in your car, talk to an attorney about whether your state offers a right to compensation. Selling the Car
Once your creditor has repossessed your car, they may decide to sell it in either a public or private sale. In some states, your creditor must let you know what will happen to the car. For example, if a creditor chooses to sell the car at public auction, state law may require that the creditor tells you the date of the sale so that you can attend and participate in the bidding. If the vehicle is to be sold privately, you may have a right to know the date it will be sold. In either of these circumstances, you may be entitled to buy back the vehicle by paying the full amount you owe, plus any expenses connected with its repossession (such as storage and preparation for sale). In some states, the law allows you to reinstate your contract by paying the amount you owe, as well as repossession and related expenses (such as attorney fees). If you reclaim your car, you must make your payments on time and meet the terms of your reinstated or renegotiated contract to avoid another repossession. The creditor must sell a repossessed car in a "commercially reasonable manner" - according to standard custom in a particular business or an established market. The sale price might not be the highest possible price - or even what you may consider a good price. But a sale price far below fair market value may indicate that the sale was not commercially reasonable. Paying the Deficiency
A deficiency is any amount you still owe on your contract after your creditor sells the vehicle and applies the amount received to your unpaid obligation. For example, if you owe $2,500 on the car and your creditor sells the car for $1,500, the deficiency is $1,000 plus any other fees you owe under the contract, such as those related to the repossession and early termination of your lease or early payoff of your financing. In most states, a creditor who has followed the proper procedures for repossession and sale is allowed to sue you for a deficiency judgment to collect the remaining amount owed on your credit or lease contract. Depending on your state's law and other factors, if you are sued for a deficiency judgment, you should be notified of the date of the court hearing. This may be your only opportunity to present any legal defense. If your creditor breached the peace when seizing the vehicle or failed to sell the car in a commercially reasonable manner, you may have a legal defense against a deficiency judgment. An attorney will be able to tell you whether you have grounds to contest a deficiency judgment. Remember this repossession will stay on your credit for 7 years.
How do you take out a restrictor plate from a 49cc gas scooter?
Some are governed by a mechanism in the transmission, a plate inside sometimes can be removed. Many, like the Honda ruckus, are governed by the CDI ignition module. Replace it with a high performance one. The baja SC50 is governed by horsepower it cant go more than 50mph because physical power restricions. Try upgrading to a performance exhaust, cone type air filter and a CR7HIX spark plug set to .40"
What is the number of each make of car sold in the US in?
This one is a little to ambiguous. According to NIADA & NADA data there are more than 160 different types of cars sold in the U.S. while I'm sure the data is there to review it would not be feasible to post it here. I suggest visiting either of the aforementioned sites to get more information and additional stats can be found at the us dept of transportation website.
Sounds like you need to call a local attorney for state specific advice. You are into an area that will require a judgment/judge and that's NOT me. Good Luck
I just posted this question, here is the entire situation. I live in PA, paid the seller (a friend) the agreed upon amount of $2300.00 over the course of 6 months, the final payment coming in August 2004. All debts were satisfied; however, the seller kept putting off the title transfer after numerous requests by me. This week the vehicle was repossessed by the seller for no reason. I reported the vehicle stolen to the police and the police stated that since she still has the title she needs to make the report. I discovered that she indeed repo'ed the vehicle for what she states as failure to satisfy the agreed upon amount. I have proof that I paid her the entire amount and the fair market value for the vehicle is $2100.00, $200.00 less than what I paid the seller. Does having the title in the seller's name give the seller legal rights to take back the vehicle even after all agreed upon debts were satisfied?
If the title is in her name, the police are going to say it's her car until you get a lawyer and sue her. With documentation of the agreed price and payments made, you should have no trouble convincing a judge.
How do you get your vehicle back from a creditor after filing bankruptcy papers with the court?
All property in BK that is not exempted by state and/or Federal law has to be surrendered to the trustee. A vehicle is secured property and will be returned to the lender, or sold depending upon the circumstances. A car which is covered by exemptions, but is in default for payment, is usually returned to the lender. In some cases the lender will allow the debtor to reaffirm the loan and establish terms to catch up on missed payments .Property is not automatically returned to the person who filed BK.
Can you go to jail for not paying furniture note and not returning the item?
No. If you have failed to make a payment or have fallen behind in payments, the merchant may call you, write you, or in other-way's contact you to collect the the debt owed. They will usually recruit a collections agency which are oftentimes registered with the state. If the merchant has threatened you by stating you have committed a crime or they were going to call the police and have you arrested, that's a crime. Contact your local (state) consumer protection agency as well as the Federal Trade Commission and file complaints. They are rather quick and effective when dealing with Unfair Business Practices Act violations. You may also file a lawsuit against the entity or individual who may have violated the act in any way. If you feel they have broken the law, contact your local police and and file formal charges, such as "trespassing"
Check out http://www.repossessionlaws.info for info that should help you out. Post again if those aren't what you're looking for and I'll see what I can find. Thanks.
