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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

What are the elements of a memorandum of agreement?

It is a "free" document, like a contract, and the rules can be established by the parties to the agreement. However, the current norms such as human dignity and other rights must be respected, in addition to following a standard that must contain:

> The division of the participation of each partner;

> The role of each partner;

> Amounts that will be invested in the enterprise by each partner;

> The eventual departure of a partner;

> How they are remunerated;

> Possibility of corporate dilution;

> Alignment on intellectual property, if any;

Among other things. The ideal would be to seek a lawyer and explain to him the conditions that the parties wish to place in the agreement, so that he can write it correctly and in accordance with the necessary laws.

What if the seller is not the title holder?

Unless they're an agent licensed by the title holder to sell the vehicle, they've committed a crime, and could face charges.

Can you repossess a car with the title and loan in your name driven by your daughter if she is not making payments?

Yes. If daughter is nowhere on the title or loan, it is called third party possession. If she is a co-signer, it is called taking your turn driving it.

How do you find the cc of a husaberg by using the vin?

Digit 6, 7 and 8 will give the model number which is rounded from the engine capacity

Are there any special licenses registrations or bonds needed to run a repossession business in Indiana?

Is there a place to find rules and regulations for repossessing vehicles in the state of Indiana? Popularity: 4 Question asked by Jason McClain on September 22, 2004. How do you go about starting a repossession business in Indiana? Popularity: 3 Question asked by Jesse Hamilton on September 25, 2004.

http://www.in.gov/pla/

How do I get my exs name off title without his signature?

If a person's name is on a vehicle title, he or she is the owner. There is no legal way to have the name removed without the person volunteering to remove it.

Do the british police have the power to seize a car if the driver's license has expired?

The police can seize a car if they believe it is being driven by someone who does not hold a valid driving licence.

To reclaim a seized car, the owner can attend the relevant police force pound and present a valid driving licence, proof of insurance and proof of ownership. Once those documents have been presented, the owner must pay the recovery fee (which tends to go up every day the car is impounded). If the owner does not claim the car within a set time frame (which changes depending on the police force), the car will be destroyed.

If you have never had a license can you still have a title to a car in your name in Ohio?

Don't worry. You don't need to have a driver's license to hold a vehicle title in Ohio. www.dmv.org DMV.ORG - The Unofficial Guide to the DMV

Can you change your mind on a lease car and return it to the dealership?

If you already signed the lease, you are subject to the terms of the lease and/or any penalty the leasing document states for early termination.

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.

Over 2 months since I told an exroommate that she had 30 days to pay back rentbills remove her property. Can I consider her items abandoned to keep discard sell Need law info for Mississippi?

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

If mine and your husbands name are on your title with and do you need both signatures to take ones name off of it?

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.

Is someone buys a car for you and your name is on the title and a few months later they try to take it back or take you to court to get it back because they paid for it can they take it from me?

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

How can I get the title from the person I bought the car from if I can not get in touch of that person?

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.

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.

Funny laws in Colorado?

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

Does a repo person have the right to open up your garage door and take out the motorcycle in the state of Michigan?

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