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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 much time would someone have to make payment once the creditor decides to file a writ of replevin or get the police involved?

There is no set time. You are gambling that things will fall into place before its too late. How long have you driven the vehicle now without paying? 4 months, 6 months, more???? Usually if a lender has to file a replevin, there is NO "catching up". The lender has lost faith in your ability and/or desire to perform the terms of the contract.

What are the laws regarding reposition after bankruptcy?

can they send a police to my house to repo my car? can they send a police to my house to repo my car?

How do you ask a man you're sleeping with for money?

If your asking him money for sex then I'd advise you not to, you didn't say 'a man your in a relationship with' you said 'sleeping with.' This man probably has no idea it's 'that' type of relationship and it's not acceptable to ask for money for sex, it's degrading to you and him. There are better ways of getting money. You didn't say why you wanted the money and from your question it leads one to believe that you're acting on the cheap side and not much better than a prostitute. If you're going together and have been for some time and are having financial difficulties then that's one thing, but if you sleep with a guy for 5 - 6 times and know you'll be moving on then you might as well admit what you are and stand on a street corner waiting for the next john. I know some high-class prostitutes that work out of a famous hotel in Vancouver and they told me once that some girlfriends of guys or married women weren't any different than they were and that the prostitutes were just honest about who and what they were.

What age can one sell a car to?

you have to be 18 to own a car and have your name on the title. but you can sell a car to a person under 18 and have their parents put their name on the title

How do you find out where your repossessed car is to reclaim your personal property in Connecticut?

Looks Ike you got 15 days to get the car back or they sell it. Call CAC and they will tell you where your stuff is.Connecticut

TITLE STATE: Yes.SECURITY INTERESTS: Shown on title held by first lien holder.LICENSE REGISTRATION: Connecticut Department Motor Vehicle, 60 State Street, Wethersfield, Connecticut 06109. Tel: (860)566-4710. Toll Free 1-800-842-8222.RECOVERY REQUIREMENT: Must be peaceful. Ten day notice before taking is permitted but not required. If not given, fifteen day period for redemption must be given. Repossession allowed without committing a breach of the peace.DOCUMENTS REQUIRED FOR LIQUIDATION: Affidavit of Repossession, Certificate of Title, Q-1 form to transfer.PLATES: Remain with debtor.

<a href="http://www.cga.state.ct.uscga.state.ct.us/2003/pub/Title42.htm

A person being held as the property of another person?

That would be the definition of a slave.

That would be the definition of a slave.

That would be the definition of a slave.

That would be the definition of a slave.

Can you file chapter 13 bankruptcy in June 2010 after filing chapter 7 bankruptcy in June 2006?

You can file Chapter 13, but you would need to pay all creditors in full because you are not eligible to receive a discharge. If you want file Chapter 13 and receive a discharge, you must wait to file until 6 years have passed since your Chapter 7 case. You would to wait 7 years if you want to file another Chapter 7 case.

Is it legal for the buyer to be charged the full price of their repossessed vehicle?

When a vehicle is repossessed it is sold at a public auction for the fair market value (or as close to such as is possible). The borrower/debtor is responsible for any deficit in the amount between what the vehicle is sold for and the remaining balance of the loan contract plus additional fees such as cost of the repossession action. So, in that context, the person is responsible for the "full price" of the vehicle.

How do you lease a car in Toronto Canada?

You go to the enterprise or whatever company you want to lease it from, show them your drivers license, sign papers and get the car.

If you purchase a car for someone then they refuse to enter a lien release agreement what are your options if they fail to pay?

best time to think of this is BEFORE the car is purchased and before they drive away. Get a lien on the car somehow. get a key made to it after you get the lien on it. Email me if its not to late and they have the car already.

How far behind do your car payments have to be before it can be repossessed in the state of Virginia?

In Virginia, the law states a lender must submit notice in writing at least 10 days before a car is to be repossessed. Therefore, car payments that are late can be subject to repossession at anytime, provided notice has been given.

In Texas is there a time limit on when the repo car can be sold?

Essentially, any time after it leaves your driveway. Many vehicles in Texas are repossessed as the result of defaulted title loans. It is common practice for these companies to direct drop vehicles for immediate sales at auctions around the state. The repossession drivers who are not able to get you to exchange your keys for your personal property left in the car, may first take it to the storage lot of the agency to inventory your stuff. But, assume that once the vehicle is towed off, it is gone.

How do you make money with 24 foot box truck non cdl in Ohio?

You could start a courier business, you could offer moving services, you could use it for the needs of an existing company, you could get a Class C CDL and Hazmat endorsement and do hazardous spill cleanup, you could run it as an expediter with a company such as Panther II, Tri-State, FedEx Custom Critical.... but, to be honest, if you have this thing, and really don't know what to do with it, your best option may be simply to sell it.

Is it possible to sell a motorcycle that you owe money on Is there any way to simply sell the bike for it's current value and still retain the extra debt owed to the dealer?

If you owe money on the motorcycle then the lender has a lien on the vehicle. You cannot sell it without the permission of the lien holder. You need to contact the dealer holding the loan and see if they can help you.

What year did car companies not make cars in the 1940s?

Cars for civilian use weren't produced in 1943 and 1944 because all manufacturing facilities were converted to making military equipment.

Can you let a car be repossessed with scratches on it?

A car can still be repossessed if it has scratches or some slight damage. The current value of the car is normally used when netting off the debts.

Why would you get letters from a lawyer about a judgment 8 years after your car was repossessed?

Most likely, the LENDER got a judgement for the balance due on the car loan about 6 years ago. They have likely sold the judgement to an attorney who will collect on the judgement.

If co-buyer has possession of a vehicle and has all financial resposibilities who is entitled to the vehicle buyer or co-buyer?

both buyer and co buyer --- Typically, in disputes like this, possession is factored into the legal decision. It is likely whoever has possession at the time of court findings will prevail.

Can you return a used car to the dealership if they are in breach of contract?

This really depends on "which" contract they are in breach of. The bank contract is tied to the sales contract, different conclusions and responsibilities, but both will have separate and equal rights, seller and customer. Your question is way too vauge to respond with exact conclusions.

If someone owns two homes one he lives in and the other you are paying for and living in and he files bankruptcy will it affect your home or can he reaffirm both homes and just file on his other debts?

This depends on the laws governing bankruptcy in your state. Whether or not you can use both state and federal exemptions and several other factors. Usually a trustee will only allow the home that is the primary residence of the filer to be used as an exemption and/or reaffirmed. This means the home you occupy would be included in your father's assets and would be sold. In order to protect your home it would have to be titled in your and your wife's name. Which may or may not save it, as there is a bankruptcy law called "fradulent conveyance". It is quite complicated, and I would advise you seek the counsel of a good bankruptcy lawyer.

When is the best time to by a car from Nissian Dealership?

From any dealership really, the last week of the month. You see, the dealerships have quotas they need to reach for each month - if they're seriously behind in sales for the month, they're going to be more willing to work with you for your business. Also, do your homework. If you're shopping around, get quotes in writing. This makes the best offer at another dealership a solid starting block for the next dealership. Often, if you can't negoitate price, negotiate your financing rate, add-ons (6-disc CD changer, navigation, rims etc.) MAKE SURE TO BRING YOUR WRITTEN QUOTES WITH YOU!! Have a blast buying your new car!

When a bankruptcy case is dismissed for missed payments what happens to the money already paid into the plans?

If the court has already confirmed the chapter 13 plan then the money already paid is distributed to the creditors. Basically, since the case was not discharged, you still owe the debt, so you made payments towards the debt while in bankruptcy. If the plan was not yet confirmed by the court, the money is returned to the debtor by the trustee save for a small amount for the trustee's expenses (trustee would ask for this in his motion to dismiss). Money would not be distributed to creditors by the trustee until after the proposed chapter 13 plan is confirmed.

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