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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
Will an impounded vehicle be turned to the lien holder?
Not unless the lien holder goes and retrieves it from impound themselves. The reimbursement of government fees (federal, state, or municipal) outweighs the priorities of the lienholder. When a vehicle goes into impound, the agency which impounded the vehicle puts their own lien on it, and that lien takes priority over the original lien. If the vehicle is not retrieved from impound, it will be auctioned off, and the lien holder basically gets shafted in the process. The person who took the lien out on the vehicle will owe the remaining balance still, and one of the money the agency auctioning the vehicle makes will go towards reducing the amount owed to the lien holder. To that end, you're better to let the lien holder repossess the vehicle and auction it, rather than have it impounded.
there is a certain period of time they have to hold on to it depending on state laws, for you to retrieve your vehicle. after that they may legally sell it without contacting you.
In the State of Arizona, the license plate belongs to the debtor. They cannot charge you for your plate but they can charge you for inventory and storage of your personal property (which, incidently, includes your plate).
Not enough information is supplied about the reason for the vehicle impoundment.
For instance - was it impounded as evidence? Was it impounded as being used in a crime? Was it impounded as an unsafe vehicle? Was it seized for drugs? Was it seized pursuant to an arrest for DUI?
How do I take over someone elses car payment?
You can either A: Ask them to leave the car in their name and hope their insurance doesn't find out. This would be fine for you but for them it is very risky bc if you stop paying they get screwed not you. You could also write up a contract and have it notarized, that way it will hold up in court. or B: Go to a bank ang get a check from them approved for the payoff of the car. Then give it to the owner and he/she will send it to the finance company to pay it off. Hope this helps!! Matt
Do you have a right to know what your vehicle was sold for after repossession?
by law in the state of Texas,a repo cannot sell for anymore than what is owed.The finance company has to tell you what the ballance on it is after it sells,add around $600 for legal fees to what was owed before the repossesion and subtract the ballance owed now which gives you what the repo sold for
VICTIM buyer has to pay off the leinholder to get car. And/or sue con seller. Leinholder WILL get their money. GOOD LUCK...
What do you have to go through to own a auto mechanic shop?
first you have to be a certified mechanic, then you will probably need to get a loan from the bank to buy a place where u can have your own auto shop and it all works from there
Where would the VIN number for 1989 suzuki sidekick be located on the car?
The vin number should be located on the dashboard, drivers side, towards the left. It should be a long metal strip with the numbers engraved on it. If for some reason yours has been removed, check the title of the car or inside the door jams. Hope this helps...
Can you get a parking ticket for no vehicle inspection sticker?
Depends on your local laws and ordinances. In Boston, MA, for example, not only can you get a parking ticket, your car can be impounded immediately as being "unfit for travel on a public way."
Can I trade in my car even though it won't pass a smog check?
You certainly can trade your car in even if it won't pass a smog check. Some people will even let you trade cars that don't run.
Does Oregon have a law against defrauding a secured creditor?
Look at ORS 164.135 (c) (2), does that qualify???
You need to sue them in civil court.
of course since you are using their income. of course since you are using their income.
How personal items are handled when a vehicle is repossesed is pursuant to state laws. However, even if said person(s) turned illegal substances over to the authorities, it is unlikely charges could be brought, it would in the majority of instances not be considered a legal search.
Is spilling salt considered good luck?
No it is bad luck that is why you have to throw it over you left shoulder to hit the demon in the eyes.
You cannot get the key to turn and come out of the ignition?
Key or ignition tumbler is worn. If you cannot remove the key, then you will have to remove the tumbler assembly and replace it. If you can get the key out, then try a key that is not used very often. If it works, have a duplicate made of that key and destroy the other key with the problems.
What are reposession laws in Minnesota?
Minnesota law 168A.16 states:
Unless otherwise agreed secured party has on default the right to take possession of the collateral. In taking possession a secured party may proceed without judicial process only if this can be done without breach of the peace. If not, a legal action may proceed. 9-503
In essence, the laws are the same as any other state. If you default on your vehicle loan, or any loan secured by property, possession of that property can be taken by the lender, and sale is to be used to offset the debt.
You'll notice the "Breach of Peace" comment at the end. Essentially this means that the repossession agent is going to sneak up to your property, or into your employer's parking lot and take the vehicle when you are not looking. If they are not able to succeed at this, a spotter car may be assigned and when you least expect it, saw when you are your local Walmart, or out grocery shopping, you will come out with all of your purchases to find your vehicle is not where you parked it, and some guy in a tow truck is waving at you as he drives away with it.
Do repo men have the right to open your gate and pass your no trespassing sing?
well what that happens to me i shoot them in the foot then the knee and finish off with head shoots lol no they are legally not if they do not have promission from someone in a high place, it like a worrent of some sort.i cann't remember who they need promission from but it someone high up
On power 1800cc turbo diesel focus?
I have exactly the same problem and have not solved it. So Ive researched. This is the most likely answer Ive come up with: www.fordscorpio.co.uk/replacemap.htm
