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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 if you are in bankruptcy and voluntarily surrender your vehicle does it still go on your credit as a repo?

Yes, because it is still a reposession, even if you agree to it. It's irrelevant anyway since a BK is far more damaging than anything they might say to your credit.

Can you return a used vehicle that the financing has not been completed on?

As long as you have not sign any paper work at the dealership then you should be able to return the vehichle? Howver if you sign the paper, I might suggest that you try to refinance with someone else if you feel that perhaps your interest rate is too high.

How many years has the world?

The world is said to live till more billion years. After that core will become cold and earth will become inhabitable.

Can a vehicle just be repossessed if 2 months in arrears without a court order?

Yes, a vehicle can typically be repossessed without a court order if the borrower is two months in arrears on their payments, as long as the repossession is conducted in accordance with state laws and the terms of the loan agreement. Lenders generally have the right to reclaim property when borrowers default on their loans. However, they must follow specific legal procedures and cannot breach the peace during the repossession process. It's advisable for borrowers to review their loan agreement and local laws regarding repossession rights.

Can i buy a vehicle from a company before it liquidates?

Yes, you can buy a vehicle from a company before it liquidates, provided the company is still operational and the sale is authorized. It's essential to ensure that the transaction is legitimate and that any outstanding debts or liens on the vehicle are resolved. Additionally, it may be wise to consult legal advice to understand any potential risks involved in purchasing from a company facing liquidation.

Can someone register the car under someones name with out a promision?

No, someone cannot legally register a car under another person's name without their permission. Registration typically requires the owner's consent and their identification, as well as proof of ownership, such as a bill of sale or title. Attempting to register a vehicle under someone else's name without authorization can be considered fraud and lead to legal consequences.

How do you get a cosigners name off the title of a car if they are dead?

To remove a deceased co-signer's name from a car title, you typically need to provide a copy of the death certificate to your local Department of Motor Vehicles (DMV) or relevant authority. You may also need to complete specific forms, such as an application for title transfer, and provide proof of your ownership. If the deceased co-signer's estate is involved, you might need documentation showing that you have the authority to act on behalf of the estate. It's advisable to check with your local DMV for their specific requirements and procedures.

What is a homunculus?

A homunculus is the nerve map of the human body which exists on the parietal lobe of the brain.

How does beach replenishment work?

Beach replenishment works by people quarrying rock crushing it into sand or shingle then closing off a beach for a day or two and dump the sand evenly onto the beach. This can absorb the wave energy to help slow down erosion.

What is a proper response for someone who has lost their job?

I'm so sorry. What a rough deal [and only if you mean it] is there anything I can do to help.

What do you call the person behind the reigns of a horse carriage?

"The Driver"

The person(s) at the reins is called a *Coachman*(-men)

Can carbon monoxide get into a house from a car running in a closed garage?

Yes. Carbon monoxide can get into the living area through the tiniest cracks and gaps that are present in any house.

How do you become a lienholder on a vehicle which a friend buys from you?

Look on your TITLE. You sign just as you do if they paid cash AND you sign as LEINHOLDER. Then when he goes to register it, they will show you as leinholder. If you have any doubts, go with your friend to register it. That way you KNOW its done. Repo it? YES, if , you know where it is. Before you give your friend the keys you should have in writing and always have in writing his proof of insurance for the vehicle. You are still under obligation for what happens to the car and who is injured while in or by the car. Selling with a hand shake agreement to a friend or family member is rarely going to have a good outcome. Just act as a bank would if they financed your friend. True friend would understand and not ask for anything less!

Is a surviving spouse liable for credit crad debt and car loan under his or her deceased spouse in Colorado?

If the spouse has a Will stating "all of my debts are to be paid." Yes. If not, you just need to send a copy of the Death Certificate to each creditor.

What do you do when you lent a friend money and they promised to pay it back but haven't. It's been almost 2 years?

* Have you asked them for it? * Was there a time limit on when it would be repaid? * Do you have anything in writing? * Can you afford to write it off and forget about it?

Your answer to these questions will influence the options available to you.

A single car give off how much pollution?

It depends on the amount driven. Every liter of gasoline burned releases about 2-3 kg of carbon dioxide and nitrogen oxides. That's 16 to 20 lb per gallon for Americans who aren't metrified.

Can sadism be cured?

Not really, only tamed. Just tone it down if its creating a problem

How do you prevent a repossession agent from coming on your property to search for a vehicle belonging to a person who no longer resides at the address?

Call the police and have the person arrested for committing trespass and peace disturbance. This action is only possible if the individual the agent is seeking no longer has mail delivered to the address, possessions stored at the address, name on a rental agreement and so on.

How long should you wait before trying to get a new car after a repossession?

Bad credit says on your account for 5-7 years. If you wait 3-4, then you may be able to get another car with a co-signer or with high interest. You may be lucky to get one after 2 years. The more attempts you make to inquire on your credit report to get a car, the worse it looks. You must go to a credit counselor or the credit beureau to inquire on your credit account without any negative impacts.

Certainly there are lenders that MAY give a loan to someone with bad credit, especially if there is a down payment, etc. theyalways charge a much higher interest rate, and hence the loan may not, or should not, be something you should want to encumber yourself with.

Which brings us to the real answer for "how long". You should only consider trying to get another loan after you have corrected whatever caused you to default before and have gotten your finances under control so that you can actually abide by the terms and promises you would agree to.

How Does a Petition Work?

Lots of people sign their names in a protest against something being changed. Then the people show it to the person in charge and the person in charge decides if enough people have signed for him/her to change his mind about changing the something.

You want to get back with your ex wife but she plays cat and mouse?

If you love her then keep chasing her.But your just wasting your time finding love i understand you love but you could be with someone who loves and you and who's not gonna away.

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