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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

Can you sell your home after you use it as collateral?

No, you cannot. The moment you declare your home as collateral, the bank would take control of the home documents. Until you finish repaying the loan fully, the bank would not release the documents.

During this period, trying to sell your home is a criminal offense and the bank can have you jailed for this

If the lender refuses to pick up the car and still wants you to pay the balance what do you do?

K, you can deliver the car to the lender OR you can look at it. There is a reason WHY they wont pick it up. Does it run? Is it wrecked? Is it worth P/U? I suspect it is NOT. Whatever happens , you WILL pay the balance. Your best option is to make some kind of payment arrangements with the lender. Large or small, send something on a regular basis. Good Luck

Is it legal for a law firm to renew a civil suit on a leased vehicle repo ten years later and demand money?

Likely it is, but without knowing what state you are in, who can tell?? Simply tell them you want verification of the debt. IF they provide it, you will have to pay. IF NOT, forget it.

Can your financial institution have your vehicle reposessed if they don't have your current address?

Only if you are behind on the payments........ Finding your current address is about as hard as posting this question on this board. It only takes about $100.00 to get your new address from an old friend.

California replevin law?

California Code of Civil Procedure, Section 512.010.

512.010. (a) Upon the filing of the complaint or at any time

thereafter, the plaintiff may apply pursuant to this chapter for a

writ of possession by filing a written application for the writ with

the court in which the action is brought.

(b) The application shall be executed under oath and shall include

all of the following:

(1) A showing of the basis of the plaintiff's claim and that the

plaintiff is entitled to possession of the property claimed. If the

basis of the plaintiff's claim is a written instrument, a copy of the

instrument shall be attached.

(2) A showing that the property is wrongfully detained by the

defendant, of the manner in which the defendant came into possession

of the property, and, according to the best knowledge, information,

and belief of the plaintiff, of the reason for the detention.

(3) A particular description of the property and a statement of

its value.

(4) A statement, according to the best knowledge, information, and

belief of the plaintiff, of the location of the property and, if the

property, or some part of it, is within a private place which may

have to be entered to take possession, a showing that there is

probable cause to believe that such property is located there.

(5) A statement that the property has not been taken for a tax,

assessment, or fine, pursuant to a statute; or seized under an

execution against the property of the plaintiff; or, if so seized,

that it is by statute exempt from such seizure.

(c) The requirements of subdivision (b) may be satisfied by one or

more affidavits filed with the application.

Can a mechanic repossess a vehicle from private property with no signed work order for non-payment?

Ill answer this in parts. Mechanic repo? YES Private property? YES No signed work order? ORAL contracts are legal too Non- payment? why else would he be "repoing"?? You need to make a deal of some sort, namely PAYMENT

Is it illegal for the spokes on swangas to Poke out on your vehicle?

Nope, unless the spoke can hit another vehicles tires and pop their tire, your fine.

What is the car repossession law in NY There were no specifics for NY Is there a site that the law can be found?

Repos are covered by a number of different laws: contract,civil and depending on the actions of those involved crimminal law.Its best to ask a specific question and perhaps someone can point you in the rightdirection.

We own a condo for 17 years the corporation has placed a lien which include 2 months fees high legal fees for payments they said they didnt receive I promptly offer replacementthey won't take it?

You can start unraveling this situation by reading your governing documents. The lien may be an automatic lien against your title, which the association chose to file with the court.

If your governing documents offer a hearing option once you've received notice of a violation -- in this case, apparently not paying your assessments -- pursue that option.


As a 17-year owner, if you are reliable in paying your assessments, you should be able to point to your on-time payment history.


The legal fees charged to the association in this case will be paid by you one way or the other: either you pay them in full as part of releasing the lien, or you will pay them with your assessment dollars.

Do you need a police escort to retrieve personal belongings from spouses home?

If you haven't consulted with an attorney, it would be a good idea to do so. The short answer to your question is "It Depends?" Is the house is in both your names and you have both been living togather at the residence it belongs to both of you until a judge tells you otherwise. However arranging for law enforcement to keep the peace would be a good idea.This can also vary state to state. Domestic issues can escalate and turn violent quickly. If you don't have an attorney to ask you can call your local police department and ask them what their procedure is. Some will call the spouse and set a time and avoid a unecessary confrontaqtion.(use the non emergency phone number to call.) If the house is only in the spouses name then they don't have to allow you on the property. That also varies state to state.Keep in mind law enforcement can only supervise and assure the safety of both parties. They can not determine what can or cant be taken from the home. They are also not professional movers so don't expect them to caryy and lift your belongings. They are there to keep the peace. Its not a good idea to just show up with other family members or children. If at all possible try and arrange a time and specify what you want to remove ahead of time. Docuument everything that you remove and leave a copy with your spouse. Even the most reasonable rational people can turn ugly when faced with domestic issues.

Can you make this amount of money 168.9.210.12.?

No. This number is an impossible decimal. Only one decimal can appear in a number at a time.

Where or how can you get duplicate copy of release of lien?

A lien has to be filed with the courts. So your best bet would be to go to the records department of the court.

Is there a Texas state law about calling in to work?

In general, no. Each employer sets his or her own policies regarding how employees must report absences. And, employees who don't follow the company policy can be fired. However, there is a federal law (the FMLA) that grants employees up to 12 weeks of unpaid leave if they have a serious medical condition.

If your car is seize by police do you have to pay towing and storage fees?

Yes, it is your vehicle. The money owed for it's tow is due to your failure or violation. If you hope to get your vehicle back, pay the fees within thirty days. Some jurisdictions do not wait long to sell abandoned vehicles.

What bankruptcy court did rag shop file in?

As of 12/07 - They filed under Crafts Retail Holding Crafts Retail Holding Corp. is appearing today in U.S. Bankruptcy Court in Brooklyn, New York with a $16.1 million offer from Hilco Merchant Resources as the highest bid from the June 12 auction for the right to conduct going-out-of-business sales at its 61 Rag Shop stores selling arts, crafts, and custom framing.

How long does a repossession in Mississippi stay on your credit report?

By federal law, 7 years from the date of repossession or sale or last payment. The state is irrelevant.

Who regulates auto repossession in Texas?

NO state agency or board. Any complaints should go to the State Attorney General office.

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