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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 get a repossession back in the state of FL?

Theoretically yes, if you act quickly enough. The lienholder gets to decide what you have to do in order for this to happen; it could range from "make up all the missed payments and pay the repo fee" to "pay off the loan in full, plus pay the repo fee." Theoretically I suppose it could be less than making up all the missed payments, but if they trusted you that much I'm not sure why they would have gone to the trouble of having it repossessed in the first place.

If the car has already been resold (and lienholders don't tend to hang onto them long, because they really don't want to be in the car storage business), then no, it's gone and you can't get it back.

Do you have to pay delinquent California DMV fees on a car you no longer own?

Only if you plan on keeping a valid California drivers license. The fees will cause your drivers license to be suspended.

Can you repo a car that sold for cash 6 months ago that the buyer has not registered yet and each month you get traffic tickets fines impound notices etc can it be repossessed?

Repossession is when a lender takes possession of an item after the owner fails to make payments toward the debt.

You could file a civil suit for the fines and other issues that you have incurred. You could also ask the court to order the buyer to register the vehicle.

You could also, at least in some states, including where I live, go to the DMV and execute an affidavit of "sold but not transferred". Should you be able to establish the date the vehicle was "sold but not transferred", the tickets cease being your responsibility, more importantly if the vehicle is wrecked or used in some crime you would not be the "responsible" party. Better go ahead and get it done.

Can you file bankruptcy on the IRS in Washington state?

No. Federal taxes may not be discharged regardless of which state the bankruptcy is filed.

Can a felony for BE be removed in NC?

It is possible, but by no means certain. To request an expungement: You must have served the complete term of your sentence - then submit a petition to the court setting forth good reason(s) why your request should be granted. A judge will review your petition and the circumstances of your offense and issue a ruling either granting or denying the request. AN EXPUNGEMENT IS NOT A PARDON! Expungement only removes the record of your offense from being viewed by the public. Law enforcement, the courts, and government agencies will always have access to your complete 'actual' record. If you were convicted of a felony crime, (unless you are a resident of a state which completely restores your "rights"), tor legal purposes, your status will still remain that of a 'convicted felon' and you remain subject to any restrictions that status places upon you (voting rights - privilege of holding elective office - gun possession - etc).

Can you have a neighbors car towed for parking on your property in Oregon?

If it's on your property, why don't you be a good neighbor and try to keep the peace in your neighborhood and just ask them to move it. If they don't then call a tow truck.

If the car was repossessed can the lender refuse to allow the cosigner to make the payments and insist that the full amount be paid?

Most loan contracts have a 'right to accelerate the balance due" clause to cover the LENDER if they don't think the signors can make the payments in a timely manner.

This is very true, however if you ever find yourself unable to make the full payment on anything, the best thing to do is contact your lendor. Most lendor's would prefer to receive some payment rather than repossess and try to resell, they WILL loose money. So if you make arrangements with them they will most likely be willing to work with you. However, I really do NOT suggest making such arrangemtns and then not paying, because the lenders will NOT be happy, they WILL repossess and you WILL owe them the whole amount before they let you have the property back.

Can both the bank and repo man charge retaking storage repair and sales expenses when you bring your payments current and pick up the car?

"both" the bank and repo man?? NOT that I am aware of.

retaking, REPO??? usually charged by lender storage, USUALLY charged by repo co. repair (NOT normally done), sales expenses WHAT did who "SELL"??? READ YOUR CONTRACT. It should govern what you pay to whom.

What happen to northwestern dodge.The car ealership thatwas located in ferndale michingan?

I like to know myself. I have been asking around. It seems to be a mystery.The economy is very very very bad in Michigan right now. The prices of gas are rising everyday and truck sales are suffering because of it. Northwestern might of had to bail out because they sold two trucks that people just are not buying,the NITRO and the DURANGO. It is a mystery to me too. I will keep checking around.

Business and sold a guy a car he took the car and never paid Can i repo his car and how do i go about doing that?

First: no, you may not "repo" the car, because you do not have a "security interest" and "security agreement" which gives you permission to do that.

Second: if the buyer "took the car" without paying, it could be a criminal offense (theft, theft by deception, etc) and you can file a police report and let them get it back for you.

Third: if the buyer simply didn't make the payments as agreed, and you don't have a repo right in your loan agreement, and they won't give the car back voluntarily, then you must seek permission of a court (judge) to request the local constable/sheriff/police to take the car back and return it to you as a breach of contract, or as fraud, or whatever your lawyer tells you your facts will support as a claim.

Attempting to "repo" a car without an agreement is called "self-help" and will get you arrested if not shot and sued. Of course, you have a counterclaim for the value of the car that was taken from you and any expenses it costs you to get it back.

If a person signs as a co-signer on a car or truck can they take there name off of it if the primary owner will not allow it?

Yes, after the loan is totally paid off, but not before. Get a lien release from the lender. Once you have the lien release, there is really no need to get a new title just to remove the cosigner's name.

Another Perspective

The procedure may vary from state to state but generally: If the loan cosigner's name is also on the vehicle's Certificate of Title they must sign the title over to the primary borrower when the loan is paid off. Then the owner must bring the certificate to the DMV to have it reissued in the owner's sole name. Check the DMV rules in your state.

Your car breakdown who should you call to tow your car in Dubai?

Hi,

You can ring Middle East Star Automobile Recovery on 04-2712558 or 0502045208. They provide Breakdown Recovery, Automobile Towing in Dubai / Sharjah UAE Untied ARab Emirates, Tow service to GCC, Oman, Qatar, Bahrain, Saudi Arabia at very reasonable price.

How can you stop a repo?

The #1 best way to stop a repo is to PAY YOUR NOTES or make arrangements with the LENDER. The lenders starts the repo, they stop the repo.

Pay your bill.

Can you be sued for the remaining balance of a voluntary repo even if they haven't sold the vehicle yet and all the dealer finance company did was relocate it to one of their other locations?

yes. even though you gave it up you are in breach of contract. the main purpose was to sell that vehicle and not have to turn around and sale it again. the depreciation of a vehicle drop about 3,000 when it leaves a dealers parking lot. they have to continue to make payments on it since you can't do it anymore. they pay for shipment, insurance on their cars just incase someone breaks into them and tries to steal the radios, etc. while parked on the lots. they have to fix up the vehicle if its repoed, that cost money. they have mechanics they have to pay and other employees-repo people as well. they have to pay taxes up front on every single vehicle and business taxes are a lot higher than individual taxes. they have to pay a registration fee on every vehicle. it ain't cheap. Spare me ..... if the banks lost money or the car dealers lost money guess what?? they won't do it!!!!!

How long before they can repossess you car in Virginia?

The lender can legally take the vehicle one day after the payment is due. That is, on the day the payment is late, the lender can begin repossession efforts. The day the payment is late, the contract is void.

If a car is financed in the husbands name but rewarded to the wife and she gives the car back is there a way to make the wife pay for the car?

The person in possession of the car would most likely be the one paying the installment loan, unless the payments are seen as part of support or alimony. Consult your divorce attorney for information regarding your particular situation.

Is sales puffery legal?

The law allows what is known as sales puffery. This is an emphasis on subjective qualities, such as that a car is beautiful and will make you feel good, or that a high-fat food tastes good without mentioning the health risks of excess fat.

If you made a car payment for a friend facing repo and who ended up in jail is there any way to recoup the money from the bank in return for the car?

The laws on this will vary by state, but the chances are unlikely that the bank would be legally required to return the money to you. You will need to look to your friend to get your money back.