Repossession

Not sure of a unit called a Transformer, but Pierce Sales in Henrietta, Texas had one called The Recluse that folded out of a normal pickup truck and turned into a repo truck. There was another unit called The Illusion made by a company in Houston, but I believe they went out of business.

The person wishing to take the action needs to be certain that the debts were actually discharged in the bankruptcy before he or she can take any steps to have the liens lifted.

The other issue would be if the property was legally transferred according to the federal or state bankruptcy laws or if it is being challenged as a fraudulent conveyance.

If the BK has not been discharged and in most cases closed as well then the liens may still be valid.

The best option is to consult with an attorney who is knowledgeable in federal and state bankruptcy matters.

Karen, it is possible to do so legally. You should ask your B/K attorney if it was legal the way it was done. S/he is in a btter position to know ALL the facts. Within days of filing the BK, your finance company should have received notice that you filed for BK protection. If they wanted the vehicle, they should have filed a Motion to Lift the Automatic Stay. It is up to the BK court to grant or deny the Lift of the Automatic Stay. If they didn't, then they cannot legally repossess the vehicle. If they did, they have every right to repossess the vehicle. Consult your attorney immediately.

Yes ,15 days to reinstate your loan whether it was a voluntary or involuntary repo. You will be required to pay the past due on your loan plus any repo fees incurred. See Reese-Levering Law

In most states, you cannot get a lien on a vehicle unless the debtor voluntarily grants one to you. Your other option is to have the vehicle sold at a public auction to help satisfy the debt. * Small claims judgments are generally for monetary recovery only. The judgment can be executed as a wage garnishment or in some states as a bank account levy.

If its not yours ,leave it alone...

Not necessarily if you are already in a lease and making your rent payments on time. It is, however, not hard to find out if a person has filed for bankruptcy if your landlord runs your credit or checks because it is a public record.

Yes, it most certainly is. You would be stealing someone elses property. You never legally "own" the auto until it is fully paid for and the lender delivers a clear title to you.

yes, however they can only take you to court for the total intrest.

If the car was seized as part of the drug bust itself, it may have become forfeit under the drug laws and it will be impossible to regain possession.

A car was seized after an accident in which the person driving it failed the alcohol sobriety test. Will the family get the car back?

See discussion page:

Proof of ownership of the vehicle and, if it some kind of fee needs to be paid prior to release, proof of that payment and, of course, any fee due to the tow company.

Mike, actually IF you can prove the injury happened during the repo and was the agents fault, you will come out ahead. Now if the agent had cameras on the truck as most do, you may face an uphill battle. Otherwise, it will be a you said/ he said spitting contest as to who is right and who is wrong. Mike, it is your responsibility to get your payments in on time as agreed. It is the lenders responsibilities to repo the collateral when it becomes apparent that you are not able to do as agreed. Why didnt you simply give the repoman the money that you were gonna take the dealer first thing in the morning? Save you a trip to town. IF you can prove your allegations, go see an attorney ASAP and get the ball rolling. Good Luck

If it didn't leave your driveway, then it wasn't repossessed.

The answer is yes, if the creditor brings you to court on the matter.

Yes. What happens is that they auction the vehicle. They can auction a vehicle 10 days after they repossess it, not before. They take that money, apply it to the loan. Whatever balance is left is what you are responsible for. One thing you can question, is what the vehicle is auctioned for. They have to make every reasonable effort to sell it for book, they just can't sell it for $10 if it is a $10K vehicle, if you know what I mean. There are guidelines that they have to adhere to.

You need to file for replevin in court. You will need to present evidence that the order is warranted. If the court is satisfied, you will be issued the order.

Yes, they can. Also when they repose it they do not have to give you those items back until they receive there payment.

The car apron is a part of the car that is located under the doorsills. These are part of the actual frame on the vehicle.

Losing party will pay some, but not all, costs. Each side is responsible for their own attorneys fees unless there is an attorneys fees provision in the contract.

Yes and no. No you cannot file for two types of bankruptcy at the SAME time. But yes you can file for chapter 7 bankruptcy if you were unable to complete chapter 13, which is very common. This can be done once for any reason, without court approval. However, to switch back, approval of the bankruptcy court is required, and they will rarely allow a debtor to make multiple switches.

Note that in switching from Chapter 13 to Chapter 7, much of the debtor's property is now up for grabs to be sold off to pay his or her debts. However, if the debtor cannot make the payments under a Chapter 13 bankruptcy, switching to Chapter 7 may be his or her only option.

Yes over the philipines while Lorna Rosser was scamming her own people promised visas work in Australia if they paid 7,500 dollars for airline ticket her then business partner now husband? was sending letters offering free accommodation at the Murchison east caravan park These Letters read I am the owner of the Murchison east caravan park I believe you wish to visit this country of mine in or around November let me know when you are coming so l can have your accommodation ready .[FREE of charge of cause] Were they both involved YES Another Alan writes to Lorna AS MY BUSINESS PARTNER WE WILL BE HAVING SEVERAL MEETING OVER NOVEMBER [how strange Alan what about all the other girls that were booked to arrive in November Oh that's right you both scammed them Lorna came here so you could split the ill gotten gains While your real wife worked at the park unaware as to your dealings HAD CANCER I BELIEVE How is She sorry you wouldn't know You left her .Lorna got Alan's Toyota repossessed .

Banks decision. They can make you pay off, and most do.

In the US, student loan collection companies will garnish wages and keep tax return refund checks. They do not reposses homes or property.

A great program that started this past July 1 is the income based repayment plan. If you consolidate your loans, you can opt in for this repayment program. Your payment can be as low as $0 a month, based on income and # of dependants. You also have the balance forgiven after 25 years of repayment, even if you have hardly paid any of it.

If you want help with the consolidation of your loans, click on the link below.

Peggy, the lender got a judgment against you for the Unpaid Balance after selling the car. That judgment becomes a sellable item. Agencys and attorneys and LARGE companys BUY the judgments before SOL runs out and tries to collect.However, some agencys try to collect even when its no longer possible. Verify that they are legit before you make any payment arrangemnets with them.