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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 are reasons a car would be impounded?

Default on loan payments, illegal parking, abandoned vehicle, unregistered vehicle on public property, violations of township ordinances requiring vehicles to remain intact and not be an "eye sore," and private property cluttered with junk cars with out proper authority to run a "junkyard" business - Just to name a few.

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Does Michigan require sr-22 filings?

I don't know of a state that won't file an SR-22 if needed. This is a surcharge of points for the state you received a violation in. Example I live in Massachusetts if I drove to New York and was stopped for DUI in New York they would file an SR-22 on my Mass insurance, so they would collect the penalty and they send the money to New York. Usually a SR-22 last for three years.

What is the laws for cyberbullying in Ohio?

What punishment does cyber bullied get that cause a person to commit suicide

Can a repo company repo your RV if you are living in it?

Depends on the state laws, they may need to serve you with a eviction notice before repo. Although if nobody is home and the repo man shows up good chance they would repo it and expect nobody lives in it.

Can you get back aftermarket accessories from a repossessed vehicle that were NOT on it when it was purchased?

As a rule of thumb, if you could turn the car upside down and shake it, whatever would fall out is what you get. Not counting baby seats, ect. For the folks who read this, IF the lender is talking REPO, get your stuff out of the car. You WONT drive it for free long.

What methods do Repo men use to try and find a car they are having trouble finding?

Way too many to mention much the same that a P.I. would use to locate an individual. Did you really think that you would get a repo man to tell you his secrets? Come on. there is many ways. and a repo person will find that car maybe not today but they will find it.

Is the homeowner or the tenant responsible for damages caused by a tree falling on a rented property?

Homeowner's insurance would be the first recourse. If insurance does not cover the damages the owner of the property would be responsible. The answer above is fundamentally accurate but the tenant is not automatically free of any obligation. If the tenant is renting a home as opposed to an apartment he may have some responsibility for reasonable upkeep and maintenance. If he fails to water the tree for a year and that is the cause of the tree falling, the owner may have recourse against the tenant.

What are the repossession laws in Texas?

REPO LAWS DOT COM has a good over view of the rules in Texas.

Is a lender in Missouri required to send the borrower a Notice of Right to Cure before repossession action?

No, Missouri has no laws that require the creditor to notify the debtor that a vehicle is subject to repossession.

The lender can have the vehicle repossessed without notice as long as the repossession does not commit a breach of peace as defined by the laws in the jurisdiction where the vehicle is seized.

ADDED: While the above answer may have been correct at the time it was written - it is no longer applicable.

Quote: "As per the UCC, repossession is allowed and permitted as long as it is peaceful, after a Twenty Day Right To Cure Letter from lienholder to debtor. One time cure law in effect in Missouri; all others per contractual agreement." unquote

See below link:

If you default on your car loan can they take your away your pension?

Not right away.

Generally:

  1. The lender has a reposession company pick up the car and take it to an impound yard.
  2. The lender has the title changed to their name.
  3. The lender sell the car to a wholesaler, usually for the wholesale book value.

From the proceeds the seller recovers the legal fees and the reposession fees. The balance of the money is credited to your account.

Now the lender comes after you for the rest of your account balance. The can:

  1. Negotiate with you and settle for part of the money.
  2. Get a collection company to recover as much cash as they can from you.
  3. Take you to court and now the court can garnish your pension to pay off the debt.

Can a bankruptcy trustee take possession of a car or demand the car value because a lien 'was not perfected in timely manner'?

Yes, the Trustee can and it does happen. Every creditor that has a secured lien must file the appropriate paperwork with the appropriate state agency and in most states, doing it within a certain number of days. Normally 20. If they don't do it timely, the Trustee can avoid the lien because it is voidable. In bankruptcy, Trustees have the power to void certain types of liens and unperfected or faulty-perfected liens are one of them. What to do? Easiest is to give the car to the Trustee. Then you may want to consider a separate cause of action against the car dealership for faulty perfection filing. May be able to recover the fair value of your use of the car. You won't have to pay the note back on the car. More opinions from FAQ Farmers: * Probably. You always have the right of appeal, though. And then a judge would decide if it is allowable.

How do you file harrasment charges on the police?

First is first: This is a serious thing and you should treat it that way too.

And here are some steps;

1. Go to the Police Department.

2. Explain to the man/woman at the desk counter that you have a situation that requires assistance.

3. Explain that you need a harassment forum.

4. Go where you feel comfortable or where the desk worker tells you to go and fill out the forum.

5. Then wait for the Police Dept. to contact you back.

Hope this Helps. And be safe.

Can you get your repossessed car back once you have paid back the amount that was owed for past payments in Florida?

IF the lender agrees to that amount, yes. Sometimes they want you to pay the loan off completly. And you have to pay the repo fees. Call the lender and find out.

In New York State can a lender repossess a car even if it's current when you are in default on another loan with the same creditor?

It depends how are you in default.... is it because of insurance coverage??Need a little more info here to give you a better answer.

Where do you get information about valuable property left inside a car that was repossessed in Virginia?

Contact the lender.They are entitled to the car but not to your personnel property.The repo-company is supposed to log and bag your personnel property for you to pick up(they may charge a fee for logging and bagging your p.p.).

If a judgment is granted to your divorce attorney because you did not pay legal fees can your wages be garnished?

It depends on the state... Probably. * Four US states do not allow garnishment if there is another option for the judgment holder to collect monies owed (bank account levy, seizure and liquidation of non exempt property, lien against real property). Those states are North and South Carolina, Texas and Pennsylvania. In all other US states a judgment holder can garnish wages. It would be quite simple for an attorney as they already have the necessary information to execute the judgment as a wage garnishment.

Can you discover if there is a warrant for your arrest?

The arrested person has the right to inform his friend, relative or any other person in his interest about his arrest. The police official must inform the arrested person all his rights right after detainment/ arrest of the accused person.

Can your car be repossessed on Tallahassee Florida Hospital property?

Yes. The lienholder is the rightful owner of the vehicle, and a repossessor can collect the vehicle on any publicly accessible property, so long as they don't break into a building, crossed a lock gate, and their actions fall within the guidelines of peaceful repossession.

If your state does not require a front license plate can you put anything you want there in its place?

No,you can put all sorts of things in the open space as long as it is NOT another lic. plate!

Curse words, un-PC, whatever you want, just no lic. plates or temp. tags etc..

Most one-tag states allow you to put anything you want in that space, as long as it isn't offensive. No curse words, and nothing politically incorrect.

you should always try to have BOTH plates mounted. It is for safety and for easy ID of cars by witnesses.

If you were given 2 plates then Mount them!!!!!

If not then you can put some other message there -- and you will be more easily identified from a crowd. + He said he lived in a state that had only "one" plate. So your answer; besides being written poorly, has no relevance to the question. You can put anything that will bolt up. The politically correct part of the first answer is not law. Good taste should rule the day, but, hey, it's your car. Check the law books for your state, so that a ticket is not in your future.b.mannino

Also, if you travel to another state and they require 2 plates you'll get a ticket.

If you live in a state that has one plate and travel to a 2 plate state you CAN NOT get a ticket, that was a pretty stupid answer.

You should always check with your local DMV for things like this. Never trust strangers on the internet for legal advice...

If the trustee declared your case a no-asset case even though there was an asset listed that the trustee overlooked it is your attorney obligated to bring it to his attention?

Bring it to the attention of the BK attorney immediately and have the error corrected. If this is not done in a timely manner the bankruptcy can be dismissed with or w/o prejudice.