Repossession

If it's repossessed, it's repossessed... there's nothing to report. As long as there's a lien on that vehicle, the lienholder is the rightful owner of it, and can reclaim their property.

Yes. When the vehicle is repossessed it no longer belongs to you and there is no requirement to tell you where it will be stored.

A finance family deployability checklist will prompt you to make sure that you make arrangements for your car payments.

No, you don't get any rights over the car. Co-signing just agrees that you have an obligation to pay all or part of the debt in case the other person does not. You can't really 'get out' if it unless you complete the obligation.

ask your friend

No, but he'll usually have to give you some notification that your vehicle is being repossessed. By the time he comes to talk to you, it usually means he's already hooked to your vehicle, at which point, it's in his possession, and there really isn't anythiing you can do about it.

Yes

call the cops. that is theft.

Quite probably. Because you have paid so much of the loan they might even find it more attractive to do so.

No, it's 100% legal. That finance company is the lienholder. What that means is that, until you've paid that vehicle off and have acquired the title, the lienholder is the rightful owner of that vehicle, and has every right to reclaim their property when the conditions of the contract are not met by the lessee.

Provide the DMV with a copy of death certificate when you transfer title.

The car will most likely be repossessed unless you make up the missing payments and penalties.

A valid repossession must not cause an unlawful breach of the peace - even if the debtor is the one instigating the breach. So if the debtor gets into the car, it cannot be repossessed at that time, you'd be kidnapping them essentially. In the USA, this actually happened, the repossession was declared to be non valid and the debtor awarded a cash settlement in court.

The repo company will remove personal items from vehicles they repossess. They'll typically charge a storage fee for you to retrieve those items.

A Mechanic...

The finance company will want to be paid in full if they find out it's stolen. The responsibility to satisfy the loan falls on you seeing that you failed to maintain insurance.

leasee

You get a noisy Honda.

only if the loan is not satisfied. Sometimes you owe more than what your car is worth. Insurance company's only pay what the value is minus the deductible. This may leave a deficiency balance that has to be paid by you. If you don't pay the balance you will be in default of your loan.

as long as u feel like it

A trustee sale is a public auction at which a piece of real estate is sold. Trustee sales are held when people default on their mortgages and the lenders take possession of the property, and they are also held when people fail to pay their property taxes and the taxing authority takes the property. Such sales are usually listed in the newspaper so that members of the public are aware of the fact that property is available for sale.

In the case of mortgaged properties, when someone mortgages a property, part of the agreement involves a clause which allows the lender to foreclose on the property if the borrower does not pay. When property is foreclosed, a person is appointed to act as a trustee to handle the repossession of the property and the sale at auction. The purpose of the trustee sale is to collect the balance of the loan. Tax auctions are held for similar reasons.

In case you will not be able to make a payment on a set date, you will be get penalties ( it maybe different according to the company and to the state you are at). I would recommend you to check all the consequences before applying for one. All check installment option. Do not feel ashamed to ask your future lender to name you the exact amount you will owe him if you will not make payments. Good luck with your payday loans and remember to use this service only in case of emergency. These are not good places to obtain loans and should only be used for extreme situations.

Put down some money to hold the car and wait until its fixed to begin your financial agreement.