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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 if your car was reposed after filing a chapter 13 dont you get it back?
If the Chapter 13 was filed before the car was sold at auction, you should get it back. Otherwise, it's too late.
Will an arrest warrant issued in the US put you on all no-fly watchlists in all treaty countries?
Without knowing the charge contained in the warrant it is impossible to answer this question.
Can they tow a car from private property in KY if it has a flat?
Yes, they can, if the payments are in arrears.
How do you sell a car when you are upside down on the loan?
If you have funds to pay off the loan balance, you can sell a vehicle with negative equity. Example: you owe $10k on a car, but the best offer you have is $8k. You must be able to payoff the remaining $2k balance of the loan to your lender to fully absolve yourself of the financial obligations as a borrower. Transfering the title is another matter, and you should reference your state laws.
Whats Georgia's laws on deficiency judgments when you surrender your car?
http://www.legis.state.ga.us/cgi-bin/gl_codes_detail.pl?code=10-1-36 10-1-36. (a) When any motor vehicle has been repossessed after default in accordance with Part 6 of Article 9 of Title 11, the seller or holder shall not be entitled to recover a deficiency against the buyer unless within ten days after the repossession he or she forwards by registered or certified mail or statutory overnight delivery to the address of the buyer shown on the contract or later designated by the buyer a notice of the seller
How many days does it take to cover 3000 miles by car?
How fast are you going? Are you taking sleep breaks? Are you alone or is there more than one driver?
Let's say you are driving at an average speed of 60 mph. If you drive non-stop, it will take you 3000 miles / 60 mph or 50 hours to cover the distance. That would be just over 2 days travel time.
You owe your sister money can you file bankruptcy on that loan?
If you file bankruptcy, you file bankruptcy on everything. You can not file bankruptcy on one loan.
I believe this is a partial list of super lien states I think there are 20 states but I have yet to find a full list, as of 2008 I knwo this list was current.
· Alabama
· Alaska
· Arizona *
· Colorado
· Connecticut
· District of Columbia
· Florida
· Massachusetts **
· Minnesota
· Nevada
· New Jersey
· New York *
· Pennsylvania
· Rhode Island
· Washington
· West Virginia
* Takes priority of all liens except first mortgage liens
** has priority over all other liens except municipal liens.
What determines how much a repossession agent gets paid?
The repo agent determines it. Same as you determine how much you get paid. the more you want to make , the better you are at your job.
How do you repossess a car in Colorado if the owner wrote you a bad check for repairing it?
Start here http://www.ago.state.co.us/CONSPROT/statutes/MOTREPAI.HTM
Wage garnishment in Louisiana?
Federal loan, federal law.
They can garnish 25% without even taking you to court.
There is a problem with your question. If you "were given a warranty deed of right of way" the person who executed the deed, the seller, couldn't have destroyed it. The deed should have been recorded when you received it. Please review the related question provided below.
How can you tell what kind of warrant is issued for you?
As odd as it may sound - simply call the court or the Sheriff's Office or the police and simply ask. Better yet, if you know that there is a warrant out for you, just go and surrender. They're eventually going to get you in the end anyway, and it looks better on your record that you voluntarily surrendered.
Could a car repo affect your tax return?
For that to happen, the lienholder would have to take you to court for the balance of the lien, and a garnishment would have to be placed against you by a judge.
What are the Good Samaritan laws for New Jersey?
The Good Samaritan law in New Jersey encourages people to provide emergency care to an injured person. The law protects the people from law suits and criminal charges.
Have unpaid loans in Dubai can i still visit there?
No , if you do it you will be taken to the jail straight , after one day judge will free you but you have no right to go out of Dubai till you pay your debt
Normally in a BK, the BK entity pays cents on the dollar....the people owing that entity money are held to paying 100%. If the reason they hadn't paid their account has to do with some reason and they have contested their bill, like in any business situation, the Co may negotiate a settlement. It has nothing to do with the BK. Yes, people/Cos the BK OWES, of the same type, must be treated similarly..so you and other non secured creditors may RECEIVE the same percent.
What type of judastriction does the court have?
DUE TO ILLNESS PARENTS NEED TO HAVE THEIR MOTORHOME REPOSESSED. WHAT WILL HAPPEN TO MONEY THEY HAVE IN THE BANK???
Yes. It must be done in conjunction with the court where the original child support order was mandated.
But what if the ex-spouse lives in another state than the one that awarded your your judgment? Can you enforce that judgment in the other state and will that other state allow you to put a lien on the property?
Once a judgment has been granted in any type of case, it can be filed as an abstract judgment against a debtor that lives in a different state. However, the main problem will be trying to get the order enforced in another state. The parent ordered to pay support can appeal under the UIFSA laws and keep the issue and the involved parties can find themselves facing years of litigation. It is not simply a matter of filing an application of enforcement with the N.J. court, receiving a judgment and enforcing the judgment as a lien against the person's property. This is a matter that is best handled by an attorney who is versant in FCCSOA, URESA and UIFSA laws.
If you filed bankruptcy 2 years ago what can you do to avoid a repossession?
New bankruptcy reform will not become law until Oct 17, 2005. Even though you may have filed a chapter 7 two years ago, you can still file a chapter 13 consolidation bankruptcy if your situation fits the criteria. Any secured property included in a chapter 13 can usually be reaffirmed with the lender.
AnswerWhy would you want to reaffirm debt with a lender if the purpose of bankruptcyis to get out from under debt that you can't pay??????? oh that's right you work for the lender...... AnswerBecause the person cannot refile a chapter 7, but they are trying to find a way to keep from losing their property. A chapter 13 will allow the person to negotiate with a lender to make up missed payments and perhaps lower the orignal payment agreement. AnswerWhat property is this person losing???????????? AnswerThe poster is the same person who was trying to decide how to handle any deficit that might be owed if his car was repossessed. His loan amount was for $32,000. He can try to negotiate with the lender w/o the bankruptcy, but that was not the question to which I responded. In Oct. the new BK reform will force the borrower to repay the entire amount of vehicle loan, not just the deficit. Many major lending institutions are petitioning to have this become a universal creditor/debtor law, which would include vehicle repossession, and other property. If he is eligible for a 13 and he chooses to use that option, he can perhaps save his car, and not end up getting stuck with a large debt and nothing else.Can a car go through repossession without sending a right to cure-default notice?
The majority of states allow for a repossession as long as there is no "breach of the peace." There are a few states that require a Right to Cure letter being sent out roughly 20 days prior to a repossession. You need to check your state law.
