Repossession

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.

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 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.

as long as u feel like it

leasee

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

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.

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.

I think you could only do something like that as a cosigner, because the loan originator will put a lien on the title that will have to be settled before the car can be sold or transferred.

There is no such thing as a 3 day rule or buyers remorse law concerning cars.

The simple answer is, that if the bank never picked it up it is not repossessed. If you are not making your payments, and really want to give up the vehicle, what a lot of people do is take it back to the bank, and leave it in their parking lot. Be sure to give the bank manager the key and let them know what you are doing. If this is not possible continue to try to call them.

Only if the car sells for more than amount owed plus expenses to recover, collect, attorney fees, and sale fees.

No

This is one of those questions that the answer depends on who you talk to. As a repo agent I have tried to find the answer and it has been difficult. I believe the answer is yes, but if the repo agent damages the car he is moving then (of course) he is responsible, just like he would be responsible for damage caused to a vehicle he was repossessing.

YES

Assuming you mean someone in the armed forces, yes, of course. The person must have sufficient nexus, or presence, in the state it is to be registered in. Check the RMV website for the state.

You must be making minimal payments that are only covering the interest. You need to pay more attention to the details when you borrow money. You must have signed a loan agreement and failed to read the small print. That's how unsophisticated borrowers get taken advantage of. It isn't fair but it's something you entered into voluntarily. You need to pay more attention and start making much bigger payments.

You must be making minimal payments that are only covering the interest. You need to pay more attention to the details when you borrow money. You must have signed a loan agreement and failed to read the small print. That's how unsophisticated borrowers get taken advantage of. It isn't fair but it's something you entered into voluntarily. You need to pay more attention and start making much bigger payments.

You must be making minimal payments that are only covering the interest. You need to pay more attention to the details when you borrow money. You must have signed a loan agreement and failed to read the small print. That's how unsophisticated borrowers get taken advantage of. It isn't fair but it's something you entered into voluntarily. You need to pay more attention and start making much bigger payments.

You must be making minimal payments that are only covering the interest. You need to pay more attention to the details when you borrow money. You must have signed a loan agreement and failed to read the small print. That's how unsophisticated borrowers get taken advantage of. It isn't fair but it's something you entered into voluntarily. You need to pay more attention and start making much bigger payments.

Every car obtained on loan definitely is an insured one.One gives loan on insurance basis only.

That depends if all the wheels are on the ground. Some cars have to have the drive shaft disconnected so it can be towed. Then it doesn't click up mileage.