Repossession

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

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.

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.

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.

Yes you can. The main interest of the financial institution or or owner of the property is to have the property paid for.

Yes.

A "car dealership" CAN NOT legally repossess a car for any reason unless the are operating as a financial institution (bank/ Lien holder). And they had better be license as a bank if they are. (New York).

As long as the mechanic who preformed the faulty repair admits to it, and is willing to re-repair it, then no you will not have to pay. If the mechanic does not claim responsibility and refuses to fix the faulty repair, take it to small claims court and make sure to bring your invoice, receipt, and proof or pictures of the damage.

How ever long

it takes you to get the title & registra to betion. And I assume you would want the car to be paid off.

You can trade it in but the dealer will have to pay it off before consumating any deal he has with you. Charging it off does not relieve you of the debt nor does it erase the lien on the title.

You have a legal question. If you are in jail in the United States you should have seen a judge and been assigned a lawyer. In this state such questions should have been answered already. What you mean by impounded can vary.

If you were drunk and in a brawl and they threw you in the drunk tank until you sobered up, your car will be impounded until you pay storage and towing. In that case, the stuff in your car will stay there until you come up with the money.

If you are in jail waiting trial and they have not told you the procedure, ask your lawyer. (In this state there is a normal procedure that takes care of such a situation in this state. You use an inmate request form to get information about it.)

No, but it can be impounded by the police. Lack of insurance is a crime, generally a misdemeanor, but if the degree is severe enough the police can impound it as evidence in a criminal case. To get your car back, you would need to provide proof of insurance, a valid driver's license for the owner of the car and the insurance, and pay the fine for the crime as well as the storage fees for the car while it was in the impound lot.

Repossession is done when you have failed to pay on the car loan. In essence, a car loan is a secured loan - if you don't pay the money, the loaning institution can take the car and sell it to pay off the loan.

Contact the dealer or finance company, whoever has the title, and ask them to send it to you. If they refuse, you may have to contact an attorney.

YES

If they have collected the entire amount owing (all principal and interest on the original loan) they have no legal right to repo the auto. If they have only collected the past due amount and there's still a sum due, then they can repo the auto. It doesn't matter one bit if they've charged it off. That's just for their tax purposes.

REPOMAN IN TEXAS: YES, THEY CAN WRITE IT OFF (CHARGE-OFF) AFTER A CERTAIN TIME WHEN THE PREVIOUS REPO COMPANY CAN'T FIND IT. LATER THEY HIRE A BETTER RECOVERY COMPANY TO FIND IT AND RECOVER IT.

A person can lose everything he or she owns when creditors move in to collect what they are owed. A person might have to go through bankruptcy.

Of course. They have the VIN and are the legal owners until you pay it off.

That is up to the lawyer

Yes..... I did

There are two bits of info you left out. Even though you sold the car 4 years ago is it possible you had it towed before you sold it? Check your dates of the tow and the sale. Go to your local DMV to make your name is still not on it.