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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
Can lojack be used for vehicle repossession?
No they can't. It is strictly a service to recover vehicles that have been reported stolen.
How can you buy out a leased car when the lease expired and car was repossessed?
When a vehicle gets repossessed it either goes back to the dealer who leased it, or, and more commonly, it is auctioned by the reclamation company.
You would need to attend one of these auctions to be able to bid on one, and even then, a lot of times you have to be a licensed dealer to participate.
Check on the local regulations and restrictions on the auto auctions in your area.
What are the legal steps to open a new company that does general repairs?
There are certain legal steps that you need to take when starting any small business
If the bank repossess your car do you still have to pay your car payments?
NO but why would they repo if you are making payments.
You don't still have to continue to make payments, however, if your car is repossessed, normally the finance company will sell the car and you owe any deficiency balance. In other words, let's say you still owe $5000 on your car and the finance company sells the car at auction for $4000. They will eventually contact you and you will owe the $1000 difference.
it should be attached to the lug wrench in the trunk. if not,go to the dealer, we have a universal set that can remove any factory style locks. have them remove the locks and replace the set with a new set...and dont lose the key this time!
I would not buy it unless the seller can prove that there is not a lien against it and that he has the legal right to sell the bike. If he is selling it with a Lien against the title, you will be unable to take ownership until that lien is paid off by the original owner. This is a huge, huge, huge hassle that you will not be able to win unless you are willing to put a TON of time and monetary resources toward. In my opinion, not worth it... move on and get a bike with a legal title in the sellers hand.
An individual who purchases a vehicle jointly with a Buyer, and is jointly liable for repayment of the loan.
You can call your insurance agent to make sure, but if you're driving it and have a bill of sale, you should get insurance coverage. Better safe than an expensive ticket, court costs, and (in some states) very high state-run insurance for a year!
Can you tow a 1994 Geo Tracker 2WD?
No, it as a design feature that Geo incorperated into its design. The only way to move it is either on its own power or with black magic...Not the tire shine, actual Abra ca-dabra stuff. Good luck.
How can you add a person to a title if not married?
It depends on what kind of title you're talking about. Anyone can be added to a car title, regardless of whether they're related or married. what about adding someone to my home's title as co-owner?
Should I Finance or lease a car?
If you use a car mostly for business, the lease expense may be tax deductible. Sales people often use this deduction. But mostly the car company and the bank always win. Once you drive the car off the lot, it's value has depreciated. Usually you have to pay an upfront fee. Leasing a car is like renting: you pay a lot of money and you end up with nothing. You return the vehicle after 3 years, and they sell it to someone else. Better off buying a 2 year old car w 40,000 miles on it.
Can i return a car in Ohio after ourchase?
Can i return a purchased car in the state of Ohio and how long do i have to do so
What happens if they cant reposses the car on a unpaid title loan?
You will need to resolve this as quick as possible. Repossession will happen eventually unless you take care of the situation. Eventually, you will be court ordered to give up the car, or face charges.
Did Georgia have cars and carriages back in the 1900s?
Which Georgia, US or Europe? In any case, yes. Cars were invented in the 1800's, but did not come into common use until after the First World War ended in 1918.
Can you still renew your drivers license if you owe the lender due to repossession?
Yes. The DMV (Department of Motor Vehicles) has nothing to do with whether or not your vehicle was reposessed (nor do they care). This will, however, affect your credit and ability to buy another vehicle.
How can you get into the repossession business in northeast Pennsylvania?
Call some of these companies. Be prepared to start out at the BOTTOM.
- International Recovery Systems, Inc - Collingdale/Philadelphia, PA This Agency has submitted a 'Certificate of Insurance' Phone: 610-534-0404 Fax: 610-534-1555 Cover the states of PA, MD, NJ, and DE.
- American Lenders Service Co. - Scranton - Dunmore, PA This Agency has submitted a 'Certificate of Insurance' Phone: 570-655-3699 Fax: 570-347-4913
- United States Auto Recovery, Inc - Trenton, NJ This Agency has submitted a 'Certificate of Insurance' Phone: 609-695-1003 Fax: 609-656-1707 Cover South New Jersey, Philadelphia and Lower Bucks County
- Wheeler Associates, Inc. - Mechanicsburg, PA This Agency has submitted a 'Certificate of Insurance' Phone: 717-554-7532 Fax: 717-796-1952 Serving Central Pennsylvania in the 717, 570, 610 area codes
- G.A.S. Auto Recovery - Philadelphia, PA This Agency has submitted a 'Certificate of Insurance' Phone: 800-362-1171 Fax: 215-855-5815 We serve the entire state of Pennsylvania and KRS - Tyrone, PA Phone: 814-684-0239 Fax: 814-684-0238 cover the entire state of PA.
- Halfmoon Towing - state college, PA Phone: 814-235-2869 Fax: 814-692-8571 Covering all of Pa. Pro-Tech Recovery - Philadelphia, PA Phone: 215-624-4780 Fax: 215-624-8470 Covering all of Philadelphia and eastern PA.
- Kreis Adjustment & Investigation Service - Selinsgrove, PA Phone: 570-374-8950 Fax: 570-374-8958
- Chappell Recovery Service - Ebensburg, PA Phone: 814-472-4788 Fax: 814-471-9620 Serving most of Pennsylvania.
- D & D Adjustment Company, Inc. - Morrissville, PA Phone: 215-736-2970 Fax: 215-736-2976 Serving PA, NJ, DE, and MD..
- All Star 24 Hour Towing - Allentown, PA Phone: 610-791-4317 Serving north-eastern Pa.
You are not a guardian who can choose to allow a minor to take a loan, nor able legally co-sign a loan with a minor.
NO. Lenders PAY folks to think like that and create ways to stop it from happening. LOL Good try but no candy.
Can you sell the car before they repo it if they are alraedy saying that they want to repo it?
No, the car has a lien on it. You cannot legally sell without a lien release from the lender. Be careful, you will get into serious trouble trying this. You can sell the car if the lender agrees but if they are trying to repo it i doubt they would agree to a sale at this point.
What are the procedures to register a Mexican vehicle in the state of Texas?
To properly register a foreign car in Texas the owner of the vehicle will have to have local insurance, driver's license, a fill out several forms of paperwork. The paper work is to ensure the car as legally brought to the country.
How can you temp. plate a car purchased out of state from home to have driven to your state?
Go to the Department of Motor Vehicles in the state where the vehicle title is currently registered, ask for a temporary transportation permit and explain that you are taking the vehicle out of state. Most states provide a 3 to 10 day transport permit. Of course, all states want to be paid for everything that they do so don't expect the permit to be free. You may be required to provide proof of insurance and a bill of sale or other document showing that you are the new owner.
How can you check is a vehicle is stolen for free?
The state of Arizona now has an interactive website where you can run the plates (I assume that's just for AZ, but could be wrong) and the VIN on a car. Go here:
See the related link below.
You can also call your local PD and they will run it for you. You don't need to pay for CarFax or any of those services just to check to see if the vehicle is stolen; you will if you want a total vehicle history report. Good luck.
What is the law in Arizona for using a stolen notary stamp and forging car titles?
Forgery of any official document is a felony offense that carries a 3-5 year sentence for each count. Using stolen or manufactured devices to carry out an act of forgery is also a felony and carries the same type of sentence. The presiding judge has the descretion to increase but not decrease the length of sentences imposed. These penalties pertain to a first time felony offense only, not to the sentencing of a person who has a previous criminal conviction. In addition, such an act is a violation of UCC law and the perpetrator can be subject to both federal and state charges.
Can you still buy racing cars for the micro machines cork screw challenge from 1990?
YES! look around and you can find some still out there.
