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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 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.

If you lost your job and can not afford to pay your car payment can you return the car?

That is a voluntary repossession...not a good idea in the long run. The bank will wholesale the vehicle at an auto auction, apply the proceeds (less selling expenses) to the loan and you still owe the balance. Plus it goes on your credit report. If the car has a retail value in excess of the loan balance, you will be far better off selling the car yourself and paying off the loan. You still have no car...but no car payments and no bad credit report. Even if the car is worth slightly less than the loan balance, you'd come out thousands ahead if you sell it and find the rest of the money to pay off the loan.

Can a car dealer take back a car he just sold you?

Yes, of course the dealer can take it back and they do. A growing number of dealers will allow you 3, 5, or 7 days (with mileage limitations) to drive the car and you can return it if you are not satisfied. Good, customer driven dealers, will take a car back if the customer has a compelling reason to return the vehicle. Certainly the immediacy of the return is critical as is the condition of the vehicle.

How do you know if your car has an airbag?

A large padded center of the steering wheel is a indication, but it should have a symbol showing it is air bagged equipped. Also starting in the early 1990s, air bags became standard on all new vehicles. You can always know that the driver has one, at minimum. Now there are air bags for driver, passenger and are also found on the sides of certain cars.

Can you return the co-signed car to the dealer?

Sure if you want to ruin your credit and end up paying the difference between what the car eventually sells for and what you owed on it. Don't do it!!! If the dealer is not the lender then he is not envolved with this in any way whatsoever. Talk to the lender and work something out.

How do you get the company to release the title and lien when it was part of a bankruptcy and they never came to get it?

That would be a good question to ask your B/K attorney. You have paid her/him so let them earn some of it. If that's not possible, get another attorney to send them a letter. BUT, did you include the lender in the B/K? The lender will have to have some reason to want to do so. Good Luck

How can you find your first car if you know the VIN and where you sold it 20 years ago?

i would start with car fax. or motor vehicle, do a title search. however it might not be in the condition that you want.

What should you tell a buyer who has paid for the car but must wait for you to receive the title and sign it over?

Give the buyer a notarized bill of sale and state on the bill of sale that the title will be forwarded when received from the issueing entity (the state)

How do you buy vehicles at dealer auction in Arizona?

True auctions require that you be an auto dealer to get in. Being a dealer usually requires a license and bond and often a business address.

Can a uhaul truck be used to obtain a cdl?

No. U-Haul trucks are under 26,000 lbs. GVWR... the only way you would need any type of CDL to operate a U-Haul truck is if it were hauling a sufficient quantity of hazardous material that it was required to display placards, which is more than likely going to be a practice prohibited by U-Haul.

The best way (and, really, only feasible way) to obtain your CDL is to attend a truck driving school. Most community colleges have them, and many transportation companies host their own driving schools, as well.

Can a CDL permit holder drive with over 15 people if a CDL licensed driver rides with him?

Providing you are transporting people for hire, a passenger endorsement is required by anyone operating the vehicle.

Added: If you are actually driving the vehicle but you do not hold the proper endorsement yourself, you are in violation regardless of whether the holder of the correct endorsement is a passenger in the vehicle or not. It is YOU that is in control of the vehicle - not them.

How do you adjust rear brakes on a 2004 Chevrolet Aveo?

You can adjust the rear brakes with the rear brake adjustment bolt. The rear brakes should adjust automatically every time you back up and use the brake.

Mitshubitsi dealership phone number?

The phone # of any Mitsubishi dealer can be found in your local phone book. No way can I tell you the answer because I do not know what particular dealership you are referring to.

Can you return a used car that you bought 14 days ago and it's still not financed?

No. Unfortunately, once you sign the papers, you are bound to the car. There is no 3 day rule for buyers remorse. If you drive off the lot and it breaks into 2 peices, then you own both peices. At least that is the law in Washington State.

How many cars does the average dealer sell a year?

It would not be possible to give an accurate answer to such a general query. A car dealer in Los Angeles would sell many more cars than one in New York City. Citing a specific locale would aid in finding out the information desired.

Can you return a new car to the dealer because you cannot afford it?

No, you cannot just return it to the dealer. The dealer has nothing to do with this unless the dealer is also the lender. You must return it to the entity who loaned you the money to buy the car in the first place. It is their car until you pay for it. This is called a voluntary repossession. You will be required to pay the deficiency. That is the difference in what you owe on the vehicle and what they sell it for at auction or private sale. Your credit will also be ruined for 7 years. You will save repossession fees by turning it in voluntarily.

How do you get a repossessed vehicle back if the lender does not want to give it to you?

First of all you call the repo company. After that keep trying to call the bank. As long as they don't sell the car you can still get it back by paying the reinstatement amount. * A repossession agent/agency is contracted by the lender, they have no authority to release a vehicle unless the lender orders them to. The lender has no legal obligation to reaffirm the vehicle loan or make any other financial arrangements for the person to recover the vehicle unless state laws allow a time limit for redemption or other applicable remedies.

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