Repossession

That will depend on your state laws. I have seen such an agreement here in Massachusetts, but I believe it is illegal and is an unfair act or practice in trade or commerce prohibited in most states and definitely in MA.

They will sue you and you will have to pay them plus legal fees, court costs, collection fees, etc. but mainly you will have to pay them and they will ruin your credit. Work out a pay plan with them to kee them happy.

Your only option is any used car dealership that is a "buy here pay here" place. The proper term is "onsite financing." Some places advertise $500 down or $700, but in most cases they want anywhere from $1,000 to $2,000 down. Your monthly payments, of course, depend on where you go. They can range anywhere from $200 a month to $500 a month. However, I imagine the exact prices depend on where you live (city, state, etc.). You can also try a looking on Craigslist. Sometimes people just want to get rid of a car quickly.

This is a really really bad idea, and I don't recommend it. However, if you are in an emergency situation and you can have two or three people cooperate with you, providing they have good credit, they could spot you the money for a down payment by taking out small personal loans, as long as you can agree to pay them back. It's legal, but these people would have to really trust you and you'd just create more monthly payments for yourself.

It varies state to state, but usually you have a 30 day grace period; meaning you can pay one month behind at a time. After being 60 days late (2 months), they cancel your policy. In states where car insurance is obligatory, you have to pay a lapse in insurance fine, which varies state to state. In extreme cases, they will come and remove the license plate from your car.

yes they can rejester if your car is stolen or not. please dont try that but

Less than a minute. The repossessor will know the VIN number, and from that they can find out which key to use... keys aren't unique to the vehicle... one person reads the VIN to verify it's the right truck while the other cranks down the trailer landing gear, disconnects the air lines, and unlocks the fifth wheel jaws.

Yes, there is a law in most states called, Hindering a Creditor of mortgaged property. However, it is very rarily used and can only be filed by the creditor, not the repossessor. The repossessor can not even use the threat of prosecution. Usually what will happen is the creditor will file for a Writ of Replevin where the local Sheriff will be ordered to pick up the vehicle. In the long run this will cost you more money because getting the replevin is expensive and along with the sheriff"s charges are all taxable to you. An additional thing to keep in mind, if you hide the vehicle the lender does not have to let you reinstate the loan to get the car back. Most states have specific laws calling for you to be able to retrieve the car after repossession by paying the past due payments and expenses of re-taking the vehicle but hiding it will negate these rights.

Most lenders do not want your car, it is a losing proposition for them so they will go to great lengths to keep you in the car so make the call and talk to them.

2 Months

after a legal process the lender can both sue and have you arrested.

yes

Stop driving it and store it at an address that you have no documented connection to. Be aware that late fees and penalties will continue to pile up.

If you are giving up your own car for repo then you tell who you financed the car with you want a voluntary repossession. It still looks bad on your credit, but not as bad as a regular repo does

YES

If you mean you still owe money on the car you don't sell it unless you can take the money and pay off the loan. The bank really owns your car and the pink slip, so if you sell it without the loan getting paid you still owe the money to the bank.

Get a job and save for it.

First of all make some good credit score by getting a job or any types of earnings.

As is

Twice per year.

Absolutely, you have the right to choose where your car will be repaired, not the insurance co.

true!

Yes. At least they did in New York.

Car CAN be repo'd even if you owe $1. Whether or not it does get repo'd is up to the lienholder.

Within days after your discharge. You will have to find one of those dealers that arrange financing, and you will pay a high interest, but it can be done.

You cannot do it after filing but before discharge, except in a chapter 13, with permission of the court.

I would like to set upa automatic payment to credit acceptance corp. can you help me do this

It depends on your state law. In community property states, if the car was community property, the surviving spouse becomes the owner. In most other states, the surviving spouse and/or any children become the owners as heirs at law.

The problem is that you may have to apply to refinance the car loan, which does not pass by intestacy rules. That may require you to file an estate action to become the formal owner of the car, but it may be that the estate is bankrupt under state law. Consult an experienced estate lawyer in your area.