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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 is the website for the impound to check if your car is there?

They don't have a website or a search engine where you can actually look up your vehicle. I know it's dumb. But you can call the denver impound and ask them to search for your car with your plate number or vin number.

How can you get the full details of vehicle owner?

You just go and meet the owner and collete the detail from them,,,That is good idea..

Is a car owner a producer?

Yes a car owner is a producer of carbon emmissions resulting in climate change as a sub-contributor

How long will a car repossession be on credit?

Like other credit items in your history (other than bankruptcy) it will remain on

your credit report for 7 years. You may be able to have it removed sooner if

it is not documented properly.

How do you tell if d and g handbag is real or fake?

sir D hand bag are real if it fake no one have gutts because of d company stamp

Can a co-signer make a primary signer refinance?

No. A co-signer has no such authority over the primary borrower. The co-signer is on the hook until the loan is paid off.

No. A co-signer has no such authority over the primary borrower. The co-signer is on the hook until the loan is paid off.

No. A co-signer has no such authority over the primary borrower. The co-signer is on the hook until the loan is paid off.

No. A co-signer has no such authority over the primary borrower. The co-signer is on the hook until the loan is paid off.

Does car lot have to give back personal items in car from repossessed car?

Yes, they do. Within 24 to 48 hours of recovery (depending on the state) the repossession company is required to notify you that your property can be collected and must give you a phone number or other means to contact them. Most recovery agents will charge storage fee on private/personal property and will require that be paid prior to releasing the property.

Can your car be repossessed while parked in reverse?

Yes/No, because if it is parked in reverse, the back wheels would be dragging, and soon shift gears (If repossessed by a chain truck), but if it is a flatbed tow truck, then yes, it can be repossessed, because the back wheels would not be dragging, therefor the wheels would not shift gears and ruin the vehicle, or reverse of of the truck!

Why are you asking, has your car bin repossessedbefore?

-Zachary T. Davis

06/03/12

Why is a finance charge assessed?

try that Cash Call. The one that Gary Coleman advertises on the tv. They are loan sahrks (high interest) but if you have a job, you may be in luck. Google them.

What can you do after your car gets reposses?

It depends on what you want to do...If you want to get your car back, contact your lender and see what they want...

How can you get a declaration page showing the lien holder for the insurance on my car?

Declaration pages are the first few pages of the policy outlining your coverages. If you have a copy of you policy, your lien holder should be listed there. If it is not listed, call your insurance company or agent and request that they should add it to your policy. You will get confirmation in the mail of this change shortly after.

How can someone else get the stuff out of the car when its been repossessed?

After your vehicle has been repossessed, the repossessing company must contact you (often via the creditor) to notify you where your personal property can be recovered. Repossession agents are required to keep the property for thirty days to allow you to recover it, but they will charge you a storage fee, and pretty much every one will require that fee be paid before they surrender your personal property.

Regarding an agent of yours being permitted to recover your personal property, it is possible, but may be difficult.

Are you still liable to pay if the vehicle is repossessed?

You are still responsible for the balance of the contract, in addition to repossession, collection, and legal fees. Added to this can be transportation costs, storage costs, auction fees. The car should be sold and the sale amount deducted from your contract balance. What ever is left is called a deficiency balance and your are still liable for it. Keep in mind that most repossessed vehicles are sold at a substantial loss (much less than for what is owed) and the additional fees can result in a higher balance than the original payout on the vehicle.

How soon after a car purchase can you file bankruptcy?

If you bought the car with a car loan and you intend to reaffirm the debt, and the equity in the car is equal to or less than the exemption available, any time.

If you paid cash for the car and it's value is equal to or less than the exemptions available, no problem, especially if you had to buy a new car to get to work or some other good reason.

What is the name of the person who is owed money?

A person who owes is a 'debtor'

A person who is owed to is a 'creditor'

My payments is behind but I want to trade it in. what dealership would take it?

I dont see why not. The dealership gets their money from the company that financed the car. You arent paying tge dealership, you pay the financial institution. Problem is, if you're behind on payments, that will not help you to get another vehicle.

What will happen Florida when you back up into a parked car?

The law in every state is very clear about backing. The person backing up/out is at fault and responsible for any damages, regardless of the other vehicle's speed and/or position.

It's also known as:"Limitations on backing".

Is it legal to repo cars in Texas?

Yes. They just can not garnish your wages for any monies owed afterwards. There are a number of other ways they can recover the balance however.

Will a repossessed car be removed form your credit in 7 years?

It may or may not fall off your report in 7 years. This depends on the Statute of Limitations, which may vary from state to state. However, it usually will fall off your report along with other baddies* on your report...

* baddies: term referring to things on your credit report that bring your score down, like collections, repos, foreclosures, delinquencies, etc...