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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
How do you have someone take over payments?
You and the person wanting to take over the payments, go in a sit down with the lender who holds the note, and talk about it. The lender must agree to this for it to happen.
Who holds the title of a car when you are paying to American Honda Finanse Corporation?
Honda finance holds it until the loan is paid off. Then they release the title to the most recent owner
Can your son insure his car without the title being in his name?
In order to take out insurance on a vehicle, you need to have insurable interest in it. If he is not on the title or the loan, he has no insurable interest. If he is driving the vehicle, but you own it, you should take out the policy in your name and have him listed as the primary driver. If he is the only person listed on the policy and he totals out the vehicle, he wouldn't get paid for it anyway...you would.
What is the most a car has ever sold for at auction?
The highest price ever paid for a car at auction was $11 million paid for a 1931 Bugatti Type 41 Royale Sports Coupe sold by the auction house Christie's in 1987.
Can you return a used car purchased from a dealer without damage my credit?
In the state of Washington the only out you have is if the loan paper-work was brought to you and you didn't sign the documents at the dealership. In this case you would have 3 day's time to bring the car back otherwise you're stuck with the car.
Can you trade in two vehicles a car and truck for example on a new SUV?
Yes.
Find out what car dealers don't want you to know at www.dealertricks.com
That's a possibility. Try to look for some car dealers in the internet and see if that
bargain is available.
Do lenders ever accept settlement offers on the deficiency owed after a car is repossessed?
YES, make a serious offer. You do have leverage you can threaten them with Bankruptcy which means they get nothing, zero.Do not be afraid to use this or do it.. recovering from chapter 7 or 11 is much easier than it used to be.
Can a repo company come on your property through a locked 6 foot fence and get a car?
nope, NOT LEGALLY.
What should you look for when your car overheats when you stop at a light?
This is almost always a fan-related problem. Sometimes a failing water pump or slipping belt can also cause this symptom.
Mechanical Fan:
With the engine stopped and cold, look for obvious damage to the fan or belt. If so, correct the problem by replacing the appropriate part. Never straighten a damaged fan blade, as this can lead to flying shrapnel later. If no problem found, spin the fan by hand and note the resistance. Now, warm the engine fully, and shut it off. Spin the fan again and if it is not much more difficult to spin, replace the fan clutch. Look for any missing or damaged fan shroud.
Hydraulic fan:
Check your power steering fluid level and correct as needed. If this is a Chrysler product, verify that incorrect type fluid has not ever been installed, or just replace all the power steering fluid with the correct type fluid. If this a GM truck or SUV, contact your dealer and ask if there are any corporate bulletins requiring replacement of the fan.
Electric fan:
Check all fuses in the vehicle, both in the engine compartment and in the vehicle interior. Consult your owner's manual to be sure you locate all fuse blocks. Some cars have fuse block in the trunk or under the back seat or behind a little door here or there. I am aware of Lexus models with as many as seven separate fuse blocks.
Verify that the engine coolant is completely full.
Visually inspect each cooling fan; there may be only one or as many as four. Warm up the engine until it is very close to overheating (above 240 degrees Fahrenheit.) With the engine running, look to see if the fans are spinning (they should be) and then shut the car off. Keep your hands away from fan blades. Many cars will spin fans even with the key off. Note any non-spinning fans.
Using a long tool, turn any non-spinning fans manually. Difficulty turning the fan or noise or vibration while turning the fan means the fan motor is in need of replacement.
Unplug the fan connector and apply 12V to the wires going to the fan. If it doesn't turn, the motor is bad.
Start the engine and gently tap the fan relay(s) with the handle end of a screwdriver. If this makes a fan spin, the relay must be replaced.
Check the coolant temperature sensor(s). Unplug the sensor looking for corrosion, and bent or missing pins. Start the engine with the sensor unplugged. If the sensor has two wires, use a paper clip to connect the two wires in the connector that is unplugged from the sensor. If it uses one wire, use a jumper wire to connect it to batter negative. If any of this immediately spins the fans, replace the sensor and refill the coolant using approved fill methods.
One or more radiator fans not working. Turn on the A/C and see if they are running. they should run continuously with the A/C on. If not check the fuse first.
Until the loan for the vehicle is paid according to the loan/lender's agreement the title will not be given to the borrower. The loan on the vehicle is still valid and the borrower is still responsible for payment.
AnswerIf the creditor opted not to pick up the vehicle, you can file a Small Claims listing yourself as the Plaintiff and the creditor as the Defendant, and put that you are seeking "0.00" in damages and that you are requesting a Declaratory Judgment that the creditor has abandoned its interest in the vehicle, and you request the Court order the BMV to issue you a new, clean (i.e. lien-free) Certificate of Title on the vehicle. I have had several clients do this and I have never seen a creditor show up and defend the lawsuit as long as you don't ask for money but just ask the Court to order the BMV to give you a new title. Then, you get a clean title to the car for whatever the small claims filing fee is.
How can you stop your car from burning oil I was told alemite CD-2 but I cant find it help please?
If your engine is burning oil due to age and wear, there is no cure, short of an overhaul. You can possibly cause it to burn less oil by going to a slightly heavier weight oil. Move up to the next higher weight than required. Alemite CD2 may help but will not stop oil burning. There is no magic fix for engine wear. A compression test will tell you how much wear. Only you can decide if an overhaul it worth the expense. If it is burning only a slight amount of oil, then I would just keep driving it and check the level regularly. Also, make sure you have no leaks, as in the valve covers.
What do you do to transfer your EZ tag from the old vehicle to the new vehicle?
you can update your information in your account settings
How long does it take a repo man to repo a car in nebraska?
i think its about 3 0r 4 months then they will call and ask you where can they pick up the car
How do you convince your parents to buy a new car?
You can ask. You can point out the advantages.
But ultimately, it's their decision, not yours, whether to buy a new car or not.
Can you return a car within 30 days for a refund?
Not usually but some dealers are doing anything to sell a car so check with the place where it was bought.
Can you rent a car in one state and return it the same day in another state?
You can rent a vehicle and drive it to another state. Avis Rental Car and Budget Rental Car are your best bet. They rarely charge for miles and their prices are reasonable. All companies charge a one way fee: If you rent a car in Chicago and drive it to Texas, then company has to to get the car back to Chicago some how that's why the price is higher. Call Avis at 1-800-331-1212 and Budget at 1-800-527-7000.
Do you have to have a cdl for air brakes in sc if you are under 26000 pounds?
Not unless it's a vehicle designed to transport more than 15 persons (including the driver), or carrying a quantity of hazardous material which requires placards to be displayed.
By the way, the 26,000 lbs. is in reference to what the vehicle is rated at as far as gross weight - not what it may actually be weighing at the time. The vehicle may be unloaded, and weigh under 26,000 lbs, but if it's rated at more than 26,000, you need a CDL to operate it, regardless of what it may weigh at that particular moment.
If the title is not in your name, you do not have the right to sell it to a junkyard.
Removing your name from a car title?
Take the title (with the necessary fees and forms) down to the motor vehicle office and ask them to remove your name from the title.
Can you sell a car with no title in south Carolina?
Yes, the car is sold for parts or off road use only. It cannot be driven on a public street.
What procedures to take in removing a vehicle from your property?
what are the procedure of removing abandoned vehicle from your property?
Try calling a tow truck- they tend to work good..
Just call a local attorney for a consultation, tell your story and find out. IF there's money there, you'll know it. You have a law suit for breach of contract.You can represent yourself, sue the lender its sounds as if you have a good case.
Yes most insurance company never ask for the title. there are Insurance company's on the web that will insure you and the vehicle weather you own it or not.
