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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

Do you have to be informed of a garnishment forcloseure collection repo?

Yes if they are going to garnish your paycheck they will notify the business you work for and the company will in turn notify you have a garnishment.

How much do you charge someone to drive them to work?

The IRS allows an expense deduction of 50.5 cents per mile, so that would be a good basis for what you can cherge someone for driving as well.

What is 216555 of the California vehicle code?

Improper use of an exclusive traffic lane; using a carpool lane when you are driving alone or a lane reserved for busses, trucks, etc.

Why did Boeing lose McDonnell Douglas's defense contracts?

when Boeing was caught illegally using proprietary information taken from Raytheon Company to win a contract to build antimissile warheads, the contract was taken from Boeing and given to Raytheon.

What is interim payments?

An interim payment is a partial payment that is made on a good faith basis to assist you in getting repairs done on the home. The remainder of the claim will be given to you at the completion of the repairs.

How do you write a letter to bank manager for cancel the cheque?

From,

Ur name,

address

Acc number

To,

The manager,

XYZ Bank

sub: cancellation of cheque no: .....

Respected Sir,

I had issued a cheque with no: ..... to XYZ but due to certain unforeseen circumstances i am forced to cancel the same. So i kindly request you to cancel my cheque.

Thank you,

your name

Sign here...

Is a car used as collateral money or not?

It's possible. Many lenders will accept a customers car as collateral against a loan. The only down-side is - if you default on the payments - they'll take your car - whether you want them to or not !

Does credit acceptance corp defer car payments?

No they do not. And they will repo your car if you are too far behind. They may tell you that they will repossess your car if you are 10 days late, but it is a tactic used to scare you. They would loose more money trying to repo your car than waiting on your payment after 10 days.

What were initials for rationing agency in ww11?

OPA Office of Price Administration Also see OPA Red/Blue Points library.duke.edu

Can a repo man take a truck with a trailer connected to it?

Repo man took my truck and my 24 ft trailer with 5k+ of tools on it. The trailer and tools are not on the loan and this has not been returned to me. He also knocked over my mail box. I have done a police report and was advised to contact them and try to work something out. There was some one that was supposed to buy the trailer in the morning, but that sale has been lost now. The officer as well entered in the police report the amount that the trailer was to have been sold for. The repo company nor the car lot have returned my rightful property to me, and I am signing warrants in the morning on them.

The length of time in which payment is due to the bondholder is called the?

These are used to determine the amount of federal taxes witheld from your paycheck

What happened in England when you owed money and couldn't pay?

In the old times of England. Taxes we're an increasing issue to many of the English people. Taxes rose higher and higher as the battle and loss of the Americas. When a person didn't have enough money to pay their debt or something that they owe. It would depend on who they owe it too, what position they are, what job they do, and how much do they owe them total. If it we're a debt to the state, and you we're just an average joe, you'd be arrested until debt fully payed, sometimes they might add more time until you need to pay, with a little interest attached. If you owe'd money to a person, then it would depend on how much. Many laws in England supported no tax scam, so they would have to regulate price limits. If the money would be over 1,000, it would be an arrest and fine if not payed by time. If the money we're under 1,000, it would be a slight fine and a little interest fee by the person. If it we're to a company, the company could tax you heavily until they get their debt back. Finally, if it we're to a royal person and/or person in a high job position, they could get you killed, with the death sentence or you could spend life imprisonment.

Can a repossession agent remove the lock on a gate to retrieve a vehicle?

In most states and countries it is considered breaking and entering. * No. Entering locked property whether a building or land, or removing a lock to do so, constitutes a breach of peace. Also entering any structure locked or not to repossess a vehicle is a breach of peace unless the repossessor has a replevin or other order from the court that allows the act.

How does a Jake brake work?

the Jake brake and similar brakes redirects the engines exhaust, using the resulting compression to slow the cylinders of the engine which cuts the rpm dtrastically, therefore slowing the vehicle.