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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 party pays the fees associated with a stop payment check?
Unless previously agreed upon when the check was used as tender, the party who demands stop payment is responsible for all fees associated with the process.
The lender does not care who the vehicle is registered under as long as the loan is being paid for on the terms of the contract agreement. i.e- if the loan becomes delinquent they are going to be calling the person who signed the loan, not the person who has it registered, however- if a vehicle is financed it SHOULD be in the person or persons who have the loan.
Can the government take a private property?
In UK, yes - Compulsory Purchase Order
In the US- Eminent Domain.
well they can make you go into court against them if that was what you were looking for i really dont get your question?
Whatever they want but $100 to $325.00 per day and $150.00 to $250.00 for a row if fair. Just add $1,000.00 to what you owe the lean holder and that's fair. (if you pick it up within 5 days). 2 weeks then 2k is fair. Think 2 hours to get car And bring back. Add up employees and overhead gas, insurance. It cost a tow company 75 to 100 just to get car. Just pay bills be organized. And life is easy
Sure, if you want to. Are they required to do anything about it, like fix it for free or give you your money back? No, they are not.
Can you get your money back on a car if you never took possession?
It depends on the details, but in general, no. Once you've signed a contract, you're bound by the terms of that contract. The fact that you didn't actually take the car is beside the point... you agreed to take the car, and signed legal documents stating so.
You should contact the car dealership as soon as possible. Depending on circumstances, they may be willing to let you out of your contract, even if they don't, legally speaking, have to do so.
One potential exception is if the reason you haven't taken possession is the dealership's (or manufacturer's) "fault". If you were promised the car would be ready Tuesday, and you signed the contract with that understanding, and here it is Wednesday and the car still isn't ready, you should contact a lawyer to see what your options are.
Why does the law require a non-breaching party to mitigate damages?
One party cannot act to the detriment of another. It is best for society as a whole for things to be as close to normal as possible.
Can the repo people keep belongings inside the car?
Yes. once they repo the car the only was to get items back is to pay off what you owe
Is there a time of the day your car cant be repossessed?
No u can get ur car repossed any day and any time.
What happens when a car payment go into default for the cosigner?
The co-signer has guaranteed the loan, therefore the bank will go after the co-signer for payment. If the loan is in default the default will go on the co-signer's credit record and if they don't pay the balance if will be on their record as a defaulted loan.
The co-signer has guaranteed the loan, therefore the bank will go after the co-signer for payment. If the loan is in default the default will go on the co-signer's credit record and if they don't pay the balance if will be on their record as a defaulted loan.
The co-signer has guaranteed the loan, therefore the bank will go after the co-signer for payment. If the loan is in default the default will go on the co-signer's credit record and if they don't pay the balance if will be on their record as a defaulted loan.
The co-signer has guaranteed the loan, therefore the bank will go after the co-signer for payment. If the loan is in default the default will go on the co-signer's credit record and if they don't pay the balance if will be on their record as a defaulted loan.
Can a repo man remove a trailer to take truck?
They can pull the kingpin latch on the fifth wheel - that is all they can do. They cannot physically move the trailer.
How can you get your personal items from your impounded car?
You'd go to where your car was taken to and tell whoever is working there nicely that you have some personal items to get from your car and they'll ask for money and you'll give them money but before that you need to show your the owner of the car.
What is Utah's law on getting your property out of a repo car?
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Some states have different laws, but in Virginia, the deal is not finalized until you take possession of the car. It has to physically leave the car lot. Also, the bill of sale and contract have to correctly reflect the actual transaction. If you did not pay 4500 down, and the car lot is trying to enforce the contract, then call your attorney, or call the lender they are trying to get paid through. Most lenders will not fund a contract, where the customer calls and lets them know that they will not pay for the vehicle because of improper or unethical treatment. It is also against their dealer agreements with the lender.
sorry but you have fill out a claim card and send to moneygram they will charge you 15.00 so if you don't send it with the claim card they will deduct from moneyorder when processed call the 800 # on the money order slip for complete instructions
What if you return a wrecked car back to the carlot its up for repo can you go to jail?
No, debtors prison no longer exists(With this economy thank God) so unless you wrecked it purposely your good there. However if you had a loan on the car, you should of had full coverage insurance that would pay for at least most of it and most dealers require gap as well which would continue paying the car off after the insurance. If you did not have insurance and gap, then you will be responsible for the cost of the car, even if it is ropo'd. You can file bankruptcy if you cannot afford to pay for the car however, if your not paying for just because you wrecked it that isn't really fair to the lender. They can also Levy your paychecks and or bank accounts for the funds to cover the car.
YES!!
Do Illinois private investigators carry badges?
A private detective can buy and carry a badge if they choose. Illinois state law makes it illegal for the badges or patches of private detectives or security personnel from having the words police, sheriff, or law enforcement on the badge to prevent any confusion.
Can a repo man open a garage door?
Probably not. If the garage door was closed and locked, and he broke the lock or somehow got it open then it is breaking and entering. If the door was unlocked and he just opened it then it depends on the mood of courts or police.
Your question has to be rewritten before it can be sensibly answered, and there is an enormous amount of information missing. Was the car stolen, was there a lien on it, was the person who signed the title actually the owner, etc., etc. THINK about your question, describe the circumstances, the factors which would influence the answer and then re ask it.
