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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

Is it true that One Of The Biggest Causes Of Duplicate Payments Are When Payments Are Made Using The Original Invoice?

Yes, it is true that one of the biggest causes of duplicate payments occurs when payments are made using the original invoice. This often happens when multiple departments or individuals process the same invoice independently, leading to confusion and redundancy. Additionally, if a payment is made before the invoice is officially marked as paid, it can result in duplicates. Implementing a centralized invoicing and payment system can help mitigate this issue.

Where can you buy a repo motorhome near Jackson MS?

You can find repo motorhomes near Jackson, MS, at local auction sites, such as GovDeals or AuctionZip, which often feature repossessed vehicles. Additionally, check with banks and credit unions that may have repossessed RVs for sale. Local RV dealers may also have listings for repossessed motorhomes or be able to direct you to auctions. Lastly, websites like RV Trader or Craigslist could have listings from private sellers or dealers.

What is average impound storage fee?

The average impound storage fee typically ranges from $20 to $50 per day, depending on the location and the specific towing company. Fees may vary based on the type of vehicle, duration of storage, and local regulations. Additional charges may apply for administrative fees or if the vehicle is deemed abandoned. It's advisable to check with local towing companies for precise rates.

What are the characteristics for private property?

Private property is characterized by exclusive ownership, where individuals or entities have the right to control, use, and transfer their property. It is protected by law, allowing owners to defend their rights against unauthorized use or infringement. Additionally, private property typically involves the ability to derive economic benefits from the property, such as rental income or appreciation in value. Lastly, it is often associated with personal responsibility, where owners are accountable for the maintenance and management of their property.

If you live in Texas can your wages be garnished if you have a repossession defiencincy?

Yes, in Texas, wages can be garnished for certain debts, including repossession deficiencies, but only under specific circumstances. Texas law generally protects most wages from garnishment, but if you have a court judgment against you, creditors may be able to garnish your wages to collect on that judgment. It's advisable to consult with a legal professional for guidance tailored to your specific situation.

Is there any cure for endrometios?

As of now, there is no cure for endometriosis, but there are various treatment options available to manage symptoms and improve quality of life. These treatments may include pain relief medications, hormonal therapies, and, in some cases, surgical interventions to remove endometrial tissue. Lifestyle changes and alternative therapies may also help some individuals manage their symptoms effectively. It's important for those affected to work closely with their healthcare providers to find the best approach for their specific situation.

What is a Personal to Holder vehicle?

A Personal to Holder (PTH) vehicle is a type of vehicle registration that is designated for personal use by the registered owner, or holder. This classification typically limits the use of the vehicle to non-commercial purposes, meaning it cannot be used for business-related activities or for hire. PTH vehicles are often subject to specific regulations and insurance requirements that differ from commercial vehicles.

Can a repossession company enter my location with out permision?

A repossession company typically cannot enter your property without permission unless they have a court order or it's specified in the contract you signed. They are generally allowed to recover collateral only from locations that are open to the public or where they can do so without breaching the peace. If they attempt to enter your home or a private area without consent, it may be considered illegal. Always check local laws and regulations for specific guidelines.

Does buyer have to pay past due utilities?

Yes, in most cases, the buyer is responsible for paying past due utilities if those debts are tied to the property being purchased. Typically, any outstanding utility bills become the responsibility of the new owner upon transfer of ownership. However, buyers can negotiate with sellers during the sale process to address these debts, potentially including terms in the purchase agreement. It's important for buyers to conduct a thorough due diligence process to uncover any outstanding utility obligations before finalizing the transaction.

What is the Texas law about homestead of home and property?

Texas homestead law provides protection for a homeowner's primary residence from forced sale by creditors, ensuring that individuals cannot lose their homes to creditors in most situations. Additionally, it allows homeowners to exempt a certain amount of property value from taxation. The homestead exemption also affords protections against foreclosure, provided the property is used as a residence. To qualify, the homeowner must file for the exemption with their local appraisal district.

Where did the idea of private property come from?

The idea of private property has roots in early human societies, where individuals began to claim ownership over land and resources for survival and cultivation. Philosophers like John Locke argued that property rights are a natural extension of individual labor and investment in the land. Over time, social and legal structures emerged to define and protect these rights, leading to the formalization of private property in various cultures and legal systems. This concept evolved further with the rise of capitalism, which emphasized individual ownership and market exchange.

What happens to your personal belongings?

Your personal belongings can be affected in various ways depending on the context. If you move, they may be packed and transported to a new location. In the event of loss or damage, such as theft or natural disasters, they may be irretrievably lost. Additionally, if you pass away, your belongings will typically be handled according to your will or estate plan.

What is the penalty for nhif late payment?

The penalty for late payment of National Health Insurance Fund (NHIF) contributions in Kenya typically includes a fine of 5% of the amount due for each month the payment is delayed. Additionally, the total amount owed may accrue interest, further increasing the financial burden on the contributor. It's important for members to pay their contributions on time to avoid these penalties and ensure continued access to health services.

How do you restore utilities after purchase of repossessed house?

To restore utilities after purchasing a repossessed house, first, contact the local utility companies (electricity, water, gas, internet) to inquire about the status of services. You may need to provide proof of ownership, such as the deed or closing documents. Ensure all outstanding bills from the previous owner are settled, as some companies may require this before restoring services. Finally, schedule reconnection appointments as needed and address any necessary inspections or permits required by local regulations.

Can a creditor take you to court ten years after taking you before for an involuntary repossession?

Yes, a creditor can potentially take you to court for a debt related to an involuntary repossession even after ten years, but it depends on the statute of limitations in your state. In many jurisdictions, the statute of limitations for debt collection is typically between three to six years, but it can vary. If the debt was not paid or acknowledged within that time frame, the creditor may be barred from pursuing legal action. It’s advisable to check the specific laws in your state or consult with a legal professional for accurate guidance.

How many days past due on an account does a person have to be before repossession can be?

Repossession laws vary by state and the terms of individual contracts, but typically, a person may be subject to repossession after being 30 to 90 days past due on their account. It's essential to review the specific terms outlined in the loan or lease agreement, as these documents often specify the conditions under which repossession can occur. Additionally, lenders usually send notices or warnings before proceeding with repossession.

How in the ePay function can you keep track of payments that you have made?

In the ePay function, you can keep track of payments by accessing your transaction history or payment records, which typically display all completed transactions along with their dates, amounts, and statuses. Additionally, many ePay platforms allow you to set up notifications for each payment made, providing real-time updates. You can also download or export your payment history for more detailed tracking and record-keeping.

Was the first car invented in 1769?

The first full-scale automobile powered by an internal combustion engine was indeed invented in 1769 by Nicolas-Joseph Cugnot, a French engineer. His vehicle was a steam-powered tricycle designed to transport artillery, but it was not practical for everyday use. The development of the modern automobile occurred later, with significant advancements in the late 19th century, particularly with the introduction of gasoline-powered engines.

What states do the lienholder keep that titles?

In the United States, lienholders typically retain the titles in states where the title is held electronically or where state laws allow the lienholder to maintain possession of the title until the loan is paid off. This often includes states like California and Florida, which have electronic title systems. The specific requirements can vary by state, so it's essential to check local regulations for the exact procedures.

What are the wage garnishment laws in Hawaii?

In Hawaii, wage garnishment is governed by state law, which allows creditors to garnish wages for various debts, including unpaid taxes, child support, and certain types of loans. The maximum amount that can be garnished is 25% of an employee's disposable earnings or the amount by which weekly earnings exceed 40 times the minimum wage, whichever is less. Creditors must obtain a court order to initiate garnishment, and employers are required to comply with the order. Employees have the right to contest the garnishment and seek exemptions based on financial hardship.

Why is a buyer beware attitude important?

A "buyer beware" attitude is important because it encourages consumers to take responsibility for their purchasing decisions, ensuring they conduct thorough research and evaluate products or services before committing. This mindset helps protect individuals from fraud, scams, and low-quality goods by promoting critical thinking and informed choices. Additionally, it fosters a more competitive market, as businesses are motivated to maintain transparency and quality to attract discerning customers. Ultimately, being vigilant empowers buyers to make better decisions and safeguard their interests.

What is breaching the peace when repossessing a car?

Breaching the peace when repossessing a car refers to the illegal or improper methods used by a repossession agent that disrupts public order or safety. This can occur if the agent uses force, threats, or enters a property without permission to take possession of the vehicle. Such actions can lead to legal repercussions for the repossession company, as they may violate laws protecting consumers from aggressive or unlawful repossession practices. It's essential for repossession to be conducted in a manner that respects the rights of the vehicle owner and does not incite conflict.

Is it possible to lease a vehicle from a private person?

Yes, it is possible to lease a vehicle from a private person, though it is less common than leasing from a dealership. This arrangement would typically involve a private agreement outlining the terms, such as the lease duration, payment structure, and maintenance responsibilities. It's crucial to ensure that both parties have a clear understanding and to consider legal documentation to protect both the lessor and lessee. Additionally, leasing from a private individual may not offer the same consumer protections as traditional dealership leases.

Can you get a defered payments?

Yes, deferred payments allow you to postpone your payment obligations to a later date. This option is often offered by lenders or service providers during financial hardships or as part of promotional financing plans. Terms and conditions for deferred payments can vary, so it's important to understand any interest implications or fees that may apply. Always review the agreement carefully before proceeding.

What are the on Personal belongings?

Personal belongings refer to items that individuals own and carry with them, often including clothing, accessories, electronics, and personal hygiene products. These items hold personal significance and are essential for daily life, reflecting one’s identity and lifestyle. They can vary widely from person to person based on preferences, culture, and lifestyle choices. Personal belongings are often kept in private spaces like homes, bags, or vehicles.