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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

Can you tell you what the car finance interest rate is for a particular car?

It can range from high to low. Depends on your dealer and bank. Check with consulting at the bank or car dealer. Each car is different so interest rates can vary.

What factors come into play when making a car loan payment calculation?

Paying a car loan payment is an important thing to do each month. There are many factors to consider when calculating your monthly payment. You should consider how fast you wish to pay off your loan and the rate of interest you must pay if you extend your loan over a number of years.

What kind of payments do you have to make on car loans?

You can make monthly payments or yearly payments. You can even pay it in full if you have enough money for that. It all depends on the company however.

Can you get car loans for bad credit?

This is an interesting question and to actually answer the question would be impossible because no car loan will cure bad credit. However, if the question is supposed to be can I get car loans with bad credit, then the answer is yes you can. It will most likely have a higher interest rate because you are a higher risk, but most dealers have lenders that approve loans for people with bad credit.

Yes you can get car loans with bad credit just go interenet there are many sites available who offer car loans with bad credit just apply for car loan there they will contact you if you are eligile.

Do they have car loans for bad credit?

Yes they do have cars loans for people with bad credit. But one thing you must have is proof of employment. And also have a place tolive and a phone number you can be reached at.

Where can you find out the most auction for cars online?

You can find thousands of government owned/repossessed cars by going to the government auction site. The prices start very low and there are thousands to choose from.

What are the disadvantages for purchasing a car through auction?

One of the disadvantages of purchasing or buying a car from the auctions is that you never know what you are getting. I mean by that how good of condition the car itself is under the hood. You only get a view on the outside of the vehicle. There are some advantages of buying a car from an auction as well.

Is it safe to buy a vehicle at an auction for cars?

It is safe to buy a vehicle at an auction for cars so long as you know what you're buying. Please look at the car in and out before deciding to place a bid on it.

Are repossessed vehicles sold at an auto auction?

Yes some repossessed vechicles are sold in auctions. There are some that the banks own, but they try to recover their moneys lost as soon as possible.

Can your spouse have a family car repossessed during a divorce?

No, everything in the court system takes steps. First, a petition is filed, both attorneys are notified. A hearing is set. Both attorneys argue their clients best interest and the judge makes a final decision based on the facts.

Can a co-signer be removed from a title?

No. Not unless they transfer their interest in the property voluntarily.

No. Not unless they transfer their interest in the property voluntarily.

No. Not unless they transfer their interest in the property voluntarily.

No. Not unless they transfer their interest in the property voluntarily.

Is the cosigner of a vehicle responsible for the negligent operation of the vehicle?

No. A cosigner is just responsible for paying it off if the negligent driver wrecks it and and can't work to make the payments.

Can you sell a car titled in the name of your deceased husband - there is no will?

yes you can but you will need the marriage certificate as well as the death certificate and fill out papers at the DMV.

What happens when you get call regarding repossession but no letter after making a payment?

One payment may not be enough to stop the progress of the repossession proceedings. You need to communicate with the mortgage company and arrange to make regular payments.

Can a repo agent go on some one else property and MOVE THAT owners vehicle to get to my vehicle?

YES In most jurisdictions, In some places (where I live ) the police must be there and observe to protect both reposseser and property holder.

It is illegal in most places to hide the vehicle or attempt to block the repossession of a vehicle.

So I (If I were doing this) could enter onto or into a persons property and if that person is unavailable or unwilling to move a blocking vehicle I can move that vehicle taking "REASONABLE"care to not do any property damage.

I can then take the target vehicle.

Can you go onto some one else property to repo another persons car?

Every state has its own rules, but the general rule of thumb is that an individual that works for a repo company can repo a car on prive property as long as the property is not locked (i.e. a locked gate surrounding the house, or if it's inside a locked garage).

Why isn't operation repo on Netflix?

Operation Repo is on TruTv. I haven't seen any TV shows on Netflix that are on TruTv. So I'm guessing they don't have a contract with TruTv

Can a private seller repossess a car?

If the terms and agreements of the sale is not met legally yes they can if they have retained their legal title to the vehicle

Can a repo guy drive your vehicle to his appointments after he's repossessed it?

Alot of repo guys do drive the repoed vehícles, But be assured If they drive Your reposessed car that Most compañys have a million dollars worth of coverage..to clarify once a car is repossessed it is no longer "your" car.

How much a bankruptcy lawyer will charge you to file bankruptcy?

A rough estimate is around $700-$1000 in total-that would include fees and everything. But attorney costs do vary greatly.

What type of car is a midsize car?

In my opinion a midsize car is a larger sedan or a large family car, for example: Honda Accord, Toyota Camry, Nissan Altima/Maxima.

Can repossession happen on private property?

For example, if you have not fully paid for the item and it is being repossessed, then it may be taken. You do have the right to force anyone off your property if it is privately owned fully by you.

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