0
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 i put a gps on a car after i repo it?
No, if you do that, you could spend 10+ years in prison and be sued.
Does due process apply to the private ownership of property?
Yes. Due process provides that the government cannot take your property without proper notice and compensation.
Yes. Due process provides that the government cannot take your property without proper notice and compensation.
Yes. Due process provides that the government cannot take your property without proper notice and compensation.
Yes. Due process provides that the government cannot take your property without proper notice and compensation.
Can you insure and tag a salvaged car?
Yes you can. Check with your motor vehicle department in your state. In most states, you will have to repair the damage, get the car inspected and pass inspection before they will issue a salvage title. This process will take several months.
What is timing for a car how does that help the car?
Timing is when the car fires the spark plug to ignite the fuel to create a burn. This has to be an exact science for the engine to operate properly. To early, and the fuel and air does not have enough time to compress, and this will cause engine knock. To late, you lose the compression. Either way, the fuel is not burning properly, and you fuel mileage can suffer, or even cause damage to the engine.
To stay calm and relax
Can you sell your own car to your own business?
Check out the tax laws. If you are a sole proprietor, you may be able to write off mileage, which would be the simple thing to do. If it were me, I would avoid the crossover of personal assets with business assets.
Is WRS Towing still the fastest most reliable Towing company?
WRS has a great service ,my husband and I were stranded on a county road by Edinburgh,and WRS was there to help in twenty minutes ,they even towed our car to a garage that did a great service ,Dolores
What should be do if a stop-payment instruction is received on telephone?
Stop-payment instructions are binding for 14 days. If its on telephone, the account holder must be asked to confirm his identity first and then it should be accepted.
Can a bail bondsman garnish your income tax without notifying you first?
No one can arbitrarily file a wage garnishment order against a debtor for whatever reason without having obtained a valid writ of judgment via a lawsuit.
Additionally, the only agency that can levy/garnish a tax refund is the IRS and/or in some instances a state tax agency for tax arrearages owed. Another exception for the seizure of a tax refund is child support arrearages.
Do you cancel your insurance on a a voluntary Repossession?
If this is a vehicle you own and can not pay for it any longer and decide to give it back, yes, you should cancel the insurance you have on it AFTER it is out of your possession.
How do you remove a abandoned vehicle in Surrey BC Canada from private property?
have it towed away. as long as you have the private property owners permission.
Is mas financial services ltd registered under r b i as n bfc?
Yes mas finacial ltd is Register ed with RBI and National Housing Board AsNBFC
Can a dealership put a car they repossessed back on the lot for resale?
Yes. The dealer might have to go through a proceeding to clear the title, but ultimately the car will probably be resold.
Where can you get red and blue lights for a the grill of a car?
any lights on the front of a passenger vehicle ie not an emergency vehicle can only be amber of clear
What to do if car your deceased father left owes money to a lender'?
unless there is some sort of death policy in the contract, you either pay the money or let them repo the car
Can the lease company report the car stolen?
Only if the car was actually stolen. Nonpayment isn't theft (a criminal matter), it's a civil matter.
Can you still owe money on a car that was repossessed and resold to another buyer?
yes. When a vehicle is repossessed by the bank it doesn't mean that you stop making payments. You are still liable for the loan.
How do you give your car back to finance company?
Call and have them pick it up. it's called a voluntary repo. Just tell them you are unable to pay and they will come.
Are you liable for a car loan if the owner files bankruptcy and the car was charged off?
That depends on what you're asking. Who filed bankruptcy? The owner of the car or the owner (holder) of the car loan? Did you co-sign on the loan? If you co-signed on the loan and the other signer files for bankruptcy, yes you are liable for the loan. If the owner (holder) of the car loan files for bankruptcy, you are still liable to the owner's creditors (and you need to find out who they are so you can get the lien released).
What is the risk to be a co signer on a leased car?
A common misconception is that the "cosigner" is not financially responsible for the security of the loan/lease (the car) until after the primary has defaulted. Nothing could be more wrong.
The primary and cosigner are simply terms used to differentiate between the two signors. Legally, both are equally responsible for the debt, from the signing of the document until the last payment is made. If payments are missed, both will have their credit rating dinged. If the contract goes into default, both will be contacted by the lender or its agents.
In truth, one should never cosign for anyone if that one cannot be trusted unquestionably and unless the cosigner can afford to pay the loan if that should become necessary.
Can a repo man enter a closed garage to repo your car?
Well at this point if a repo agent is there to recover a vehicle or property, You no longer own your car or property the BANK does. If a repo agent gets proper authorities "police" and have paperwork stating the bank owns it the authorities can impel you to open your garage because now you are in possession of stolen property fully owned by the bank. but they also must give you a option to pay it up to date.
