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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 illegal to hide your car from repossession in the state of Idaho?
YES! Don't hide your car from the police it's very bad.
Will the primary and co signer have bad credit if a car is repossed?
Yes. It will be reported on their credit records.
Yes. It will be reported on their credit records.
Yes. It will be reported on their credit records.
Yes. It will be reported on their credit records.
How long before they stop trying to repossess a vehicle?
Most companies will not stop until the past due amount is paid current, or loan balance is paid in full. Now, with that being said, you may have the car hidden, or swapped with a relative or friend, and lie to the agent there to pick the car up. Not a wise choice. Banks are like people in the aspect of loaning. You loan it, you want it back. You don't want to beg for it back, banks don't want to beg for it back.. This is where the legal term Replevin comes in. This is the last resort for the bank to get the car or money...now listen up! When you signed the contract for the car, you agreed that if in default, you would hand the car over at the time a bank representative (recovery agent) knocks the door and asks for the unit. If you fail to do this and give the run around, you are now at risk of the sheriffs dept showing up to serve the Replevin. In short, at that time, you have 3 choices. 1: Hand over the vehicle 2: call the bank and pay the balance in full (they will not work with you if it gets to this point so have the money ready) 3: If you cannot produce the collateral or the money when the sheriff comes knocking, you could be arrested on the spot for theft of mortgaged collateral. My advice...hand the car over.
Can a company repossess your vehicle if your payments are up to date?
Not legally, but if you bought the car from Barney's backyard sales & mower repair, maybe.
What happens if your car is stolen prior to being repossessed?
Your insurance would be responsible for the value of your car, minus the deductible. Make sure you have a police report and a very good alibi as you could be a suspect for the theft.
Can you get financed for a car if you were denied a loan through the bank?
No, you may only do it if you fry a pancake on your stomach, while being in a tub of hot oil.
Can an investergator get involved in a repo?
If the investegator is acting in his capacity as a police officer, then the repossession would be considered to be done under the color of law. It probably would not be a lawful repossession.
What happens if you do not pay educational loan?
if we don't pay educational loan, our passport maybe will blocked from visit another country. also our name can be included in CTOS, so after we want make anything loan its can be complicated.
Is there any way to get a repossessed car back without paying the car insurance?
Not Unless you can prove that you already had the required insurance.
AnswerNo. as soon as you have no insurance on a leased vehicle, the lein holder has the legal right to repo it.Well when mummy car and daddy car really love eachother ..........
Can a co signer refuse to return a car?
All a co-signer is someone who agrees to pay off the debt if the loan goes into default
Is a car considered a content of a property in a will?
Yes, it is considered a content of a property in a will. The reason why i think that is,because of how there modeled or what they have on there car of what there made of.
What will happen if the cadilatic convert gets plug up and you keep driving the car?
If my cadilatic converter is plug up and I keep driving my car what will happen to my engin will any thing brake
Yes.
Is there a online site to see if you owe money to the state?
There may or may not be a website that allows a person to see whether or not they owe money to the state. The best thing to do would be to go to the local tax assessor's office to see if anything is owed to them or owed to the person.
Can vehicle registration be denied if you are behind on payments?
The repo man will tell you that, but no it is not true.
What the procedure for getting your car back after being repossessed?
Contact the lender who repossessed the car. You will have to make up all back payments and pay all fees associated with the actual repossession.
How do i find out if a car as still got finance still owing on it?
You must be aware of a vehicle's finance status before making a purchase. In the case where a car has outstanding finance and the person responsible for the debt defaults on their loan after you've bought the vehicle, the finance provider can seek to repossess it from you.
Although you can't inherit the loan of the debtor, you would risk being at the total loss of the money paid for the vehicle. So through full car check at car analytics website, you can get the financial details for your car.
Will car fax tell you previous owners name?
No it does not give previous owners personal information.
Can a buy here pay here car dealer have you arrested if you stop making payments in tn?
No you cannot be arrested for stopping paymentsto any car dealer, they can and will come get the car, however.
