Repossession

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.

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.

no

No, you may only do it if you fry a pancake on your stomach, while being in a tub of hot oil.

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.

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.

Yes. They can! The car is their equity basically!

Well when mummy car and daddy car really love eachother ..........

All a co-signer is someone who agrees to pay off the debt if the loan goes into default

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.

If my cadilatic converter is plug up and I keep driving my car what will happen to my engin will any thing brake

Yes.

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.

The repo man will tell you that, but no it is not true.

Yes, but my bank will charge me for stopping the stop, anyways...

yes

No it does not give previous owners personal information.

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.

no

no it can't

No you cannot be arrested for stopping paymentsto any car dealer, they can and will come get the car, however.

Get a class 3 ffl

They can, but they don't really need to. They can make keys for the car by looking up its VIN and seeing what key pattern is associated with it. For that matter, most people who repossess cars are only briefly slowed by not having keys.

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.