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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 a buy here pay here car lot repo after 7 days late?
Some places have the ability to take your car away if you don't pay car lot fees if you are trying to sell your car on their lot. If you didn't sign a contract through them, then they can't repo your car. They will most likely tow your car off the lot and you have to pay expenses on it. If you signed a contract where you must leave your vehicle on the lot for certain amount of days or months then yes they might be able to repo your vehicle if it states in the contract they can.
If you are not on a contract of any kind then no they can not repo your car. They will instead tow your car off the lot.
Can world finance loan company come pick YOUR car up?
First, you explain what "world finance loan company" IS; no such critter exists.
A RWA buyer, or Real World Asset buyer, refers to an individual or entity that purchases tangible assets, such as real estate, commodities, or physical goods, that have intrinsic value in the real world. In the context of digital finance and blockchain, RWA buyers may also engage with tokenized representations of these assets, allowing for easier trading and liquidity while maintaining a connection to the underlying physical asset. This term often arises in discussions about bridging traditional finance with decentralized finance (DeFi).
finace
Can a repo company move another persons car to get to my car in the state of pennsylvania?
No. The only car they can touch is the one they are going after. Nor can they get inside a closed garage.
The first answer is correct so far as it goes.
In no state that I know of can a "repossession agent" disturb the peace or commit a felony, misdemeanor or offense during the course of a repossession of property.
Can a bank suspend your license or registration for non payment on a truck?
Your driver's license is an instrument issued to you individually by your state government. Your bank has no bearing in its status. What your bank has is a lien to your vehicle which essentially means that upon your failure to pay, they have the right to repossess the vehicle and sell it to recover the money that they are owed. So while your registration won't be suspended, your bank may send a tow truck to repossess your vehicle.
Can you finance a car and still make payments on it even though you don't have insurance on it?
Yes one can, but almost all companies providing financing will require you to obtain and have insurance with specified levels of coverage immediately after purchase (if not before even approving the loan) if you don't already have it to protect their investment. If you do not get the insurance required within their time limit, they have the right to call the loan and demand its full repayment or repossess the car.
For example the CU I financed my first car with wanted proof that I had made at least an initial payment on insurance with $250 collision and $100 comprehensive coverage before even approving the loan.
So while it can be done its rarely practical to do. Its really up to the lender.
Of course, your state will still require either liability insurance or posting a bond for the car to be legally driven! But thats a separate issue from financing when you don't yet have insurance.
When a car loan company go out of business what happens to your loan?
You continue to pay it as normal because your loan is thru a bank not the actual company, if your financing thru there company then you should be going thru a bank now.
What car is cheapest on car insurance?
Most all vehicles are the same price for liaiblity assuming the drivers, location, useage, etc are all the same. The exception to this are high performance or sports cars and commercial vehicles. As far as full coverage goes there are different factors that go into prices for physical damage coverage. Cost of vehicle, amount of claims, cost of parts, etc. go into this pricing. The lowest cost for full coverage are minivans, more particularly domestic minivans with Dodge Caravan coming up cheapest. Two of the factors listed above come up highest on making Caravans lowest. One is the cost of parts is low compared to others and the amount of claims which results in who drives minivans. Teenagers don't drive minivans.
What is the maximum fee allowed for vehicle storage in Alabama per day?
Whatever you agree too, there is no legal limit or minimum amount charged unless you have the car impounded by the police or towed to police facilities, NOTE if your vehicle was towed due to parking violations or left on the side of the road, you have technically abandoned the vehicle, so if it was towed from a private lot look at the parking signs about towing, by knowingly leaving your vehicle there you automatically agreed to whatever the property owners fees were at the time.
How do you get a repossession license in AZ?
There is no licensing requirements to repossess cars in Arizona. The truck has to pass DPS inspection but that is it. So buy a truck and happy hunting.
You have the right to think before you decide to take full responsibility for another person's loan. Did the lender have your current address? Usually, the lender will try to make the co-signer pay if the loan goes into default. However, if the lender didn't have your contact information it could not notify you of the default. You should have been monitoring the repayment of the debt since you guaranteed it. You could consult with an attorney to see if you had any rights that were violated under your state laws.
You have the right to think before you decide to take full responsibility for another person's loan. Did the lender have your current address? Usually, the lender will try to make the co-signer pay if the loan goes into default. However, if the lender didn't have your contact information it could not notify you of the default. You should have been monitoring the repayment of the debt since you guaranteed it. You could consult with an attorney to see if you had any rights that were violated under your state laws.
You have the right to think before you decide to take full responsibility for another person's loan. Did the lender have your current address? Usually, the lender will try to make the co-signer pay if the loan goes into default. However, if the lender didn't have your contact information it could not notify you of the default. You should have been monitoring the repayment of the debt since you guaranteed it. You could consult with an attorney to see if you had any rights that were violated under your state laws.
You have the right to think before you decide to take full responsibility for another person's loan. Did the lender have your current address? Usually, the lender will try to make the co-signer pay if the loan goes into default. However, if the lender didn't have your contact information it could not notify you of the default. You should have been monitoring the repayment of the debt since you guaranteed it. You could consult with an attorney to see if you had any rights that were violated under your state laws.
Does a trucker have to pay lumper fees?
Companies typically care of this. They usually send a Comcheck express code.
How can you find out if your car has been impounded?
Call 911 to report the car stolen. If it has been repo'd or impounded they will tell you.
Will able to purchase a car after a repo?
Will i be able to purchase another car later on if my car is repo
Why does the voice form the police car respond no profession in the pedestrian?
mr.mead said he is a writer. so thecar believes wriying isnot a job so he responds no profession.
