Repossession

The amount of loans, period, will affect your credit rating.

Part of your credit rating is how much money they think you can handle at one time, i.e., your debt load.

Therefore, the more you load on, the less other creditors would be willing to extend you. However when you have the loans paid off, and they see you handled 'x' amount wisely, they may extend your credit to handle more, which raises your score.

Firstly petty theft, and then grand theft auto (or the equivalent).

I've read that the only way to prevent the battery acid from "eating" through fabrics (particularly cotton, i.e. denim) is to immediately pour an alkaline substance, like baking soda, on the spill. Otherwise there is not much one can do.

I've been through this before. It all comes down to contract law.

My situation may be like your. The dealer gave great financing, on the date of purchase, but then found "other credit information" three weeks later. This caused them to switch from 0% APR to 17% APR. They said if I could not meet the terms they would repo the car. I said no way and called a lawyer. While I waited for the lawyer to return my call, they repoed the car.

After talking to a lawyer, he said I could fight it, and it would take about 18 to 24 months to get to court. The dealer would be forced to hold on to the car in the meantime. I would have to pay the lawyer out of pocket, but could sue for my costs in the trial. I would also have to keep making payments during this time (and pay insurance) so I would not break my side of the contract.

All said and done, he thought I had a good case, but after 24 months I would just be getting back a 2 year old car and paying a new car price for it.

Bottom line. Contracts are only worth the lawyers behind them. Car dealers are more often than not, the scum dogs of the planet. They generally know the law better than you and will use every loophole the law allows them.

If I were you, I would call the state DMV for the state you live in. They might have better and more relevant advice than you can get online, and it is free advice.

Good luck, win one for the small guy!

Depending on the charge specified in the warrant: A Justice of The Peace - a Magistrate or - a Judge.

it would largely depend on if the car belonged to you or not.

Yes, you absolutely can be towed for having expired tags in Canada and the USA.

The judgment creditor will seek to collect on the judgment. Usually you have thirty days to satisfy the judgment, after which the creditor can satisfy the judgment by attaching and selling property, garnishing wages or going after any other assets. Some states provide for post-judgment collection procedures that require you to appear in court and explain why you have not paid. If you fail to appear at such a hearing, you may be subject to arrest or contempt of court procedures. You should receive notice of any such action.
This varies greatly by state. Depending on the laws of the state you can be forced to pay by wage garnishments, property seizure (cars) or liens (legal orders entitling the holder of the judgment to the proceeds of these things before you) against tax returns and real property (house).

Amplifying information moved to discussion page.

Actually no, you have the right to self defence, and may use lethal force to defend yourself or another person; but lethal force is not permitted to protect your property alone.

No if you have signed the contract/order it is no longer your vehicle so you are not allowed unless the person who now owns the vehicle lets you

Have the car voluntarily repossessed. Using this option means that you voluntarily return the car to the finance loan company if you are too far behind on your payments and can't recover. If you decide to return the car, the finance company may pick up the vehicle or it may require that you return the car to its location.

Depending on the type of damage you have different options.

If the damage is to the body or paintwork of the car then you can take the to a "Body Shop" or sometimes called a "Panel Beater." They will repair dents, replace parts that are too badly damaged with new body parts and re paint the car.

If the damage is to a electric component (e.g. computer, radio, lights), mechanical component (e.g. engine, axles, exhaust) then you have to take the car to either a mechanic or a dealer's garage. You should choose a mechanic that is familiar with your make of vehicle, especially if it is old or unique.

If the damage is to the interior then you could try either the mechanic or the body shop as they both can work on those issues.

If the damage is to the glass only, then there are specialist glass repair places that can fix damage to windscreens.

You should always get a quote and sometimes multiple quotes. Also you might need to involve your insurance if you are making a claim.

IF YOU DONT HAVE IT .

if it was repossessed you would have been called most likely ..

if it was stolen then you dont know where it is and you werent called !

If you're uncertain, contact your county Sheriff's department. Repossessors are typically required to notify law enforcement when they are repossessing a vehicle. This ensures that officers responding to any situation which should arise from the repossession knowing already what's going on, and also ensures that law enforcement doesn't have to start a tedious investigation when a car is reported stolen when it was actually repossessed.

You would probably just be charged a late fee.

And there would be a negative comment on your credit report as well.

Whatever the terms of the impound lot is.

yes it can be hotwired

Sorry, but you will lose the car. Repossession is they way creditors guard themselves against losing money on a loan.

yes and no

First you should seek out your local bad credit car loan providers, and ask them to provide you the re-financing car loan. In this situation the normal lenders will most likely turn your down.

Well to be honest it's both worth building a repo unit because you can buy one cheaper than you can build it. Companies now construct these units do fast that a brand new unit is only about $2,400 !! That's cheaper than you can buy all the material & build it!

Finance charges are billed on any revoling balance. What determines what you pay is the balance at the closing of you monthly statment!!! The key is to pay more than the minimum. On average to avoid interest on credit cards do not carry a revolving balance to avoid interest. Tip: only charge what you can afford to pay!!!!

A Corrective Action Program (CAP)

Definitely you can finance a used car with no or bad credit. Actually it is very easy these days. The reason is most of the used car dealers and used car finance offer it because your used car is a collateral until you pay off the loan.