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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
What happens if a repo man finds drugs in your car?
if he notifys law enforcement you may be charged. however there would be a valid dispute as you could claim you were not the last person in the car.
If some is a co signer on a loan the CO signer and pick up the check right?
Is this even English? Anyway, if you're asking what happens when someone defaults on a loan, then it is the responsibility of the cosigner to "pick up the check."
if you leave the store then maybe but it depends if they are concealed however charges are at the discretion of the police officer called to the scene
What are the fines for a stolen car?
its the jail time you should be concerned about. auto theft is a serious felony.
What is the most commonly repossessed vehicle?
Ones on which the owners are late on the payments. :-)
What is the phone number to make auto loan payments?
that depends on who your loan is through.
Do you know what company you got the loan with?
Delinquency of 3 months or more (in some cases 2 months) will result in repossession of the vehicle. If you are unable to keep your payment arrangements I would suggest contacting your financial institution to see if they are willing to work out a different payment arrangement with you. If that is not an option than voluntary repossession is the way to go. It will save you money in the long run.
The key to this is your word "gift" and a gift means you can't take it back. You gave it to them. A court won't find in your favor because it was a gift.
CRP levels should be up to 4.9 mg/L, But personally, I have been very ill and the doctors said ''352 crp level'' and this meant I was extremely ill.. (i am okay now though!)., they said it should be below 10.
How do you find out if the owner still owe a finance company on the car you are buying?
how do you find out if the owner still owe a finance company on the car you are buying?
Is it a crime to keep a car trying to be repossed?
YES!!!!
from Texas Penal Code
§ 32.33. HINDERING SECURED CREDITORS. (a) For purposes
of this section:
(1) "Remove" means transport, without the effective
consent of the secured party, from the state in which the property
was located when the security interest or lien attached.
(2) "Security interest" means an interest in personal
property or fixtures that secures payment or performance of an
obligation.
(b) A person who has signed a security agreement creating a
security interest in property or a mortgage or deed of trust
creating a lien on property commits an offense if, with intent to
hinder enforcement of that interest or lien, he destroys, removes,
conceals, encumbers, or otherwise harms or reduces the value of the
property.
(c) For purposes of this section, a person is presumed to
have intended to hinder enforcement of the security interest or
lien if, when any part of the debt secured by the security interest
or lien was due, he failed:
(1) to pay the part then due; and
(2) if the secured party had made demand, to deliver
possession of the secured property to the secured party.
(d) An offense under Subsection (b) is a:
(1) Class C misdemeanor if the value of the property
destroyed, removed, concealed, encumbered, or otherwise harmed or
reduced in value is less than $20;
(2) Class B misdemeanor if the value of the property
destroyed, removed, concealed, encumbered, or otherwise harmed or
reduced in value is $20 or more but less than $500;
(3) Class A misdemeanor if the value of the property
destroyed, removed, concealed, encumbered, or otherwise harmed or
reduced in value is $500 or more but less than $1,500;
(4) state jail felony if the value of the property
destroyed, removed, concealed, encumbered, or otherwise harmed or
reduced in value is $1,500 or more but less than $20,000;
(5) felony of the third degree if the value of the
property destroyed, removed, concealed, encumbered, or otherwise
harmed or reduced in value is $20,000 or more but less than
$100,000;
(6) felony of the second degree if the value of the
property destroyed, removed, concealed, encumbered, or otherwise
harmed or reduced in value is $100,000 or more but less than
$200,000; or
(7) felony of the first degree if the value of the
property destroyed, removed, concealed, encumbered, or otherwise
harmed or reduced in value is $200,000 or more.
How do you go about repossessing your car in Kentucky?
Repossess your own car? What did you do, meet your wife at a family reunion?
Most legal cases are filed in?
federal district courts
Another View: The above answer would be true ONLY if the case involved federal statutes. The majority of the cases filed in the US are filed in the local state courts of original jurisdiction.
Is route 11 valley auto sales a good place to buy cars?
yes it is they have good quality used cars, trucks, and suv's
The listing of payments that shows prinicipal and interest is an amortization table.
Can your bank account be garnished for an auto repossession?
Only after a cort judgement, then yes it can. It is better to pay what you said you would then add the costs of the repo and judgement. They can easily double your costs!
Not really enough information to answer the question. What was your age when you 'bought' the car? What is your age now? If under legal age - are you legally emancipated? Whose name was the vehicle titled in? Who was the vehicle registered to by the DMV? (????)
Can you sell cars if you have a felony?
Depending on what the felony is I dont think it will matter. To be sure I would consult an attorney to be safe.
Can you get a title for a bankruptcy car?
how can I get a title for a car that waS in bankeuptcy in kansas
How do you buy finance repossessed cars in Australia?
Go to a repossession auction. They are often advertised in the newspapers and on radio.
Can a loan company repo car at 12am on a Saturday?
Legally, once you have defaulted they have the power to take your car at any time...even after dark. Many cars are repossessed at night as the repo men can expect less chance of confrontation when you are sleeping.
