Repossession

chuj ci w dupe sebastian

Ma'am you dun did it. They lookin for you, they goin' find you, so you can run and tell dat! Home boy!

Yup, joint ownership. Pretty much always a bad idea...

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i think so:D

After it's been repossessed once, it's not your car anymore, so... once?

If it's repossessed and you're able to bring the loan current and redeem the car before it's sold so that you get it back, there's no limitation on the bank repossessing it again should you again fall behind. This could theoretically happen every single month of the loan, though in practice most lenders would insist that you either pay off the loan in full or give up the car on the second or at most third repossession.

No you cannot remove a repossession off your credit report if your cosigner has a judgement on the repossession.

after 60 days they start the process. By day 75 it is repossessed

Actually, it doesn't just come off your record. It will show as a repossession, but it will show as no balance due.

Private property is considered the pillar of free enterprise because it provides individuals and businesses with the right to own, use, and transfer assets. This ownership incentivizes innovation and investment, as people are more likely to develop and improve their property when they can reap the benefits. Additionally, private property fosters competition and efficiency in the market, driving economic growth and consumer choice. Overall, it establishes a framework where individuals can pursue their economic interests freely.

Call the bank and ask.

Yes. The repossession agent may recover the vehicle so long as he has free access to it, on private property, public property, federal property (with the proper permits), even a limited (key card) access parking garage so long as he is given access to the garage. Keep in mind that hindering the repossession of a vehicle is a crime in most states. In situations when this has happened, the agent or the lender may seek a replevin. In the event a replevin is acquired, it will be served by a law enforcement officer accompanying the recovery agent, you will be ordered to surrender the vehicle, and your failure to do so will land you in jail and the LEO will supervise the recovery of the vehicle anyway.

Your choices then, when a vehicle is up for repossession is to surrender the vehicle voluntarily, or give the recovery agent grief and give him a reason to take it when it is easiest for him and most inconvenient for you. Consider that recovery agencies are in the very specialized business of finding and securing vehicles that those who haven't paid for them are trying to hide. In six years of skip tracing, no one ever got away from me, and there are skip tracers out there far more skilled than I.

Maybe. There is a legal concept called a mechanic's lien- where you owe someone for work they performed. Under some circumstances they can legally take what they worked on (car) and sell it to be paid. Laws vary place to place, but my advice would be to pay them what you owe- it will be cheaper than talking to a lawyer.

it depends on the managment rules or policys.

The correct answer is look at the lease you signed. That lease is a contract. WHAT DOES YOUR LEASE SAY ?????? (my answer rests on the assumption that you are a tenant and have a lease; if you are not a tenant, you do not have a lease, therefore you are parked on private property and have voluntarily (knowingly or not) subjected yourself and your vehicle to whatever rules or policies exist upon that property)

First, you explain what "world finance loan company" IS; no such critter exists.

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.

no they do not have to notify you if they plan to repo your car

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

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.

yes. it is up for repo

it might be a customized Volkswagen Golf.

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.

No they cant it is illgal

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.