Repossession

You will have to prove to the dealer that you are waiting to get the money.

Show the dealer your loan approval documents.

Call the bank. Have the check number, who it was issued to, and date written. They will charge a fee to do this.

they would have to prove it was fraud. You used someone elses name, you had no intention of paying, you used deceipt. etc. The days of going to jail just for oweing money (other then child support), are over. (When you owe money to the goverment, they often consider that to be proof enough of a fraud, lol).

Tow companies will generally do private tows for small flat rates usually around $50

5ft 1

I have NO IDEA, WHY look here if there is NO ANSERS

yep, do it!

Yes, if you have all the necessary documentation required (proof of insurance, personal property tax receipt, et al) to renew rather than apply for a new registration the financial problems that may be existing are not relevant.

Typically when it comes to car repossession, a customer has to worry about their car being taken when they have missed three payments. Sometimes repossession can be held off by just contacting the company and reassuring them they will get their money.

Virtually 100%. When/how long? That's the question. Usually within 2-3 months, but not always. The state in which you reside has laws (statute of limitation) dictating how long the term can be, and whether or not you make efforts toward repayment.

I live in NC an my debt is in the amount of 12000 and MRS Associates is trying to settle for 6900. Should i settle? Not sure what to do.

The DEALERSHIP won't repossess the car, but the lender might if you don't make the monthly payments as scheduled.

If you're not on the title then you only agreed to pay the loan if the person buying it doesn't. This doesn't give you any right to the car.

However, you can sue the primary borrower in civil court if they defaulted on the loan and you made the payments. The judge may order the primary to sign the title over to you.

yes it can

99.9% unless you are in prison or otherwise known to be completely incapable of paying.

Then they just report you to the credit bureau

No. The co-signer would need to take all that evidence and sue in court to get title to the car transferred unless the owner is willing to sing over the title.

I suggest not to buy cars off the streets go to a place where you can get some sort of warranty.

That would depend on what it says in your lease agreement.

As long as there is a lien on the vehicle the lienholder has the right to repossess the property

Currently no one under 25 can lease a car anywhere in the united states.

That depends on why it was impounded.

At minimum, you'll have to go to the impound lot and pay the impound fee. There's probably a towing fee as well.

There may in some circumstances be a police hold on the vehicle, meaning you'll have to bring proof that you've cleared up whatever that is.

The first step would be to call the impound lot and ask them what you, personally, specifically need to do to get your specific car back, and then do whatever they tell you.

No. A repo agent is only permitted to move and enter the vehicle which they have an order for repossession on.

The procurement contracting officer

Most lenders will verify the majority of the information on the credit application and pull a credit report on you. As far as finding out, after the loan is done, that you lied on the credit application, there really is nothing that will be done unless you fail to make the payments.

yes, depends on how long it sits in your car