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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 car dealerships garnish your wages?

If they are the originator of the loan, and you are in arrears, yes, they can.

Can they garnish your wages for a repo in nc?

No you can only garnish wages for Taxes, student Loans, Child and spouse support, and payment of ambulance services in some cases.

or If the federal or state courts make the employer garnish wage.

Bank loans for Vehicle, house, or credit cards are usually not permisable for garnishing wages in NC.

Hope this helps.

How legal are the gps kill switch tracker boxes that the small car lots put on the cars they sell in the states of ga and fl?

When you buy a car from a dealer, the car comes as is meaning that you are taking a vehicle in the condition as shown. Some cars come with added features and some cars come with removed features. As long as the car is in a tangible and working condition with good faith that the vehicle will remain in such condition as long as proper maintenance is applied then how ever you receive the vehicle is legal. GPS kill switches are tools that are used for the second, but most powerful owners of the vehicle ( often referred to as the lien holder) to protect their investment ( which is the balance of the loan on the vehicle). Just as well as it is legal to receive a set of rims, a DVD player or a new paint job on you vehicle that you are purchasing, it is also legal to receive a kill-switch. Also, the kill-switch is only a bad thing for people that don't pay their payments on time or fail to keep insurance.

Can you tow a car with another car on Sunday?

Tow car companies are not available on Sundays since Sunday is a rest day for everybody. Unless you will pay extra fee for the towing fee and they will come to you in no time.

Why is a car called car?

From the Online Etymology Dictionary:

"c.1300, "wheeled vehicle," from O.N.Fr. carre, from L. carrum, carrus (pl. carra), originally "two-wheeled Celtic war chariot," from Gaulish karros (cf. Welshcarr "cart, wagon," Breton karr "chariot"), from PIE *krsos, from base *kers- "to run." Extension to "automobile" is 1896. Car bomb first 1972, in reference to Northern Ireland."

What do you do if in another State they ask for your Texas car registration?

There are 3 situations I can think of that would prompt someone to ask you for your Texas Car registration:

1. Assuming your car is registered in Texas, you are in another state, are pulled over by the police, and the officer asks to see the registration. SHOW IT TO THEM! Or would you really rather be taken into custody than get a ticket?

2. Or...if you are moving from from Texas to another state are at their department of motor vehicles to change your car registration : again, if they ask for your old state's registration, why wouldn't you give it to them? You certainly cannot have the same car registered in multiple states at the same time (legally.)

3. The 3rd would be if you had just been in a traffic accident with someone and the other driver is asking for your registration...As far as I know EVERY state requires that drivers "swap information" (Driver's License, Registration, Insurance) when there is an accident. You aren't going to GIVE them your paperwork to take, but let them see it so they can copy down information from it for their insurance companies or police reports. After all, if you do NOT show your info to the other driver he or she will probably call for the police, and then you'll have to show it to the police officer anyway. ...

To whoever made this answer, in Texas the registration is a sticker not paper.

What is the difference between making a regular payment to a loan or applying a payment to only principal?

Generally, an unscheduled loan has interest compounded at the end of a time period (in most cases a month, sometimes a week.) When you make a loan payment, you are generally paying both accrued interest and principal debt. When you pay only to the principal, you are paying back the original amount without interest.

This is done by people in order to reduce future interest payments.

Can you buy back your totaled financed car lets say my car is financed and I get into an accident that totals my car. I know the insurance will pay out the bank but can i still buy it back after?

Yes, you can usually but it back because it is then between you and the insurance company. But keep in mind your insurance company normally pays the ACV (Actual Cash Value) which may not be what you actually owe on the vehicle unless you carry Gap insurance. Gap Insurance is an additional coverage that covers the balance of the loan between the ACV and remaining Balance.

Can you change my mind if you bought a car and haven't picked it up yet?

It depends on the state. Some states have a specified period for certain types of purchases during which the purchase can be cancelled, others do not.

Whether you've picked it up or not is probably irrelevant (again, this depends on local law); typically, what matters is the length of time since the contract was signed.

It does not depend on the state. The question was about a car. There is no state that allows anyone purchasing a car to change their mind. The buyer's remorse law only applies to unsolicited purchases. Unless the dealer came to your home uninvited and sold you a car, you cannot change your mind. You bought it and you own it, the very instant you signed the contract.

How do you contact a buyer from tjmaxx?

T.J.Maxx offers high-quality, brand-name and designer fashions at 20%-60% less than department and specialty store regular prices on comparable merchandise. TJ Maxx sells Women's & Men's fashion apparel, shoes, handbags, jewelrey, luggage & more!

cutt.ly/fh1zFqC

Does a cosigner have rights to have keys to the car?

No. Not unless they are also on the title. The name on the Certificate of Title is the owner. Unless the co-signer makes other arrangements than just co-signing the loan, all they have is the debt to pay if the primary borrower stops making payments.

Do repo men use gps to find a car?

Yes! A repo man stole into my locked backyard to install a GPS system when I did not pay on a TITLE LOAN. I noticed him following me over the next two weeks. The repo man stole back into my yard to remove the GPS after two weeks with no repo success.

I settled with the CASH STORE for the original loan amount no interest.

Does insurance pay off a recovered stolen vehicle?

It depends on what insurance you're talking about, does it include theft?

What will the dealership do if your car down payment bounced?

The dealership doesn't do anything. Its the bank you fiance the car through that takes action. Missing one is not anything serious but if you miss three or more in a row they will start calling you non stop and soon enough they will get somebody to repo it from your possession

You just finished paying off a wage garnishment I got a bill in the mail stating that I still owe them more money to cover the interest so can interest accrue while being garnished?

In most instances and U.S. states judgment creditors are allowed to charge interest on valid judgments including those executed as wage garnishments. The interested party needs to check the laws of his or her state concerning such fees, as the percentage of interest and the application of same vary.

When do you take your car to get service for the first time new Chevrolet malabu 2010?

You can service it yourself or take it to anyplace that changes oil/filter which is all the service it needs at this time. You can of course take it back to the selling dealer or any other Chevy dealer.

Can a civil judgment result in the repossession of a car that is co owned?

If the civil judgment is due to not making payments for an auto loan on the car that is in question, then yes, that car may be repossessed as a result of the judgment.

If there is a judgment against both owners of the car (i.e., if the co-owners are both listed as defendants), then the car is considered an asset and may be repossessed unless there is proof that the car is required for one or all of the co-owners to earn money in order to pay the judgment.

If there is a judgment against only one of the owners of the car (i.e., if one of the co-owners is listed as a defendant, but ANY of the others are not), then no, the vehicle may not be repossessed.

Can you get escrow money back if you changed your mind?

You need to review the contract you signed to determine what terms you agreed to. That contract should be reviewed by an attorney.

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