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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
Who owns car with registration number MAY 10R?
It is currently showh on a mangled Bentley for sale on Autotrader by SDW Services telephone 01293 862962.
Why do finance companies hire private investigators for repo?
Finance companies do not ordinarily hire private investigators to repossess a car. They normally hire repo professionals to do that. These folks investigate the whereabouts of the vehicle, identify it, and tow it back to the rightful owner, the rightful owner being the finance company. However, the vehicle is usually towed to a staging lot, usually the repo's business address, and arrangements are made to make up the payments by the buyer, or, repo places a for sale sign on the vehicle.
How do you keep car from knocking?
Your "KNOCK SENSOR" is probably bad. Take it to an auto parts store and they can check it for you. (I go to Auto Zone)
Are co-borrowers and co-signers the same?
It is my understanding that a co-borrower is a person who will also avail of the loan and shares the responsibility of repaying it, while a co-signer guarantees that the borrower(s) will repay the loan, and will be resonsible for it if the borrower does not repay it.
How do you report a vehicle stolen?
You call you local non-emergency number. Police if you live in the city limits, County Sherrif if you live in a rural area. The Dispatcher will direct your call, Just say " I want to report a stolen vehicle. Repos are NOT stolen.
A Corrective Action Program (CAP)
Is a member of an llc exempt from wage garnishment?
Yes in Illinois even a single member LLC gives protection to the member / members of the LLC. In the Quad Cities area and Peoria we have been really lucky getting default judgments against the members. If you know what judge will handle the case then you know how to handle the case in order to get the default judgment. If the judge "does not matter what law allows" allows service by regular mail then you are golden. You may need to send certified mail, send it to a old address if possible then it will look like they made a choice not to pick up the mail. Also you can check a box on the mail card saying that the person must sign in person, send this as late in the game as possible. When the mail person attempts to deliver he will place the tag on the door, when the person you are after gets home he will sign the card and leave it on the door. The mail person will come back and take the card but will not deliver because you checked the box that stated that the mail must be signed foe in person. The mail person will attempt several more time but by this time you will have a tracking number history that can be printed and used to show the judge that the person refused to sign for the mail as "he was avoiding" the courts authority to hear the case.
On your court date the soon to be debtor will not show and you will be given a default judgment. Now the new debtor could have avoided the judgment by coming to court and providing the section of law that "Limits Liability" and had the case dismissed. But since he did not show up despite your attempts to get him to court for a fair fight you win by default! The judge doesn't even hear the case he simply grants your demands against the defendant for as much as you asked for "hence" you didn't let him hide behind the silly LLC. Of course only use this method for good! One final thing, be sure to wait at least 30 days to start the garnishment actions or the debtor will have a chance to dismiss the default judgment!
Remember ask around to get the best judge possible!
Can car be repossessed if under joint ownership?
no..........only thing you own can be repossessed. anything that's joint owned rented or just dose not belong to you cant be taken.....you don't even have to let the in the door but once there enter for the first time they can come and go whenever they like and if your out and leave a door or window open they can enter that way and take what they like but you can tell them that the things they have taken are joint owned rented or just do not belong to you and they have to give them back.
Can you take co-dydramol and pregabalin?
yes... it is quite common to be prescribed BOTH.. for pain.. dont worry.. but it can cause constipation..lol x
What is presidential power of impoundment?
The presedential refusal to allow an agency to spend congress appointed funds
What happens if deductible isn't paid after car is fixed?
The repair shop can lien the car and sell it.
Can you get your rims back off of a repossessed vehicle?
Probably not.
In general, the creditor must return to you any "personal property" that was within the car at the time of the repossession. However, "personal property" does not usually include anything which is actually attached to the car; those are legally considered to be part of the car itself and you don't get them back. For example, if you removed the factory radio and put in a several thousand dollar system with huge subwoofers and a powerful amp... sorry, that's gone now, it's part of the car.
You might be able to work out a deal with the creditor, if the car hasn't already been sold. However, they're under no legal obligation to do this. Also, since the car will almost certainly be sold at auction for less than the amount you still owe on it, you're going to wind up paying the difference between what the car sold for and what you still owe on it... which might have been less had you left your rims on it.
What is the subject of the sentence to buy a car it is necessary to have money?
The simple subject of the sentence is "it", in apposition to the infinitive phrase "to have money". Also, since the initial infinitive phrase ("to buy a car") is adverbial, it should be followed by a comma.
What are the advantages of signing a loan agreement?
Is there any advantages to co-signing for a home loan
What can happen if your car is stolen before the bank repossesses it?
Don't do it! You will get caught.
Is there legal action you can take against someone who crashed your car?
Yes, every one can take legal action against someone if he does harm to ur car or anything valuable in the car.
Yesterday, the 20th September 2010 I have seen in the first page of the daily newspaper PROTHOM ALO with a photograph of late Farzana Hossain who died in a road accident and the driver is given seven years imprisonment by the court of justice of Bangladesh. There are so many instance in whole of the world.
Late Farzana's parents started suit against that driver on 27th October 2007. and they have to take so many bottlenecks, need to show serious endurance, spent money, killed their valuable time, bore mental pressure, and after all these they have got this result.
But I won't say it is a good decision. Driver should be punished more if he is really guilty. But I should not say or comment againt any justice of Bangladesh. This is just discussion sake I am telling.
Reverse discussion :- If this accident is due to Late Farzana's fault, then the driver should not be punished. Rather we should charge police deptt.
How do you lease a car with bed credit?
There are many people who want to own a car but unable to do that because of poor credit so they started taking cars on hire basis, even you can do that, a lot of car rental companies offer short term car lease for bad credit people, with reasonable prices.
Can i claim bankruptcy on my car loan if I'm not behind on payments?
Bankruptcy is not claimed on individual loans, a bankruptcy involves all your debt. The fact that you are current on your car loan may make it easier for you to negotiate with the lender for the continued ability to pay for your car but it doesn't mean that you get to have it for free. The same is true of a home loan.
What legal action does the cobuyer have if the buyer doesnt pay the payments for the car loan?
Don't know of any state that allows a co-buyer. There might be. For this purpose, let's use co-signer. What legal action does the co-signer have if the buyer doesn't make the car payments? In reality, the co-signer signed as a guarantee that the payment would be made and on time on the specified date. The buyer is the one buying. That's 2 different operations. The co-signer, at last known fact, cannot take the car because he is not buying it. He's paying THE LOAN since (and we're assuming here) the buyer is not paying. In my experience, if the buyer wants to be a horse patootie, he can drive that car with a smile on his face and not make payments because the co-signer IS OBLIGATED TO MAKE THE PAYMENTS. If the co-signer does not make the payments, then HIS CREDIT IS RUINED! Never co-sign, if at all possible.
