answersLogoWhite

0

💰

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 wrote the book Getting Paid To Keep You In Debt?

Author JoAnn Pinkney Wilcox

JoAnn Pinkney Wilcox was born in New York city as JoAnn Pinkney in 1957.

JoAnn Pinkney Wilcox is the author of several books of which all are fiction except for her first book "Getting Paid To Keep You In Debt!"

She wrote the book "Getting Paid To Keep You In Debt!" because God Inspired her to do so.

Her job was to keep people in debt. She made a whole lot of money doing it. She worked for and with Banks, Utility Companies, Mortgage Companies, Credit Card Companies, Taxes, Credit Bureaus, Credit Repair Companies, Insurance, Laws, and a lot of other companies. She has first hand on the job experience on how companies do take money from you without your knowledge as well as put you at risk to be exposed to Identity Theft, and Fraud.

She takes you into their world.

During the Obama Presidential campaign, JoAnn Pinkney Wilcox had the honor of giving her book to 3 of his right hand people before he was elected as President. She did this in hopes that some of the things she exposed in her book would be corrected on behalf of the consumer. This may be a coincident, but some things that President Obama did activate on behalf of the consumer just might be due to what was exposed in her book "Getting Paid To Keep You In Debt!"

In order to cut down the cost to consumers, JoAnn Pinkney Wilcox elected to discontinue the availability to purchase this book on Amazon and Barnes and Noble....You can only buy this book at independent bookstores, at her book signing events, seminars, and on her website.

When does repossession become theft?

I'm a bit confused by your question. However, I will hazard this as an answer. If you have honored your obligation to the lienholder of said vehicle and paid the loan in full and then it was repo'd, I would think that would be the only way it could be labeled a "theft". Good luck!

Is muthoot finance is recogniged company by RBI?

Muthoot Finance Limited is a Non Banking Finance Company functioning under licence from the Reserve Bank of India.

Can a repossession man take your car with you in the car?

No... That would be very dangerous plus you can steal the car by braking. (or starting the car.) You have to get a taxi.

Is it legal to make a stop payment to a check?

It depends:

1. Yes it is Illegal if - you owe someone money and used the check to pay them for that. If you issue a stop payment the check will not be paid and the person to whom you issued this check can legally sue you for that

2. No it is not Illegal if - you have lost the check and want to ensure that whoever finds it cannot cash it without your approval

Can a storage company auction off your stuff?

Yes, if you do not pay your storage bill, they will place a lien on your stuff and auction it. They are required to auction because it is more likely to bring fair market value. If they auction your stuff and it brings in more money than you owe, they are supposed to write you a check for the remainder.

Can a person take over payments on a RV?

Yes, there are several ways to do this you can assume the payments after qualifying with the current note holder on the RV. You can also look to buy with seller financing from an owner that owns the RV outright and has Title to the vehicle. Some owners will use a Payment guarantee company to help service and manage the RV for them.

What happens to auction cars that are not sold?

They can renew their auction any time they want...Untill they have a final bidder who will win the car!

Can you a sue a title company if they did not give clear title. They are willing to pay up to the coverage limit but the actual damages asre twice that amount. It's a catch-22 for me?

The policy limit is the policy limit. You paid for an insurance policy based on the amount you paid for the property. As far as I remember, Owner's Policy's are never issued for more than the amount of the contract price paid for the property.

How much would a jet plane will cost?

Entirely dependent on the "jet". The latest military jets can cost in excess of a billion dollars but a small private jet (new) wouldn't cost much more than several tens of millions of pounds.

Can my car be repoed because I don't have driver license?

No. Repo (or repossession) occurs only when payments are not made on a car loan, or if a collateral conversion is done by a lender with whom you have another unpaid loan, or if the courts permit a collateral conversion in the event of an unpaid judgment.

If the owner was not involved can the police have a hold on an impounded vehicle?

Yes, if your car is related in an accident or crime it can be impounded for being part of it.

Can a mechanic repossess your car in Texas?

Yes a Auto Mechanic can repo your car in Texas. Just call a Repo company, they will give you a form to fill out called "Letter of Authorization". You send the "letter of Authorization" form to the repo company along with a signed work order that Mr. Customer should of signed when they dropped off the vehicle approving you to work on there vehicle. I use the old school basic work orders to check a customer/vehicle in and have them sign it. I also made my own "Letter of Promise" forms that I have them fill out if I agree to give them a credit line (which I try to avoid), just for extra measure. Thats all there is to it. Then if they write you a insufficient check, or agree to "pay you later ;);), and fail to follow through,, just send the paper work to the repo company with a check (usually cost $250-$400 depending on geographical area and location of vehicle),, a good repo company will have the vehicle the next day. Then you charge the customer for the repo fee and add yourself some administration fees, pain and suffering fees, mental anguish fees, dont think i'm rich just because I own a business fees...you get the idea..plus what they owed on the bill or bad check. Most important thing... make every customer sign a work order.

Can you stop payment on a check that is clearing the same day?

It Depends:

Yes - If the check has just reached the bank and the banks is still processing the payment. If so, you can issue a stop payment and the bank will not pay for the check

No - If the bank has already processed the check and released the payment to the payee customers bank account.

What happens to your credit if you give your house back to the bank?

The bank will put up the house for auction and recover the money loaned to you. Residual balance of the liability, if any, standing against your name post auction will be returned to you.

Can a repo man enter private property without permission?

Yes. The objective of a repo man is to reposess property of people who have defaulted on their loans. A repo man will never ask for permission.

Trending Questions
Can lien holders or reposessors continue to call or come to your house and harass you even after you've asked them to stop? When does a reposession affect your credit score? Is accepting a 1099 better than paying the deficiency? If someone purchases a vehicle with a cosigner and only one party is making payments who has legal ownership if both parties are on the car registration? How do you write a letter to bank manager for cancel the cheque? What is the word for moving a car payment to the end of the note? Can I have a car towed from private property in Colorado? Is it possible to have a felony and be a repo-man? How do you find a car history using plates? What might happen if you voluntarily relinquish your car to the lender and cannot afford to pay the difference in the loan balance after the vehicle is sold? Does the hand that you write with affect how you write? Can someone choose to go to jail for someone else? Can you file your car in bankruptcy after a bankruptcy discharge? Can you return a used vehicle that the financing has not been completed on? How long does it take to design a car? If you have a warrant in another state can you register your car in the state that you don't have the warrant in? What are the laws on title loan repos? How long does an auto repossession and a home foreclosure after stay on your credit report? Is notification required to repo a car in Montana? Is it against the law to sell someone else's wrecked car without the title?