Repossession

Yes.

I'm trying to get this straight: if the son is on the account, and the son has an outstanding debt, and Chase has a judgment or the account is a Chase account, then yes. It does not matter if there are thirty people on the account that never signed for the loan. The fact that one person did is enough provided that person is indebted to Chase.

In most states someone else can register a car besides the titled owner if the proper paperwork is signed by the owner. The title will need to be filled out and signed by the person who will own the car.

In most states, a car cannot be repossessed unless the seller/creditor obtained a lien on the property to secure it. That lien must be perfected with the state, that is the security information must be recorded with the state. Also, in most states, a right to cure must have been signed by the purchaser to allow the lender to recover the vehicle any time any where. Failing all this, and additional requirements in some states, a private seller cannot legal repossess a vehicle without going through the courts and securing some sort of order such as a replevin.

Any vehicle you used to secure the consolidation loan is in danger of repossession. The lender may have already sent them for repossession and it is only a matter of time before the agency hired secures them. If you are catching up, it is in your best interest to get current on the loan as soon as possible. Contact the lender and discuss options. If you communicate with them, it could go easier for you.

I'm assuming you are asking regarding a bankruptcy. An automatic stay is a utility of the court, that legally prevents contact with you from creditors after they have been notified of the bankruptcy proceedings. Once you file, the stay protects you and your proerty for as long as the stay exists. Once the BK is dismissed or discharged, the stay is lifted. While the stay is in effect, the vehicle cannot be involuntarily repossessed.

You can't. What you may be able to do is go back to the divorce judge and motion for a separation of property. This may or may not work, as both of you signed the contract, and such action would in effect break that contract, which a judge is unlikely to do.

Yes, you contracted to borrow money. That money was loaned to you, it is gone. Now you have the principle and the interest. The vehicle that was repossessed only secured the loan. The lender did not want your car, but your failure to pay as promised left them no choice but to secure some sort of payment. Now you have what remains, plus costs and continuing interest. If you fail to pay now, you may have no choice in how the lender collects the full amount.

Any unpaid loan will remain on your credit record for seven years from the last date of payment. In the event the lender obtained a judgment against the debtor, it will remain on the record for ten years past the date the judgment was issued. In some cases, if the lender obtains a judgment, the account is not paid, and the lender obtains an extension, the record will remain for an additional ten years past the first ten.

This is a unique scenario, but not totally uncommon. If both vehicles are financed through the same lender, then that lender may do what is called a conversion of collateral. When this is completed, then yes either vehicle may be repossessed for default on either loan.

Try this, if the repossession agent/hauler arrives at the home to find the debtor present, and hands him a copy of the Notice of Repossession, that is long enough. The problem you may run ito is that if the home is being occupied, you may also have to serve a Notice of Eviction as well. This can get complicated. It can take up to six months (in some cases a year) to legally evict in some states.

If you are late on your loan payment and are a cosigner on your daughters car can they repposses the car?

Yes, provided there is still an outstanding balance after the repossession and resale are completed. This is the case in most situations, due to the added cost of repossession, storage, and transport of the vehicle that will be assessed to you. If it remains unpaid, the lender may (likely will) file legal actions against you to recover the balance.

By harrassing you, it can only be assumed that they are calling you multiple times per day. Or, that when they call you they are making outlandish threats against you, your family, and all of your personal safety. Or, that they are coming to your place of employment and pointing at you to identify that they are trying to collect a debt from you.

Unless you can show evidence that this agency is in violation of the FDCPA, and your state's collection laws, then no. The contact will stop only after you have paid the debt off, or seven years from the date of your last payment (in this case probably the resale of the repossessed car) has passed, or in the event the lender sues you ten years have passed from the date of the judgment, or in the event the lender got an extension from the courts on the judgment tenty years from the original judgment date has ellapsed. Pay the outstanding amount that you contracted to pay, or keep getting phone calls.

This is on a car, and you are not paying the balance of the price of the car in full, then yes. You are buying on installments. It is common financial practice and has been for about the past three thousand years to charge interest. Legal, ethically, and morally they can charge you interest. Where it becomes still legal but less ethical or moral is the amount of interest they charge you.

In essense what you are describing is loaning a car to another person for an indefinate period of time. If the arrangement is that the other person is to make the payments, it is a foolish thing for you to do, dangerous to you financially. But, no, you cannot get into criminal trouble, only trouble of a financial nature.

Wages cannot be garnished for credit card debt in South Carolina. They can be garnished for unpaid taxes and child support.

They may, however they may not until after you are delinquent on the loan. Contact them now and ask. They are not obligated to do anything not laid out in the original contract, and they do not want the car, they want the money you promised to pay. Contacting them now, though shows good faith on your part, and they may be willing to work with you.

Yes..If they paid you for the vehicle it now belongs to them..Other than that if you're paid up then the car belongs to you.

If you were married at the date of service for a necessary bill and are found unable to pay and yet the spouse has the ability to pay then Yes the spouse can be held responsible.

The car is paid for over a long period of time.

expropriation means seizure of private property by the government after paying compensation.

confiscation is similar as expropriation, but confiscation does not involve such payments.

The contract should include the applicable terms in case of a repossession. If there are no specifics as to the action, the laws of the state in which the vehicle loan was granted apply.

One day soon you will wake up, walk out to your driveway with your travel cup of coffee, and your keys, and you will find that your car is not parked where you left it the night before. You may automatically assume it was stolen, so you will grab your cell phone and dial 911. When the operator answers, she will take your information, pop that into the computer, and transfer your call to another department where you will be told that your vehicle was repossessed.

It is possible that you will take the kids grocery shopping one hot summer night. While at your local Winn Dixie, you will not notice the tow truck that has been tailing you for the past five blocks, crusing the next aisle over. But, when you exit the store with your ice cream melting, and the kids cranky and screaming, you will see your car being towed from the lot by a guy with a baseball hat in a two truck, smiling and waving at you.