Repossession

No, GAP Insurance covers the difference between the market value of the vehicle the insurance company pays you after a total loss and what you owe to the financial institution.

Do you mean defaulting on the loan and allowing it to be reposessed?

If so, it will show up as an auto loan default and repo. That will stay on your credit report for several years.

Best to sell it and pay it off.

ABSOLUTELY.

keep it into a garage or on a friends property, not a relatives

As long as you owe them money they can take it.

as soon as you are born

Yes, If the car is rear wheel drive you have to have the rear wheels on the dollie. Front wheel drive you need the front wheels on the dollie

The five payment types under managed care contracts are:

1. Discounted Fee-For-Service

2. Per Diem

3. Per Case

4. Percentage of premiums

5. Capitated arrangements

A repo man can check under the hood of a car to make sure it's the right car. They will look under to check that the vin number matches the vin number of the car they are repossessing.

Call the police ,guards ,cops what ever it is in your counrty and supply them with a recipt of proof of purchase

It will likely be repossessed and sold at auction, if not redeemed, with the proceeds being applied against the amount owed and subsequest repossession, collections, and legal fees.

Keep in mind that you signed a contract. That contract is legally binding, and in most cases, you agreed to suspend many of your rights to property.

You keep dreaming this because either you have had an experience in your life wheere you car or someone elses has been stolen. You might have been around someone when their car was stolen or, maybe you might have yous stolen in the future. The human brain tends to dream about what's to come in the future so this might be on of tbose dreams

Yes, and you might wanna report it soon, as in now. The only difference is you should contact the rental agency as well as the police.

Being in the military is not bar to repossession of a vehicle

Licensing?

depends on the state your in

How hard a bump are we talking about and which car do you refer to? If it's only a slight bump then each car will probably only have damage to its bumper (fender in the US). But a harder smack may damage the radiator shell or even the radiator itself on the rear car and the boot (trunk) of the front car. A very hard smack might even damage the chassis of one or both cars.

The number of payments makes no difference. The only thing that matters is the payoff balance of the car vs. the actual cash value. The more payments you have left the more likely you will owe more on the car than it is worth in which case you would need to either come up with more down payment or roll any excess balance onto the new loan which typically requires better credit to do.

Most usually they are empowered to take items where you haven't made the payments. If both the truck and trailer were being repossessed, then you are stuck.

If the lease is in his name and he passed away, then read the lease agreement. Frequently, when a person leases a car and dies, the car goes back to the company that leased it. If you want to do something else, you will need to get with the company that wrote the lease.

3 inches

Either that, or put a lien on the property or business involved. Until it's paid for, you own it. You may have to wait a certain amount of time before the customer is considered to be in default, though, so check your work order or contract with the party involved.

Of course, anybody can contact anybody, unless there is an actual restraining order issued by a court that forbids someone from contacting someone.

write a bill of sale!!, include the VIN, the car make and model, year, color, cash value of sale, mileage, address of yours, his, names, and signatures and dates involved, and have a witness there to sign it with you!! I'll give you an example...copy and paste if you want.. I, < sold , 1 year color make model, to <, for $, on 99/99/9999. the vin # is***************, it has current mileage of xxxxxx, and was sold as is with no implied warranty or otherwise. Buyer assumes this, and car is bought with all existing issues present. buyer: name adress phone signature seller: name address phone signature witness signature AND IMMEDIATELY TURN IN A RELEASE OF LIABILITY WITH THE DMV AS A SELLER!!!

If you're insured, the insurance company should take care of the damages, but to answer your question: You're responsible just for the car payments in case the primary owner can't make them.