Does the credit of the cosigner gets affected if car is not paid?
Oh yes it does. That person put their credit on the line when they signed the contract making me a cosigner.
Can your wages be garnished in Texas if you are default n a car loan?
Yes it can if the loan company taKES it to court and gets a judgment against you, then by all means they can take your taxes, pay, etc.
What if you sell your car for less then the loan and still have money to pay back?
i want to pay but he say must pay full..he dont want to discuss but that car i pass to bank already that time i lost my job, so now i want to clear my loan how?
Can a dealership file repo on you if you didn't make a down payment?
If the dealership holds the title (Buy Here, Pay Here) then yes. If the bank you financed it with already has the title and you have your tags, then no. The dealership can, however, place a judgment on you for the amount of the down payment.
This is best answered by referring to the language of your private sales contract.
This is highly dependent on where you are at; States, counties and even cities have their own rules on what you can and cannot do to repossess a vehicle, without a court order. Check with your local City or County Sheriff's office. For example: In Corsicana Texas you can repossess a vehicle from any place, so long as you do not cause property damage, but you must FIRST notify the county sheriff's office of your intent to repossess, and show them the papers needed. By the same token, Lake Cities requires that you do NOT contact them about the repossession until the vehicle is at the storage lot, and then you must fax or send them a copy of the paperwork; all other state rules apply.
So as a general statement, yes they (you) can wait in the public street, stand on the sidewalk (even) and wait for them to make the vehicle accessible (I have followed them to the store, and ganked it while they went inside; I have taken it from their private work parking, and I have even taken one when they went inside to pay for gas (he was nice enough to leave it running, fill it up, and his date in the passengers seat - I told her to get out, she didn't - no charges filed))
Is a writ of possession an eviction?
It is one part of the whole eviction process. The writ is what you give to the Sheriff for the eviction. Then the Sheriff goes to the property and does what they need to according to lawful procedures.
Yes. It is referred to as "upside down" financing.
all the cars are.......
Catalack
ford
nissan
mustang
corvet
mersadies
saturn
voltswagon
Toyota
infinity
Chevy
BMW
Chrysler
Honda
Technically speaking, the answer is yes. Practically speaking, the answer is no. Credit reporting agencies are for-profit companies and do not exist as part of any public service. Therefore, like any other vendor or business partner you must establish a relationship and assume any costs associated with that relationship. Simply put, while as a creditor you may report late payments, in reality the cost, time consumption and legal complexity of establishing a credit reporting relationship with 1 or all 3 of the agencies and making sure your reporting complies with the Fair Credit Reporting Act and any other applicable law would likely stop the idea from being worthwhile to you. Additionlly, if you have not been reporting their payment history prior to their delinquency, you might open yourself up to legal problems if you try now. Make sure you collect any fees allowable under the note.
Unfortunately, your boyfriend is stuck out because he does not have any legal rights over the car. It's your car its totally in your name so it falls out on the good side for you and the bad for him.
Can a towing company put a lien on a car that's been totaled and paid off?
yes they can. if your vehicle was towed by them and you dont pay the bill they have the right to keep it in lue of the money you owe them.
Parties and their rights and responsibilities of a letter of credit?
How old do you have to be to work at a car dealership?
You have to be 16 to wash cars, 18 to change oil and such and be at least 24 and have your salesman licence.
Can a postal retirement annuity be garnished by an auto finance co?
In order for a garnsihment to be issued you must have had a judgment. Under normal conditions retirement, 401k and disability cannot be touched. For example under the OJ case his retirement from the NFL was not subject to the goldmans lawsuit. Your disability check should not be effected by a lawsuit.
What would the world be like without the automobile?
we would ride on horses, getting places would be slower, delivery would take much longer, and you would be at home more
How do you remove your lojack?
ok well first when you put it under your car and use it then you just turn it a round and make sure that it is all the way lifted down!!!!!!!!
Can your wages be garnished for the repossession of a vehicle in Louisiana?
If the lender decides to sue the borrower and wins a judgment, the judgment can be executed as a wage garnishment
What is charged with conversion?
It means that somone who was paid ahead of time for their services (attorney, funeral home, etc) converts funds paid for their services into money for their own use, or used it for another client. It could also mean that they failed to escrow the funds for their client and used the money for themselves or another client.