Repossession

Edit: They should replace it.

Original: you win.

my sister co-signed a car loan with her boy friend. they are not together any more. can she somehow be released from liability?

rolls Royce 29hdb6ne3i series one.

With the OVER 9000!!!!!! cars

its the name of the lemer of of avatar the last airbender

It depends upon the financial responsibility law of the State. In general, each State mandates minimum insurance requirements. These usually relate to Personal Injury Protection Coverage and third party liability. Proof must be shown at the time of registering the vehicle.

If the insurance lapses, once the financial responsibility authorities find out, they can suspend the license and tags of the responsible part(ies). It is also an offence for which one can get a traffic ticket and which, depending on the State, carry a stiff fine and a further license suspension.

If one is involved in a collision without insurance and is found to be at fault, their license and tags can be suspended until full restitution is made. They may also be required to obtain and maintain high-risk liability insurance for a number of years.

some do?

Yes

I would think after so long it would become Grand Theft Auto because you don't own the car the bank or loan companies do !!!!! you might want to call a attorney and ask or browse the web for your answer...But after thinking it over i took on the task and this is where you can find your answer!!!! good luck http://www.lexis-nexis.com/hottopics/gacode/default.asp

A Purchase agreement which indicates •Buyer details

•Vehicle Identification Number

•Details of •Selling Price, •Rebate, •Tax , •Processing Fee

•Purchase Date

•Down Payment

Male, or female, muscle mass, height, and body structure all play a part in this.

4'10-5'2 = 102lbs(46kg)-121lbs(54kgs) for a small frame, 109lbs(49kg)-132lbs(59kg) for a medium frame, 118lbs(53kg)-143lbs(64kg) for a large frame

5'2-5'9 = 108lbs(48kg)-142lbs(64kg) for a small frame, 118lbs(56kg)-153lbs(69kg) for a medium frame, 128lbs(58kg)-170lbs(77kg) for a large frame

5'10-6'0 = 132lbs(59kg)-151lbs(68kg) for a small frame, 142lbs(64kg)-162lbs(73kg) for a medium frame, 152lbs(68kg)-179lbs(81kg) for a large frame

First off you will be required to pay the repossession fees unless you voluntarily turned the car in. Secondly you will be required to pay the deficiency. The deficiency is the difference in the amount the lender sells the car for and the amount you owe. Let's say you owe $10,000 and they sell the car for $8,000. That leaves you owing the lender $2,000. Thirdly this repossession will be placed on your credit report and will stay there for 7 years. Repossession should be the last resort after you have talked to the lender and done all you can to avoid this. Sell the car to another individual even if you have to sell it for less than it is worth, then pay the lender the deficiency out of your pocket to avoid repossession. Have someone take over the payments. Whatever it takes to avoid this.

16 by 7

A co-signer is the legal borrower of the money for a vehicle. You're only along for the ride in the hopes it will bring your credit up if all the payments are made properly. The car can be repoed if you drop insurance, make late payments, or otherwise don't keep the car in good condition while there is a loan on the vehicle. Pay your debts or surrender the property. That's the law.

Depending on the state the vehicle is registered in, most DMVs keep this information on file.

Depends on your contract. But yes they can just take the car back.

It means taking dogs to the pound when they're found without collars, tags, rabies shots, or otherwise acting as a danger to the public.

When a loan is in arrears (past due), the creditor has the legal right to contact the cosigner unless the loan is included in bankruptcy. The Fair Debt Collection Practices Act states this fact. The sole purpose of a cosigner/guarantor is to guarantee the loan, hence it is likely if no payment arrangements have been made by one, they will collect from the other.

In the U.S there is no debtors prison which means you can't go to jail for a debt owed (i'm assuming you owe car payments). However they will get you eventually, they can't come in your garage but they have spotters who will tell if you are seen at a gas station, store or god forbid on a date at a movie theatre, and when they do they'll grab your car quicker than you can imagine.

conditional fee = fee estate that is dependant upon a condition occuring. For example; I'll give James the farm when he graduates with an MBA. If James doesn't graduate, he won't get the farm.

determinable fee = fee estate that is only lost if something new happens. For example; I'll give James the farm as long as it is used for growing wheat. If it no longer is used for that purpose, James no longer has title.

Depends on where you live. In the UK a company can charge a 'call out' fee, but not a 'service charge' if no service was performed. However, this should be stated by them when you made the appointment. If you live in the UK you can approach the Citizens' Advice Bureau regarding the legality - take the bill.

The answer to your question is yes! My mother worked for GMAC finance, the people who finance your Gm auto. They will work with individuals who have problems. The deal is YOU the customer when facing problems must call them and let them know what is going on with your ability to pay (or not) your vehicle. If you do not contact them, they will use all their resources to find you. All the info you gave to the people who finance your auto is on record and yes they call the repo man and give him that information.

If your name is listed on the Title then you have all rights to posses the vehicle. The loan instrument doe not construe ownership, the title does.

Again if your name is on the title and registration you can Take the vehicle or better yet depending on your situation, call the police (with title in hand) and report the vehicle stolen, this can be a very powerful threat to who ever has the vehicle.

A collateral is nothing but any asset (Bank deposits, your house, jewels, machinery etc) that the bank can convert to cash by selling it if you default on your loan repayment.

The presence of a collateral enhances your credit profile and improves the chances of your getting the loan.

An agreement wherein, the loan customer accepts to the conditions of the loan granting banks control over the collaterals is termed as a collateral agreement