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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

Can you hand a car back to the finance company when you have paid off more than half the amount borrowed?

You can but it will still negatively effect your credit score. It is better to voluntarily turn it over then have it repossesed.

How far is it from Canada to Minnesota by car?

Minnesota borders both Canadian provinces of Manitoba and Ontario Therefore the answer to the question is 'O', whether in kilometers or time

What if you are thirty day late on a payment?

The creditor can charge you a late payment fee and report you late to the credit bureaus. One 30 day late payment can lower your credit score 90 points and cause you higher interest rates and cost you more money in the future. You can try to contact your creditor and ask to have the late payment removed if you have paid on time. You can also dispute it to the credit bureaus and try to have it removed that way.

What is a lienholder hit list?

"I would think that it is a list of leinholder's (finance companies, banks, etc.) with the addresses that have been found to be correct.

Which is the only vehicle allowed to go through a red light?

Emergency vehicles such as police cars, fire trucks, and ambulances only.

What is a writ of repossession?

You are likely thinking of a writ of REPLEVIN. It's a Court Order for the vehicle to be served on the customer for the vehicle.

How do you make a fake mic?

OK, first, you need a golf ball or a tennis and a pen or a pencil. to make the Mic, simply glue gun or tape the golf ball or tennis ball to the pen or pencil, if you really want to get realistic, you can even paint it or paper maché it.

Who is responsible for returning tags when vehicle is repossessed?

In New Jersey, it is the responsibility of the person who registered the vehicle. When the vehicle is repossessed, the person from whom it was taken will be contacted to allow them to pick up their belongings. At this time, they will be given the plates as well as any other personal items left in the vehicle. They can then be returned to the agency.

In Florida can repo men be charged with theft?

Not if they do what they're supposed to do..... #1 They can't repo a car without a order from the dealership, which they should have with them when they get the car. #2 As soon as they get the car in their possession they're supposed to call the police to tell them they've repossessed the car And you can't say they stole anything because it was INSIDE the car. It's law that they have to inventory everything in the car after they repo it. Which pretty much means they take everything out of the car, list it, and for a certain charge they'll give you your things back.

What is the largest amount a reposession cost can be in California?

There is no set limit on the amount that can be charged for a repossession.

What is the fruit of the 3rd behind?

it is a thing that has challenged many people before you. The answer is the fruit of the third behind is the fruit of the third behind etc-forever. There is no other explanation for this.

What is another meaning for knocking?

In many card and token games a player is required to knock the table when he's down to one token/card The player so doing is said to be 'knocking' A gasoline motor is said to be 'knocking' when the air/gas mix is too lean Knocking can also be criticising, using a knocker of a door, declaring an auction over Knocking off: finishing work for a break, or the day: making a hasty job of: robbing Knocking up: waking: making pregnant: making hasty job of Knocking over: robbing Knocking down: to assault and to beat to the ground

If only one month passed with no payment can you the co-signer have the car repossessed to avoid credit problems in the future?

When we cosigned a loan for our daughter we wrote up a separate contract which she signed. In the contract it stated that if she was one month late we had the right to reposess and she would also be responsible for all interest charges incurred for the life of the loan. We had insurance stipulaions as well. She signed the agreement and it is useable in court.

What is the best class B RV?

So far, I think, in terms of quality, Roadtrek seems to be leader in class B RVs. I've seen many more problems reported on message boards about other class B RVs. Some claim to be luxury and look really nice, but is everything going to work properly?

Based on this research, we purchased a Roadtrek almost a year ago, and have been satisfied so far with the purchase...

Can a bank take your other assets after repossession of vehicle in Ga?

Our company that refinanced the vehicle is threatning to garnish wages and garnish our other vehicle (of which is paid for) and other assets.

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