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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
How do you avoid paying a parking fine?
If you have gotten the ticket, there is very little you can do about it. Chances of getting relieved of the cost of the ticket is very low unless someone can prove that the meter was wrong.
Where did Let the Buyer beware Originate?
A warning that the buyer must satisfy himself of the nature and value of a purchase before proceeding with the transaction.
Is it possible to have a felony and be a repo-man?
In the state of Illinois,Chicago. Can I work as a repo- man with a felony conviction?
How cand you get a license to carry a gun in Illinois?
If you mean a handgun carry permit, you can't. Illinois does not issue gun permits.
Can a warrant be issued for non payment of car note?
can a warrant be issued for non payment of car note
You were in your car in your driveway and the repo man block you from leaving can he do this?
Probably. In most states, bailiffs and others licensed to do reposessions are permitted to use all means except force to effect a siezure. Also, once a reposession order has been granted, the vehicle is technically no longer your property. In some cases, you can even be charged with theft for fleeing from a Repo person.
I have an employee that I assigned a car to, registered in his name. I will be terminating him prior to the car being paid off by company that has a value still owned of 7500.00. I am lien holder on the title. Can I take this car back during termination, as we he will no longer work for the company.
Answer
Get legal advice as to how to do this properly. You may need a signature from him at the time of termination. Then, get some advice on how to sensibly set this up for future employees. Just as a fellow person, I am not sure about how the registration made sense.
3cars in front of a car 3 cars behind a car and 2 cars behind 2 cards How many cars have passed you?
There are three different varables as far I am concerned.....
1. The cars may not be moving
2. No cars have passed you
3. None, it dosent tell where you position is, in front of 10 cars or, behind. There are three different varables as far I am concerned.....
1. The cars may not be moving
2. No cars have passed you
3. None, it dosent tell where you position is, in front of 10 cars or, behind.
What happens if the repairs to your car costs more than the car value?
Well, You have a problem because your insurance bill would sky high.
- Ian B
I thought that if a repair is more than the value, the insurance company considers it a total. Why would they pay for repairs that's more than the car value?
Stop payment on check to mechanic shop?
THis ain't no question....
why would you stop payment on a check anyway
The question is a little fuzzy, you have not stated if the Buyer(s) are still occupying the home. Also filing for Chapter 7 BK, may stop you from collecting your payment today, but the Buyer(s) will need to either reaffirm with you or move.
Unfortunately, if the buyer does take the home and/or debt into Chapter 7 BK, you are out the money, to include back payments while they were living in the home. You will be sent a letter from the court giving you a chance to address the court on the debt. You may have information that may keep the Buyer(s) from filing Chapter 7, but you would need to attend court to find out.
What is The origin of the sheriff?
If I remember right from my history class it was the shire reeve. This was a position as a caretaker of a lords property during medievil times. We have just bastardized the language to become sherrif.
How do you remove a repossession from your credit report?
There are 2 ways to remove a repossession from your credit report. You can dispute it to the credit bureaus under the FCRA and they have 30 days to verify the listing or it must be removed from your credit reports or you can contact the creditor that repossessed the car and negotiate the removal of it upon payment of any money owed. The entry is likely to be changed to late, but paid. Most of these fall off after 7 years.
How many days does a towing company have to notify owner of recovery of stolen vehicle?
generally they have ten days
Can you register one car in one state and another car in different state?
Yes, it is allowed, but generally frowned upon. It's usually helpful if you have a child going to college, and he/she is going to be in another state.
What is the difference between institutional buyer and government buyer?
hola, my name is nabilla hana.queen of nabilland.to all my nabians! what is the difference between institutional buyer and government buyer.
regards, your queen.
HAIL HYDRA!!
How would repossession affect your credit if im co-buyer?
It will fester like a throbbing red boil for 7 years.
And you can be sued for the balance due as well.
What happens if you hide a car from being repossed?
That is what we call theft.
And then you will be sued, your wages garnished and your credit destroyed.
How can you find out if my car is scheduled to be repossessed?
I could call the loan holder, or I could have you do it.
How do find a VIN if you have a HUD number on a manufactured home?
http://www.ibts.org/label_req.shtml
Can you get your car back after repoed on chapter 13 in Texas?
Generally, the answer is yes. If you contact the finance company, pay the outstanding payments and cover the repo and storage fees, they will be more than happy to let you continue paying your loan. Finance companies would rather you pay your loan as agreed than have to repo your car, auction it, and come after you for the difference on the note.
What is 'cheap liability only car'?
it means you're covered only for a straight crash where you hit someone. no fire or theft cover etc.
