answersLogoWhite

0

💰

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

Sold mobile home on purchase agreement still owe on mobile home buyers filed for chapter 7 what are my options?

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.

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.

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.

Does the repo men take the vehicle with the plates on it?

In most states the plates stay with the car. If it gets repo'd it will definitely be taken with the plates on it. If you are in a state where you keep the plates, they will give them back to you with your bag of personal items.

I am not aware of state where they give you back the plates. Remember that the plates are registered to the car, so once the car is gone the plates are essentially useless to you.

Also, if you happen to be asking this in order to somehow try to evade the repo or avoid it in some way...don't try. You may hide it for a few days, maybe a month, but eventually they will get it and you'll just owe them more money in the long run. Also, putting wrong plates on the car is not going to work (haha). Repo guys check the VIN number.

Thanks.

How much can you make self employed tow trucking?

That depends...in areas that have a lot of snow it is seasonal but substantial. I live in the Outer Banks, NC and there is a four wheel drive beach where tourists don't let their tire pressure down or they try with another type of SUV ect and end up hung up...here it is a very lucrative business. If you can find a place where people repeatedly need towed then you can make a lot of money.

Bad things on cars?

Anything that is a moving part. If not properly maintained will cause damage and be a "bad thing" on a car.

Petrol is one of the bad things it makes our environment polluted because of the smoke.

Could you name all car company names?

Ford, Dodge, Chevorlet, Gmc, Toyota, Nissan, Lincoln, Hummer, Mazda, Volxswagon, Smart, Honda, Hyndia, Ferrari, Amc, Saleen, Wiesman, Cougar, Alpha Romeo, Cadillac, Audi, Acura, Buick, Eagle, Bmw, Infiniti, Isuzu, Jaguar, Jeep, Kia, Lamborghini, Land Rover, Lexus, Lotus, Mercedes-Benz, Mitsubishi, Olds mobile, Peugot, Pontiac, Porsche, Regal, Saab, Saturn, Subaru, Suziki, Volvo

What is wilful concealment?

The legal definition may vary from state to state, but in general, it means intentionally hiding a vehicle when the payments are past due so a repo agent cannot find it.

Trending Questions
Can you register a car being repossessed? If you make payments every month can you still lose your house? If a car was a gift and you had a verbal agreement under term and conditions which was not met can you take the car back from the person even though its in their name and do not want to sign the title? Can an employer terminate an employee out on disability and Lawyers for this situation? Is it legal for a bank to hold a title to a vehicle that is paid for? Is it legal to take cars from someone when your name is on the title but they have the cars? What does the renter do after being locked out of rental by the sheriff's department in California? How many days do you have to be past due before your vehicle can be repossessed? How do you sell your car to someone else? When looking at the ground besides a moving vehicle helps you judge its what? Can your furniture be repossessed if it is in someone else's home? How long befor westlake financial repo? Can you trade in car before repo? Can wages be garnished by more than one judgment creditor at the same time in Oklahoma? What car brand is the most sold in the world? Where can you get a list of clients to solicit for repossession of commercial trucks and construction equipment? What happens to your credit when you give a car back to the bank? Names of companies in allentown that reposs cars? What are the car-return laws for Arizona? In Virginia if someone has had their wages garnished but a motion to quash the garnishment has been filed will the debtor be refunded money that has already been held out on this garnishment?