Explain it in the sense of telling someone at their front door what you are doing or explain it in the sense of what causes it and is it legal and why can it be done?
The FHA does not have specific guidelines for auto repossession. Auto repossession is typically governed by state laws and the terms of the loan agreement between the borrower and the lender. It is important to review the terms of the loan agreement and consult with legal counsel if facing auto repossession.
You will receive notices that your payments have not been received, making your auto subject to repossession, but you will not receive a date and time of the repossession.
As far as I know there is no statute of limitation on auto repossession in any state. Check with your state Attorney General to be sure. I will post a link for you to read. Repossession should be your last resort. Hiding a vehicle from repossession is a crime in some states. The consequences of repossession are always bad for you.
Yes.
in the process of repossession?
Your wages can be garnished for an auto repossession if there is a court order. All wage garnishment's must be obtained from the county court of your residence.
yes,you may be catched by cops.
i = installment loan. 8 = repossession. i8 = repossession of an installment loan (like an auto loan).
Yes, an auto lender can use an investigator for repossession. This is often done to locate the vehicle and ensure that the repossession is conducted legally and safely. Investigators can help gather information about the borrower's whereabouts and the vehicle's location, which can streamline the repossession process while adhering to relevant laws and regulations. However, the lender must still comply with state laws regarding repossession practices.
Texas, Oregon, Washington and others.
new purchase not in repossession
You are guilty of grand theft auto.