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How far behind do your car payments have to be before it can be repossessed in the state of Virginia?
In Virginia, the law states a lender must submit notice in writing at least 10 days before a car is to be repossessed. Therefore, car payments that are late can be subject to repossession at anytime, provided notice has been given.
What is the name given to a person who owes money?
debtor
Can a pregnancy happen a week before the period is due?
you really can get pregnant at any given time even if your on your period its rare but can happen...
What is the Florida law pertaining to grace periods on used auto loan?
The Florida law pertaining to grace periods on a use auto loan is centered around Florida's 10 day grace period. The money for the auto loan must be given to the creditor before 10 days or else the loan goes into default.
Can a creditor get a warrant for vehicle repossession?
The creditor can obtain a replevin order from the court if it becomes necessary. Wisconsin is the only state which requires a replevin order to be in place before a vehicle can be recovered. All other states allow repossession under the UCC laws, although some do require the borrower to be notified and given a specified time to bring the account current before the vehicle can be seized..
Can a creditor ask for purchased product as collateral in chapter 7 bankruptcy?
Yes. I foreclosed on a home and bought another one cash before being discharged from bankruptcy. I was told by the attorney that creditors can ask the courts and the court will confiscate your purchased product and sell for whatever amount and that amount will be given to the creditor(s).
What is a Grace period in an insurance policy?
Grace period is a provision given to policyholder to pay premium in next 30 days.When he fails to pay it before the due date, this time period of 30 days is called grace period.
Can your car be repossessed if there are children's safety seats in the vehicle?
Yes, it can be repossessed. If you owe money on a vehicle and do not have a clear title of the car - In reality, this car is not yours until the debt is paid. The car is collateral until your pay the loan off. If the car was repossessed, the personal contents like the car seat must be given back to you.
What are the mobile home repossession laws in Nevada?
In the state of Nevada, if you do not make payments on a car you are buying, it can be repossessed with no notice given to you. Once repossessed, you will still be liable for all further payments even if the car is sold at auction to another buyer.
What period begins on the fourth Sunday before Christmas day?
Advent (which means arrival) is the term given to the season before Christmas, and it always begins on the fourth Sunday before Christmas Day.
What is definition of unpresented cheque?
A cheque which has been given to a creditor but which has not yet been received and processed by the writer's bank.
Can someone claim his money given to the deceased person from their heirs?
Sort of. A creditor can sue the deceased's estate for repayment.
