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I am trying myself to determine if NJ has different rules from most other states. According to this website http://www.lawdog.com/states/nj/sta1.htm it looks like we can just take our cars provided we don't break any other laws, such as breaking and entering a garage. * Such laws relate to the repossession agent and the lender not the borrower/debtor. Retrieving or attempting to retrieve a repossessed vehicle without using the prescribed legal procedures is a criminal act.
What else can I help you with?
In New Jersey does the borrower have to pay any loan deficit after a repossessed car is sold at auction?
Yes.
How can you get a new car if your previous car was repossessed?
I have seen it done, yes.
Car repo in ny?
A car can be repossessed in the state of New York if payments are late or defaulted. The only way to not get a repossessed is to make your payments on time.
What happens if your car is repossessed in New Jersey?
If your car is repossessed in New Jersey, the lender will typically notify you of the repossession and may sell the vehicle at an auction to recover the outstanding loan balance. You have the right to redeem the vehicle by paying the full amount owed, including any fees, before it is sold. After the sale, if the proceeds do not cover the debt, you may still be responsible for the remaining balance, known as a deficiency. Additionally, repossession can impact your credit score negatively.
How do you pronounce 'New Jersey'?
New as in "New Car" and Jersey as in "Football Jersey". (NEYW) (JER_SEE)!
What happens if you get your car repossessed?
if i get my car repossessed, can they put a llien on the house?
How can you locate your repossessed car?
Your car was probably repossessed by the lender who owns the car until you pay for it. Call your lender and they will be able to tell you how to locate your repossessed car.
Can your car be repossessed if you lose your job?
No, but your car can be repossessed if you don't make the payments.
What is the best car insurance company in New Jersey?
If you are wondering what is the best car insurance company in New Jersey because you just moved to New Jersey and you need car insurance, you should check with Geico.
How do you pronounce news?
New as in "New Car" and Jersey as in "Football Jersey". (NEYW) (JER_SEE)!
Can a car be repossessed from a car dealership?
if the car dealership does not pay for the car in full or pay their bills then the car would most likely be repossessed
Can a car be repossessed with a person in the car?
No.
