answersLogoWhite

0

It depends on the contract and how severe the lending institution wants to be.

User Avatar

Wiki User

19y ago

What else can I help you with?

Related Questions

Can a third person be held responsible for not disclosing the whereabouts of a vehicle up for repossesion?

You don't have to talk to the repossession agent. The only thing you don't want to do is claim to not know where the vehicle is - at that point, it can be assumed to be stolen, and there is a possibility of it becoming reported as a stolen vehicle. Repossessors have no law enforcement authority - they cannot make arrests, they cannot obtain warrants.


State statue can you move another car during a repossesion?

NO the repo person can not. Who ever owns it can or if they give someone else permission to move it.


If one person has possession of weed in your vehicle is the driver held accountable for that person?

yes he is i know it sounds stupid and is very stupid but yes that happened to me before... also the can confiscate the vehicle


Can you buy a car in Tenn from an individual with out that person registering the title they have?

Yes and no. The person you buy it from does not have to register the vehicle but they must title it before they sell it to you.


How many people marry the person they are cheating with?

I did. But it was more like "test driving" before switching to a nicer vehicle.


Can you have an expired inspection ticket dismissed in Nassau county if you get the vehicle inspected immediately?

Yes, a person can have an expired inspection ticket dismissed if they get the vehicle inspected before the court date. It is very important to have a safe vehicle on the road.


Can a disabled person's vehicle be repossessed in Florida?

A disabled person's vehicle can be repossessed just as any other person's vehicle can be repossessed. You must make all payments on your vehicle if you want to keep it.


Is an underaged driver covered if he is driving a vehicle owned by another person if that person is not in the vehicle?

NO!!


Mothers death she a leased vehicle should you do a friendly repossession or just let dealer repossess it?

Either is fine since if she is the ONLY person on the lease then they cannot damage her credit. Whichever is more convenient for you. I would drop it off though since then it has less chances of being stolen in the meantime while the process of repossesion is taking place. Know what I mean?


What is a mvr 2 form?

In North Carolina this form is used as a Dealer Reassigment of ownership. This means when a Dealer buy a car from a person or another dealer and then they re-sale the vehicle to another person or dealer. With this form the dealer does not have to register the vehicle on their name before selling it.


Can you trade in car before repo?

If the repo-man is looking for your vehicle, you do not own the vehicle yet. If you take the vehicle in for trade-in, they will have to contact the person who owns the vehicle to get permission to trade it (meaning whoever loaned you the money). Whoever they call is bound to mention that they are in the process of repossessing your vehicle. In alot of cases you need ownership of the vehicle and only a title can prove that to trade in a car.


Does a vehicle log book mean you are the legal owner of the vehicle?

A vehicle log book does not make a person the legal owner of the vehicle. The log book will show that the person is driving and maintain the car.