If a car is in your name as the primary but your cosigner has been making payment for the last year and many of those payments have been paid late can you legally take that car from the cosigner?
Since the cosigners isn't paying, unless you start paying instead, and catch up on all late payments, the dealer or the bank will repossess the vehicle shortly anyway, so your question is moot.
NO. Cosigning means the person is promising to be responsible for the debt if the primary borrower defaults.
If you always make your payments but are usually late each month will they repo your car because of your history even if payments have been made?
No as long as you are making payments every month. Most lenders won't reposess a car until you are at least 90 days late. The truth is lenders do not want the car back. Make sure and contact the lender and explaine your situation and they may even work with you to help you get cought up.
As the primary cosigner for a car that your daughter has and also signed for how do you gain possession of this car since she has made no payments nor paid insurance?
Asking her for it or to start making partial payments would be easiest. After that, you take the loan agreement, copy of the title that you can get from Motor Vehicle, and go to court. Should be small claims which will cost you very little, $50 or so and plead your case. Judge will award you poss...
If you have paid a payment and the finance company accepted it but still sent the repo man for your car can you get your last payment back?
NO, you owed it, you sent it in and its gone now. sorri
This just means they have not found it yet. They can pick it up and, they can take you to court and you will have to pay the amount owed plus court fees and fines for hiding the vehicle. If that's the case.
If your payments are current, they're not coming to repossess your car. Trust me, the finance company would much rather have your money than your collateral (i.e., the car).
What are your options if your car was repossessed by your cosigner even though you have never been late on your payments?
Were you in DEFAULT of any other part of the loan contract?? INS?? Illegal activity?? ect??? If not, you have equal rights to the car. You can repo it back, let them keep it(probably best) OR call a local attorney for state specific laws.
IF you are the REGISTERED OWNWER, NO. You cant steal your own car. They can REPO it.
Can the seller legally repossess the car if the agreed amount has been paid but the title has not been transferred due to the seller's negligence?
Sounds like you need to call a local attorney for state specific advice. You are into an area that will require a judgment/judge and that's NOT me. Good LuckI just posted this question, here is the entire situation. I live in PA, paid the seller (a friend) the agreed upon amount of $2300.00 over ...
If the primary buyer refuses to make car payments and drops the car off to the cosigner What is the cosigners responsibility?
To make the car payments. Just be glad you have the car too.
Can the PRIMARY owner of a vehicle sue the COSIGNER for half of the remaining balance if the COSIGNER had the vehicle voluntarily repossed even if the PRIMARY had already been making payments on time?
You can sue anybody for almost anything today. Now, if you can win or not is the question. Talk to a lawyer or at the very least your state attorney general.
If you have a car that everything is in your name but the loan says your the co-signer and now the buyers are making payments what are your rights and theirs to that car and can they take the car?
You are confusing me. If everything is in your name, how can you be the co-signer and not the primary borrower, and where did the "buyers" come in? Are you, perhaps 16-17 years old and your parents took away your driving privileges?
If you have been late on payments several times but never sixty days past due can car be repossessed?
You would have to read the contract to see if someone can "legally" repossess it. But ultimately, there is someone, somewhere who makes a decision. This person can continuously let is slide, or they can just get fed up one day and take, or have someone take your car. They also know that if you ca...
If you have someone else take over your car payments and they haven't made a payment in a few months can you legally take the car back?
No. Not if you signed the title over to the other person.If they don't pay the loan then your credit will take the hit. If the car is still registered in your name you can take it. If so, do you realize how risky it is to allow someone to drive a car that is registered in your name? You are respo...
If you called the creditor and arranged payment for late car note and he agreed to the arrangements but repoed your car isn't that somehow wrong?
Yes, its SO wrong. Same thing happened to me and the day I was to wire them the funds, they repoed my car. So, I got an attorney, filed bankruptcy and they gave me my car back. Now, they will get 1/2 of what we agreed on. Idiots.
If you are the only person making payments on a car and you are the primary owner. If the co-signer takes the car and will not give you the car back is there any way to get the car back in your possesion?
If you leased a new truck 3 months ago and now realize you can no longer make the payments but haven't been late yet should you go out and finance a cheap car before turning it as a voluntary repo?
Yes because the turn in on the lease will damage your credit and affect the loan rate on your car loan
Can you take your possessions from a car that your friend has let you drive and insure in your name?
yes as long as the poss. are not bolted or fastened to the the car. if thay are you have to leave them.
Does a cosigner have any liability if the ower of vihicle has an accident and the cosigner is the primary on the loan?
Unfortunately yes. I am a co-signer on my sons car. My name is on the car title as well (in which I am going to try my best to get off of title). My son has his own car insurance that covers quite a bit, however if he was to get in an accident and it was found to be his fault, his insurance would...
If your car which would have been paid off next week but was three payment behind was repo'd is there a possibility you can get it back?
Simply call the lender when you have the money to at least redeem it. Make arrangements to get your PP in the meantime, just in case things dont work out.
If you have the papers and bank statements that you have paid a car can the car lot take and sell your car?
ok are you buying the car or selling? if you have bought it and the only thing you arre wating on is the title then no the car is yours if you are selling the car the car deaile can get a lost tiile for it
Can a credit union refuse to release title of a car that has already been paid for if the customer is late on another loan?
It depends on state laws, or if they wrote it into the second contract.
The institution that has a lien on the vehicle.
If your mom is a cosigner on your car and they repo hers can they legally repo mine as they are claiming mycar payments are current but your mom is 3months behind you reside in Arizona?
Look at the contract. It may have verbage stating if you are in default on 1 note, you are in default on others. If so, yes. It's legal in Michigan if the note allows so in the default section.
What can you do if you have had your car repossessed before and you are currently paid up on your payments but one of the checks bounced?
Sit back and wait for NOI letter (Notice of Intent). * The majority of states do not require notice before a vehicle is repossessed. Contact the lender and explain the situation. And hope for a positive outcome.
It is best to have the person buy the vehicle off you straight out. Then in turn, with the money you receive from him/her you pay the remainder of the loan. It gets too complicated for someone to take over car payments and you sure don't know this person. They could well leave the country and lea...
If the car has a primary owner and a co owner and the co-owner doesn't want to keep paying the monthly bill does the primary owner have the right to take the car away from him?
IF your name is on the TITLE, you have the right to possession. This is best done with lenders knowledge and/or assistance.
What does a private seller have to do to repossess a car that has been transferred into buyers name but still list seller as lien holder?
go pick it up, if they refuse, go get the police
If you are the buyer but the cosigner has the car and is 3 months behind on the payments can you just go pick up the car?
IF and only IF, you are listed on the TITLE as co-owner, you can go get the car. CO-SIGNORS have to let the lender do it their way.
If the title to a car is in your name but the name for the car loan is in someone elses name who has legal ownership?
If only your name is on the title and the loan is not listed as a lien on that title then you are the legal owner. If someone else obtained a car loan for you then their name should be on the title to the car with yours. The question of ownership should be addressed if someone was kind enough to ...
No because you are going to make a payment for that car already!
What can you do if the cosigner has stopped making payments but refuses to give you the car or turn it in?
You might talk to a lawyer and settle it in small claims court.
There have not been many new car companies to start in the past ten years. There have been different brands branching off main companies but no new companies themselves.
You co-signed for a car for your ex and agreed that the car is mine as long as the payments are on time so do you have any rights to the car as a co-signer and is she legally able to repossess the car?
no she has np legal right to reposess the car u r both on the tiltle and registration and even if she wanted ure name off the vehicle she would have to apply for a lon just in her name in order to get ures off
A trailer was sold with a written contract and live in AZ It has been six months and they have failed to make all the payments as agreed What can you do legally to get the money or the trailer?
I'm not familiar with the specific laws in Az related to this situation, but as in most states, you probably have to get a judgment against the party in small claims court (assuming the amount of the claim does not exceed the jurisdiction of small claims in your state). If the party has other ass...
Do you have to keep making your car payments when the car isn't running and it's been put in storage?
yes you do unless you dont want it anymore.
How can do I get my name put on the title on a car you have been making payments on that is currently under my friends name?
Elizabeth Nerio-Perez and Elizabeth San Martin
yes because you are still not a legal adult so you still have to abid by your parents rules.
You have the right to possess the car if your name is on the title as a co-owner.
Unfortunately if there is nothing in writing in terms of a promissory note or other proof that you were to be paid back, there is nothing that you can do.
Ummm... he needs to get it registered in his name.. then everything will be fine.. (title in his name)
When you fail to make payments, they go after the co-signer. It can affect his credit. If he makes the payments he can take the car. You wouldn't want to make payments for someone else's car.
Most states Have a change of ownership form you can send in. This notifies the state that you sold your automobile. Another thing is always make sure the junk yard/junk buyer is a licensed salvage dealer. This is important because a licensed salvage dealer has to send your tittle in to the state ...
What can you do if you co-signed on car and made the down payment and all payments to date and the primary took the car because you and his son getting a divorce?
You can motion the court for redress. It would be advisable for you to take all proof of payment to court with you and be prepared to show it. As the listed borrower on the note, he has as much right to the vehicle as you. However, if the vehicle is registered only to you, and you did not consent...
If your car payment was 22 days late and when you made your payment the car was repossessed on the spot is there anything you can do?
It looks borderline MEAN, but if you were late, you were in DEFAULT and the lender has the right to repo when you're in default. Some lenders (BHPH lots) are MORE aggressive in their repo policies that others.
If car loan is under sole name and that person has died can the title be changed so that it can be paid off?
No need to change name to pay off. Need to change titleship with proof of death and a Judges determination that it goes to you if you intend to reregister it. The other way to gain ownership is to do an "abandonment" process. This varies from state to state. Contact the DMV in your state, they wi...
Not much you can do with it. Drive it if it will run or call a wrecker compnay to come get it if it wont run.
Is it possible to trade-in a car that is subjected to a repo for missed payments if you now have the money to pay those payments?
As a rule, ANYTHING is POSSIBLE. IF you are willing to pay the price. Dont make any false statements in writing.
NOT legally. That's Larceny of the GRANDEST degree.
Can you sue if your car has been repossessed after you paid it in full 30 days ago and received the title and overpayment check?
If you have the clear title in your hand and someone took the vehicle from you, you certainly have the right to sue. In fact, you have an obligation to make sure those people are more careful in the future. You should wrap them up so tight in court that it makes them hurt.
Can a dealership take back a car title from a lender and have the car repossessed if he is behind in payments even if arrangements have been made with the lender?
This question is incomprehensible. Please use the discussion page to add as much background and explanation as you can, and maybe somebody can wordsmith the original question into something people can answer. You can use periods and commas on the discussion page.
Your car was repossessed when it was two days late Is this legal The dealer is trying to say you owe a late payment charge from the month before and this is the reason for the repossession?
Well??? DO you owe a late charge from the month before? IF NOT, call a local attorney ASAP for state/case specific advice. Very Simple. Tote-a-note car dealers make GOOD money by repoing cars ASAP when late.
How do you remove your name from a vehical that you co-signed for your now ex husband who has the vehical?
go to the dmv or print up a release of liability form online and send it in.
What if you bought a car and decided that you don't want the car can you take the car back if you have not made a payment?
As soon as you leave the lot with a new car you have signed for and purchased, it becomes a used car and the value drops immensely. You can try, but you bought the car, and you own it. Unless the dealer financed the car, he has no interest in it any longer except for servicing it. Your only chanc...
If your car has been totaled but you bought it back and had it repaired is it true that it can never be totaled again?
It can be totaled again but payout will be much less, typically 50% of the value of a comparabe clean-titled car plus credit for any upgrades you've done and can prove with receipts (keyless entry, new brakes, new alternator). It's subjective so make sure you know the value of your car with a cle...
Do finance companies install a 'chip' that makes your car shut off if you are late less than 10 days on a payment?
Some dealers use a system called "OnTime" to help debtors remember that a payment is due. The dealer gives you a code to input to the device that keeps the car running until the next payment is due. Use of this system is growing as it eliminates the need for repomen. It makes the cars much easier...
My boyfriend bought a new truck but kept his old truck and gave it his sister to keep up payments shes been late on the payment ever since to make matters worst her sons totaled the truck what can he?
If your boyfriend is listed as the registered owner and the loan is in his name then it is his responsibility to deal with the payments, insurance ect. I would hope since it is a financed vehicle that you have full coverage which should help in this situation. Unless he has something in writing f...
What happens if a car was totaled and you're still paying on the car loan but couldn't afford payments anymore and bank threatens to repo car and take legal action but theres no car?
When you have a car loan you are required to have insurance to cover that car in almost all states. So, when the car was totaled you should not have had to continue making payments on it as the insurance company should have paid the bank for the car. Did you not report the accident, or were you u...
If a car has a lien on it and is in a shop and been repaired can you go to the owner of shop and repossess even if the repair bill has not been paid?
NO. The repair shop has a lien also. Pay the bill.
Can your cosigner repo your car if you are behind on your payment but not in trouble with the financial institution?
Amanda, if you are behind on the payment, youare "in trouble' with the lender. you are in default and could be repoed by the lender at any time. they just havent pushed the issue YET. Co-signor can only 'repo" IF they are listed as co-owner on the TITLE.
if u drive on the road yes.
Can you sue a mechanic if your car has been in the shop for over two months and they keep making promises to have it finished.?
Check all of your paperwork for disclaimers. If it's parts they're waiting for, they have no control over that. You just need to be patient. Now, if they're just holding your car hostage, that's a different story.Try to get a refund, then tow your car to a more trusted garage. If they won't bend,...
yesIf you are on the title as lien holder. If not, you will need to go to court and show that the person with the car has defaulted on the contract.
If you want to give a car back and are one year behind on payments would the remaining balance have to be paid?
Either that or file bankruptcy. The collection agency will be after you for the amount that is still owed after the vehicle is sold at auction. Please understand that auction will not get anywhere near the full retail value of the vehicle, and you'll loose a lot of money plus be required to pay t...
If someone is subleasing your car and hasn't been making payments can you have a repo agent get the car and could the subleaser sue you if you do?
READ your contract. Sub leasing might put YOU in DEFAULT. Is the lease in writing???Is YOUR name on the title? IF so, go get your car.
If a you sign for a car for your friend and they don't make payments on it and its in your name can you sue your friend?
i am not sure and you need to call a lawyer
If you have 10 days to settle with the bank can the tow company brake into your car and take personal items before that time is up because it has been 2 days and they did?
Sign a complaint with the police against the tow company and it's owners. They took your vehicle and depending on the state you can sue them for negligence in protecting your property.
Bank will not repo your sons car it has been in your garage for over a year you have call them many times and they keep telling me that the repo man will show up?
How about giving it to your son to keep at his house?If he lives with you, let him drive it until the bank does repossess it.I would guess that is to the advantage of both of you.He still has a car to drive without borrowing yours.But certainly, if payments aren't made the repo man WILL come soon...
Can you be arrested if a repo man came to your house and then they called and said that your car has been reported stolen and criminal charges have been filed?
Well, common sense tells me that IF it was reported 'stolen", the cops would at least drive by and look.Certainly, charges filed would bring at least 2 cops to talk to you, dont you think? In some states, that can happen. Are you in one of those states?
What is your liability of a car that has been repossessed from you but the tow company is driving it around town?
unless your going to come up with the money to get it back,who cares,its not your problem any more (:
How do you obtain your new car title after it has been fully paid for and the lien released by the finance company?
The lien holder should send you a lean clearance letter. You can take the waiting clearance letter and the title to the motor vehicle department and apply for a clear title.
What are some problems you may have from your Chevy Camaro v6 3.4l that has been parked for over a year?
Stale gasoline Leaking power steering seal Leaking transmission seals Belts and hoses dried out and cracked and/or brittle Brake fluid evaporated or shellaced Battery dead Tires dried out and cracked Frozen engine rings
no,you should have title.
If your car has been repossessed and you know where it is can you go get it since you made the payments before they repoed it?
NO, NOT and dont consider it. Pester the lender to rush it up but dont STEAL it.how is that stealing when it is still in my name?It is stealing, because it was repossessed from you, and was probably reported to the local law enforcement agency there as having been repossessed. But don't take my w...
In Georgia can a car be repossessed if the borrower paid a lump sum to cover arrearages and wants to keep the car and make timely payments but the lender wants the car returned?
In Georgia, Has an "endangerment of security" if at any time the finance company fells that there security is in danger they can repo you car. A finance company can repo you car at any time even if you are current if they fell that there security is endanger. Example of Endangerment I have repo f...
A friend needed to buy a car but did not have good enough credit so the car is in my name and the friend is the co signer and filed bankruptcy and included the car how does that affect me?
your stuck paying for the car leagly its your loan.id get the car back from him be cause he's not obligated in any way for that loan now the only one that will get screwed is you bad credit wise.
Can you buy another car down the road if you have been making payments on a truck you never use and you can't afford the payments anymore if you repo the truck?
YES, you can. It may be harder to get financed (bigger DP and/or higher interest rate) but you can. You WILL have to pay the balance due on the truck so seriously consider SELLING it. You may have to put money with the selling price to get the loan cleared but it will be MUCH cheaper that way.
My dad co-signed for a car with me. I made all payments and paid the car off. My parents are getting divorced and mom listed the car as marital property saying I cannot sell car. What are my rights?
Sue your mom! Fun! Just make sure your dad is backing you up and you have PROOF of all payments and the signed loan papers. See you on Judge Judy!well if your dad signed you mom has no right to it and cant tel you what to do at all but your dada can and its not marital its not between them you'll...
Can your loan be in default if you are making your payments on time but have failed to insure the vehicle or provide information to the loan company?
Yes. Making payments on time is only one of several things you agreed to do when you signed the loan papers.
If you've been making monthly payments on your car and and you are still a month behind can they repo it?
As long as you are in default, they can repo. Try to catch up the month behind. Send $5.00-10.00, whatever.
How do you find out if the vehicle that rear ended you was insured if you have the legal owner's name and the VIN?
and the state the plate is in i hope...if so contact that states dmv and get info on tracing it.......
What do you do if the finance company threatened to take your car because you were having trouble with payments but now you're ready to give the car back but they don't want to take it?
You cannot just "give" the vehicle back to them. If you cannot continue paying for the vehicle they will continue to threaten you trying to get their money back from you. When they see that it is hopeless they will repossess the vehicle and auction it off. I haven't read your contract, but probab...
You hit the other car, so yes, you need to pay to have the other car fixed. Your insurance should do this. If not, it is out of your pocket.
Should you return a used car that has been totaled to the lender if you still owe two payments on the loan?
Returning the car to the lender will not relieve the borrower of the legal responsibility to pay the debt. The balance of the loan and any additional fees is still owed on the vehicle and is valid and collectible.
What do you do when you stop making payments on a car and you've asked the car company multiple times to pick it up haven't paid them in over a year but the car's still sitting in the driveway?
The car company is not who you should be speaking to. The lender who loaned you the money to purchase the car is the lien holder and the entity that actually owns the car. That is who you need to contact. Something is not right here. Normally the lender would not hesitate to repossess the car whe...
If you have not paid on your car for several years and lost the paper work how do you find out who you owe and where to pay?
Request your credit report and the information should be on there.
What if you haven't paid for the car in a couple years and avoided the calls and still no one has picked the car up?
Then you are not only a person with no honor, but you are a thief. You borrowed money to buy a car and agreed to pay that amount back with interest. You broke your word, and then are hiding the car from it's rightful owner, the lender. The institution that trusted you to pay them back has lost mo...
I'm selling a non running car to a junk yard in Ca that didn't pass smog has suspended registration and has been sitting for 6 years unregistered.When junked are those past registration fees waived?
the fees stay with the car. who ever was going to register it a gen would have to pay back fees but it is going to the junk yard you don't need to pay it cause it is on the car.
If a cosigner of a car loan wants to get off the loan but it's not a good idea for the other party due to credit score can the cosigner take legal action to get off the loan?
Probably not. You, like the primary party, signed a contract as an independednt, free-thinking adult. It is assumed under the eyes of the law that you knew what your were getting into. You are as bound by contract law as the primary.
Should you see if your bank will repo your car as you just can't keep making the payments and when you do they are late you have had the car for 4 month now you know it will make your credit bad?
I need to know how long does it take the bank to repo your car if you are 2 payments behind. Can I make arrangements to make a payment next week
Can Someone with good credit get a car loan in their name for me and I make the payments Can I get a contract drawn up to keep this person from taking the car if I got past due?
Yes but it would use up their available credit and effect their score if you default, locking them out of using credit or a car purchase for years. If you got past due it would get repoed by finance co-neither one of you would have it. Try to do it on your own, if people post bk can get one you c...
Is there anyway to repo a car without reporting it stolen if your sibling has the car and is not making payments on it?
If the sibling has the car with permission, you CANT report it stolen. If you are listed on the TITLE as owner or co-owner, go get the car. If you are listed as leinholder, have some type of proof that sibling is in DEFAULT of a loan using the car as collateral, go get it or hire a repo agency to...
How do I get my car back that I sold to a friend and they have not paid the agreed monthly payment. they havent paid any payments in 3 months.?
Hopefully you did not sign the title over until it was to be paid for. If you did not sign over the title the car is legally yours. If you did, consult a lawyer.
If you bought a car for your daughter but not in her name and she is not paying payments now what can you do in Texas?
Nothing. the owner of the car (name or names on the car loan) is responsible for the payments. If it is in your name, take the car from her. Most cars 10 years & younger can have a key cut from the dealer by the VIN code. Have a key made, & take the car (only if it's in your name)
If someone drives your car with a valid license but your car has no insurance and they have an accident and at fault?
Hope that you have lots of money..Tell me your not stupid enough to drive a car with out insurance....
If you live in Texas and have two cars financed by the same dealership and you haven't kept up with payments on one of them can they take the one that is current on payments?
Read the fine print. Often default on one loan can be cause to call in all loans. If the loan was called, (meaning that you either pay it all off right now or forfeit the car) and you didn't pay off the loan, then they can do exactly what you described.
If a claim was filed 3 years ago but you were unable to pay the deductible is it too late to have the car repaired now?
yes, it sounds as if this is too long to wait.
What if your car breaks down within the first six months that you bought at a car lot but the motor has been worked on before you bought it and they didnt tell you can you do anything about it?
Different states different Lemon Laws. Here in Tennessee you are pretty much just stuck with it. Most vehicles are sold on a As Is basis meaning no warranty or refund. That being said I hate to put it like this but unless you find a loop hole in your local lemon laws to get your money back, you w...