If you have affordable auto insurance before filing bankruptcy based on good credit do you have to tell the insurance company you filed?
Always tell insurers about modifications made to your car, as not declaring could invalidate your policy.If you're changing your car from the factory specification, always tell your insurer at the time you make a change.
If your car was repossessedand the company who sold the car to you is filing bankruptcy do you still owe?
Yes. Since the "Car Sales Company" went into bankruptcy, your financial agreement with your "Creditor" (bank, credit card, credit union, etc...) has not dissolved the loan. Check with your creditor (who you send your monthly to?) and/or continue paying for your car. This will help you keep your o...
In most states, an insurance company must give a policyholder written notice of at least 30 days before canceling a policy, which is a formal contract.The policy between the insured and the insurance company specifies the reasons the insurer can cancel the policy and the time frame and method in ...
There are many companies that offer affordable liability car insurance so you will want to get quotes from a variety of companies. The General, Safe Auto, and Progressive have many low-cost plans.
sure you can, but you will loose new car when u file bankruptcy anyway.also need more than just a car payment to file bankruptcy. laws have changed to prevent people filing bankrupcy just to dodge paying there bills
Most states require either the insurance or a cash bond to be on file with the state. The insurance is always less expensive than the bond but it is an option.
If the child drives any of your vehicles, yes. If the vehicle is in the child's name, no.
The Texas Department of Insurance can help you with insurance problems, complaints, and questions. File a complaint using its online Insurance Complaint Process.Call (800) 252-3439 if you have questions or need help filing a complaint with them.
Domestic public companies, or those that wish to become public, must comply with several rules and regulations set forth by the Securities and Exchange Commission (SEC), a division of the federal government.
If you filed Chapter 7 bankruptcy last year how it will look on your credit if you surrender your leased car?
NO worse than the B/K and you get to pay any balance owed. What great service from your friendly B/K attorney did you get for the money you payed? good Luck
A private company circulates its reports among its closed group of stakeholders and doesn't have to share them with the public.A private company must file financial reports with the SEC when it has more than 500 common shareholders and $10 million in assets, as set by the Securities and Exchange ...
Not if it's fender bender that you can fix yourself and the other driver agrees to cover your cost and/or his/hers. Take them straight to the bank immediately. If not, kiss it goodbye. Damages that are extensive enough for a body shop, or where there's any injuries involved, need to be reported t...
What happens if you have a baby on the way and have bad credit and have a high interest rate on your vehicle and cant afford it?
The best option would be to sell the vehicle for the equity you have (as in, the amount you have paid on it) and buy a reliable used car for cash with no payments.
I'd say yes because when you see commercials advertising leases at "$199 a month for 36 months" for well qualified customers, it means exactly that. So if you have a good payment history then yes your monthly lease payment should be low. However, be wary of the mileage clause in your lease contra...
If your trying to get insurance for the first time and you were involved in an accident with a company car under there insurance and it was not your fault do you still have to tell the insurance polic?
I had a minor at fault accident with a company vehicle. I provided my current car ins co with a letter from my old car ins co stating that they did not pay a claim on this accident. My new ins company accepted it and ignored the accident. You can do as above although it is best to tell insurance ...
In Michigan do you have to have your 21 year old insured on your auto insurance if she lives with me?
Nooooo....YOU are not required to insure anyone but yourself. However, if you are letting him/her drive your vehicle, you'd better be sure he/she is carrying insurance.
“Once you're pulled over, police can run your plates and the inquiry is done instantaneously,” Hageli says.This means even if drivers flash a phony insurance card or one from a defunct policy, officers can scan your vehicle and check the state database to see if it's actually insured.
You Are Not Required to Speak With the Other Driver's Insurance Company.Generally speaking, you shouldn't talk to the other insurance company when there is the potential for anyone involved in the accident (you, the other driver, a passenger) making a claim for serious personal injuries.
Do you have to tell the insurance you are applying to about claims that have not been reported to police?
Yes, you need to tell them about anything that could affect the granting of insurance. if you don't and they find out, they could decline your claim or cancel your insurance. It's called material non disclosure. If in doubt tell them.
if you crash you can get fined a lot of money and get into some serious trouble. you will be fined and also held liable for any damage resulting in a accident u can also lose your licence until all damages have been paid and u must show proof of insurane before u can get ur licence back it happen...
If the vehicle has a leinholder, regardless where you drive it, it has to have full coverage insurance (or able to show financial responsibility). This is due to anything can happen and the leinholder wants their property covered. Whether a tree falls on it, it slips out of gear, etc. With vehicl...
In some, you have to tell the police at all times; in others, you have no duty to tell them at all.In most states, though, you simply have to tell the officer if he or she asks you if you have a gun.Disclose that you're in possession of a firearm.Show the officer your concealed carry license when...
First you should answer some hard questions Is the car worth what you owe on it? Maybe just let it go and start over.....If you let the cars go can you deal with having only one car for a short time? Many dealers will finance bankruptcy customers and charge only higher interest rates.....Will ban...
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.
If a car is cleared in bankruptcy and the car does not start do you have to fix it before they come pick it up?
No, but most lending contracts stipulate that secured property must be kept in the same or reasonably acceptable condition as it was when the borrower took possession. Therefore it is likely the lender will have the car repaired and add the costs to be paid by the borrower. New bankruptcy laws no...
Not on the same car in most places.If they are different cars, sure.
No they do not have to and they generally do not. Young drivers are in a higher risk group which makes car insurance expensive for younger drivers.
If you have insurance and are driving somebody else's car if you have a wreck who's insurance company do you call?
You would call the insurance company of the person's car that you are driving. The insurance follows the car and not the insured.
you can switch at any time. You will have to pay anything that you owe your old company or they should refund any premium to you that was "unused"
The bext/cheapest way I know of is to drive your car onto a fairly steep incline and see if the transmission can hold the car in place. For example, drive up a hill, come to a stop, and let off the brake. the stall converter should have enough grab to at least stop the car from rolling backwards....
How can you get your title back if you have filed bankruptcy and the lien holder did not show up for the meeting of creditors?
The creditor does not waive the lien on your auto simply because they did not appear at the 341 meeting of creditors. It is your responsibility to reaffirm (new contract) or surrender the auto. There are situations that may exist where you can avoid their lien if the liened property is not proper...
Can a collection company take your car to pay a debt if they have a judgment already filed against you?
I don't think they can take your primary car or home but they can make your life a living hell. Ask a lawyer just to be on the safe side.
When you have bad credit, it is essential to shop around for a good car loan rate. It is also important to know your credit score, and what is included in your credit report. Going to your bank or credit union first is also a good idea since you already have an established financial relationship ...
If it was a professional clean shop with people with high experience then Iam sure they would tell you what needs done after checking your car out (they might charge a small fee for them checking out your car). If it was a nastygrungy shop then they would probably check it out then fix it not eve...
If you voluntarily turn in a car that's has never reported on your credit file can they file it against you once you turn it in?
I am no attorney and laws on this subject differ widely from state to state. However, from personal experience I can tell you that, in general they can and they will. Some states do not allow a company to actually PHYSICALLY repossess your vehicle, but they won't tell you that when they 'come to ...
As soon as you want to start driving the car on the road. There could be exceptions such as farm use.
If you cosigned on a car that was repossessed in bankruptcy by your ex do you still owe on the auto after six years?
If any money is owed and the primary on the account can't pay, the you as the co-signer are responsible for the debt. It doesn't matter whether you're resonsible for it or not; as a co-signer, you agreed to take care of it.
Your insurer likely requires you to report accidents soon after they happen, often within 30 days.Some insurers, for example, might give you three years to file claims for bodily injury.
Most often yes, but some insurance companies do not consider credit when issuing a rate. Ask your agent or insurance company if they do use credit scores and why.
AnswerHey there friend To check if alternator is false or not there is a simple way of doing it without getting to tear entire car and cables apart. Before you do anything loosen the negative cable but so its still connected to batter.Start the vehicle, if cant slave it off and start it, while ve...
The easiest way to tell if its a 289/302 or a 351w is to look at the front of the block.Notice the timing chain cover behind the water pump, on either the left or right side to the farthest extremity of the waterpump there is a long bolt that continues through the timing chain cover and into the ...
If you suspect your radiator is going bad, watch for the following symptoms: Leaking coolant onto the floor. The coolant flows through the radiator, so if there is a leak in the radiator, coolant will leak onto the floor underneath the vehicle. Vehicle overheats. Sludge in the radiator. Lo...
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.
The simple answer is, yes, they are allowed.The longer answer includes many rules and regulations and a lot of legal variations state-to-state, but that also ends in a yes.Like any vehicle traveling on a public road, tractors and other farm vehicles must be registered and have some form of identi...
Can a auto finance company call police authority to come reposes your car if several attempts have been made and the car was not at the location on file?
NO !!!!It is a civil matter the police will not get involved.
An easy way to identify Vortec heads is to count the number of intake manifold bolts that hold the manifold down Vortec heads will have two bolts in each corner of the engine, all of them are perpendicular to the ground with the engine sitting in the car..
You need to carry auto insurance with liability coverage on any car operating on the road. To add your son he will need to be the primary driver on one of the cars and secondary on the others. This would keep you covered if he wrecked his primary car, or any of your other cars.
Yes they can! In-car computers allow police to now use license plate info to access insurance status via law enforcement database.Through the use of “'an in-car computer,'” “police throughout the state can determine if a motor vehicle is properly insured simply by running its license plate.”
We are going to file bankruptcy we have two car loans one of which is only 5 months old It is critical that we keep two cars based on my long commute and our work schedules?
more than likely you will probably be allowed to keep 1 car because of your work, you will have to figure out something else for transportation ,declaring bankruptcy while having 2 cars with 2 loans on it will definitely be looked at, the one thing you can do is sign over 1 car into someone else'...
Yes, the loan from your finance company is a legally binding contract between you and them. You are solely responsible for the fulfillment of that loan.
If you are in a Chapter 13, then you must get approval from the trustee if you wish to incur more debt.
While there is no minimum debt amount required to file for bankruptcy, you can't have more than $1,257,850 in secured debt or $419,275 in unsecured debt if you want to file for Chapter 13 bankruptcy (these amounts, which are adjusted periodically to account for inflation, are valid as of April 20...
An insurance company would owe you what it would cost to have a mechanic/body shop repair the car. You have the option to keep the money or pay to get it repaired.If you are talking about your own insurance company then your deductible would come out of any amount paid if you have full coverage.
It is expected by many insurance companies that you report any accidents to them within seven days of the occurrence.Some may give a longer time period, but they all have a limit.In some cases failure to do this could mean the insurance company will deny the claim.
In California, can police officers know if a car has insurance by scanning/running the license plate? Aaron McBride, 10 year veteran law enforcement officer.Meaning if your vehicles tag is run by an officer and it comes back unverified you will only be required to provide digital proof.
Need to check the state law for the statute of limitations for property damage claims.
You cannot simply return it to the dealer. It does not work that way. Unless the dealer is the lien holder, he has nothing to do with the car, which you will find out very quickly if you try to just take it back. You bought the car and took out a loan which you promised to repay when you signed a...
Their hourly rate should be posted for the customers to see.
Do you have to accept recondition parts to repair your car in the state of Georgia from your insurance company?
No!! It's not the insurance that tells you how to fix your car, it is you who has the legal right to tell the insurance company. I learned this the hard way!
Receiving disability payments does not protect you from a credit card company's lawsuit -- but it may deter legal action from both the original creditor and any third-party debt collection agency that purchases your delinquent account.
Can you file a title 42 on a car you filed banruptcy on back in February how long do they have to pick it up?
Once the Bankruptcy is discharged and the assets have been sold, allowing that you still own the property the vehicle is sitting on and notify the owners that they need to collect the vehicle and that you are billing for storage.Then be able to prove that all this was done according to the rules ...
You need to call your insurance company to remove the vehicle from your policy. If you are getting a new vehicle, you need to add that vehicle on. If you are not getting a new vehicle, the insurance company will send you a check for whatever amount of money you had left on the policy that was not...
Does the cost of auto insurance depend on the car and where you live and do i have to pay more if im under 25 i live in Massachusetts im 24 and am asking about insurance for a corolla 1998?
The answer is yes to all of the above.You should shop around and compare prices AND check which insurance companies have the best reviews for customer satisfaction. You might be better off paying a little more to have a company who will work well with you than pay less and find out they aren't th...
It doesn't, it is made of glass and plastic film to it from coming apart.
Until your car loan is paid in full. Usually around 36 months, give or take.
In most states its 6 months after you get your lerner's permit. Check with your local DMV.
Is the court likely to let a collection agency get a judgment against you if there is less than a year left on a auto repossession before it has to come off your credit report?
It is a situation a matter of what you are behind on. You can lose a car and have judge,ent against you for owing a few dollars.
in Canada you need to have a valid m2 or m license to legally have a passenger
If you take a vehicle back to the dealership that was a lemon and don't make the first payment can it be filed on your credit if the dealership forgot to sign their part of the loan paperwork?
Yes, rightly or wrongly. So it is important to follow the proper procedures when dealing with financial contracts.
Insurance Claims In most cases, you will not need a police report to file a claim with your insurer unless there is extensive damage that you'd like to be compensated for, or something unusual happens, such as a crime taking place or the other driver fleeing the scene.
One in which you don't have to have Comprehensive or Collision coverage but with an ABS. Buy an old vehicle and slow down.
This will depend on your policy itself. Many companies do not give you automatic coverage for newly purchased vehicles, and if they do the coverage is for the same coverage on the vehicle you are replacing or at best the same coverage you have on other vehicles on the policy. Some companies will ...
Florida – There is no duty to inform the officer you have a firearm in your vehicle unless the officer specifically asks you.Missouri – The law does not require you to affirmatively tell the police officer that you have a concealed carry permit or a firearm with you.
Your fan relay is stuck or you have a bad tstat. Check your auto fan (summer fan switch ) on your furnace if equipped. Mostly older oil furnaces.
by correct do you mean the engine that was installed by the factory? if yes,there are several small idenification plates affixed throughout the car , mostely on major sub assyemblies ie.: transmission,engine,body,rear axel ect,ect. all the numbers will match if the part is original when manufactu...
Yes you doIf you have a learners permit, you should always be accompanied by an adult that has a valid drivers license , And yes the car most be insured.
You can file a report without living in the State. Call the police station and tell them you need to file a report.
If you get in a auto accident and your at fault but police report is never filed does insurance go up?
no, the insurance will not go up but will go down and because i am an insurance agent, i had this kind of problem and i had to pay less
No, because there is not an insurable interest on your part. You can pay for it. But the titleholder of the vehicle is the policy holder.
No, however, they usually will offer a "buyback" price, if you want to buy it back. Once they total, and pay for it, it is their property. This is assuming this is a full coverage issue, where they would have to fix the car. If it is a liability only issue, in other words, they have to pay for da...
This may depend on the laws in your state or country. But in the United States, if you do a background check on a used car (such as AutoCheck), the report will state "FLEET" if the car has previously been part of a rental fleet or a corporate vehicle fleet.
Depends if your a gurl or a guy. guy: u shud 4give her... all gurls have mood swings gurl: just ignore her. she'll eventually come baq 2 u! Well it depends if it's a gurl or a guy.... but N-E wayz u should forgive in forget because their going to come back to you!!!!!!!!!1111
I think as long as you can see the vehicle in front of you, you should not have your highbeams on
Nope, once you sign, the car is yours. You can still pay the loan for the car without insurance.
You need to make those arrangements with whomever "financed" the car for you. If you got dealer financing, then yes ... if not, then dropping it off at the dealer will do you no good and is considered "vehicle abandonment".There is a good chance that whatever monies you have paid will NOT be retu...
If after ten years the repossed car is still on your credit report do you have to pay the loan back?
i repo in six states and as far as i know it will stay on your credit report until you settle your debt to the lien holder
As many as you want, there is no limit.
No, you do not have to pay for insurance on the vehicle once it has been totaled because it is not driveable.If a vehicle is totaled and the insurance company provides a check paying for it, the vehicle receives a new type of license in most states.
Only if you want to lose your hand.
What can I do if both me and the insurance company can't get into contact with the person at fault of the auto accident.?
Hopefully the Police can provide the info, if not hopefully your insurance company can.You may end up filing a lawsuit, with all the expense, to force the government to release the contact info.
Depends on state law. You may want to tell your boss and /or your insurance agent.
Usually there will be a very loud rhytmic knocking sound coming from the block (entire engine) and sometimes through the exhaust in time with the rise of one piston. The engine will have an uneaven speed when cranking, but may or may not make noise until running. You will have a noticable loss of...
A good way to tell is change your oil. When a head gasket blows you will have water in your oil or oil in your water system. Check these 2 areas for water and oil.