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 get it'. Generally, they will list it on your credit file as 'charged off', meaning you didn't pay the balance, they couldn't get you to pay the balance, and they took a loss. They can claim this on their multi-million dollar tax write-off and then turn around and sell it for another profit. This is why I haven't set foot in a Sears store since 1981. Check your state laws carefully and then decide (a) if you want to voluntarily release it, (b) if you want to get an attorney (c) if you want to sell it yourself. The one with the most gold makes the rules unfortunately, and no one ever said life was fair. Good luck.
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.
rport it stolen?? Who will take the report?? Barney Fife??? NO, cause its NOT stolen. The 'stolen" line is a sure sign of a LAZY repoman. Or an uneducated repoman who believes everything they hear. How can you "steal" your own car?The lender CANNOT report the vehicle stolen. You, as the registere...
Yes, Most states today dont even send out police or law enforcment unless there are injuries. The most common thing done today is swapping insurance info. if someone else is involved.
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?
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...
Most states require you to transfer the title into your name within a specific time period.But even if you miss the time period, you are still required to put the title in your name.Sellers who do not transfer the title into their name before selling a vehicle technically are not the legal owner ...
Yes, because reguardless of what the company did after they took back the car, the fact still remains that it was repossesed.
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
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.
Can you report your car stolen by an auto mechanic you took it to never fixed it and has not returned it?
The first thing you should do is try to contact the mechanic to find out why your car hasn't been returned, and why it isn't fixed yet. If you cannot get a hold of him (such as he moved unexpectedly or changed phone numbers), or you have some other valid reason to believe that he stole your can, ...
Yes, you can. Before reporting it stolen I suggest you record (with her permission and knowledge of recording) that you want car otherwise it will be reported stolen. If she refuses to give you the car then you can report it stolen. I would check with local police or county police as some will no...
Could have a large vacuum leak. Give us more info about the car like the year, make, model and engine.
Of course, at whatever the value of the proerty is...although they frequently have contracted with someone to handle selling all of the vehicles that they have to repossess, so they may refer you to them. And, frequently, the property has been sold very quickly (brought to auction) after they gai...
No. Only a bank, court or dealership, is allowed to repossess the vehicle. In which if the car is yours and you have the title and proper documents proving that the vehicle you bought is yours. And if that "someone else" is not a spouse, Than no they are not allowed to take your car as it would b...
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
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 ...
Until they find it. If it is charged off on your credit report then the creditor sold the note to a collection agency who will hire a repo-man to track down the car so they can recover it and sell it to make the money back that they paid to creditor for it.
If a repo has been placed on your car but you pay for the car before they pick it up can they still pick it up?
Contact the lender they are the ones who call off the repo.
techincally if its not in your name, you never owned it and absolutly not because nobody will want it without a title
You are still obligated to make your first payment even if your payment booklet has not arrived. Your paperwork should have included a form which stated the contact information for your lending institution in the event this scenario presented itself.Buy a car, read the paperwork, understand the p...
Very well could be the ignition module but before replacing it check to see if you are getting spark to your plugs if so then that is not the problem . please include year make and model and motor to help answer these type of questions
File a dispute with the credit reporting agencies. The car lot will have to prove that you still owe money or the credit reporting agency will change it.
You can only keep the vehicle under two circumstances: (1) sign a reaffirmation agreement and keep making payments; or (2) redeem the vehicle by paying of the balalnce. If you fail to do either, they lender can get permission from the bankruptcy court to repossess the vehicle. In some states, suc...
Ask him.In Alberta Canada a registries office can look it up for a small fee.In other jurisdictions the procedure is similar.
Your credit does not go up when you are approved for a car loan. Your credit goes up when you make the payments on time. Get a years worth of on-time payments undr your belt, and your credit will go up.
There are no requirements.If you believe your car has been stolen, call the police.If you lent a vehicle to a person its not stolen … except maybe if they exceed the time you lent it to them.If so you notify them ask for it back and if they do not return it report it stolen.
Your question makes no sense. There is no lien on you but only on your vehicle. You do not file a lien release unless you have a "release of lien" issued by the financial institution which you borrowed money from against that vehicle. If there is a second lien "mechanics lien, tax lien, etc." tha...
yes i can be towed if your sitting in it they have dun that to me
Unfortunately, the answer is: more than likely.That is, if the vehicle you own is free and clear of prior encumbrances, for example - it is entirely paid off and you hold the title to the vehicle free and clear.If you are in a situation where a lender can place a lien on your bank accounts, garni...
If they are wanted and/or threatening you, yeah, I suppose so. Did that happen to you? Or are you the thief?
You must take action to prevent the initial garnishment or address it if it has already started by claiming an exemption with the court.The creditor will continue to garnish your wages until you pay the debt in full or take some measure to stop the garnishment, such as by filing for bankruptcy (s...
No, they cannot. But if you borrowed money to buy the car, they can repossess it if you do not square things up. If they take it, they can sell it for you, and you will still owe the difference between what it sold for and what you had left to pay on it.
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.
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
OVER 9000 points gets added to your credit, but it makes your cards inert
if they are the ones that hit your car then yes, they or their insurance are the ones who have to pay.
Finding a Hidden GPS Tracker on Your Car Perform an exterior inspection: Use a flashlight and mirror to check areas like the wheel wells and under the vehicle. Perform an interior inspection: Check the data port first. Sweep the vehicle with a bug detector: Know when to seek professional h...
If a mechanic has a mechanics lien on your car will this prevent the finance company from repossessing your car or prevent you from voluntarily having car repossessed?
No, what will happen is this: the finance company will pay off the mechanics lien (usually) and tack that on your loan balance, it would be considered a repo fee.
Can you be prosecuted if you don't turn in your car when it's up for reposession A PI has been calling my mom telling her that he's turning it over to the prosecutors office is this possible?
This is America and people sue over everything, unfortunately. Why not just turn in the car. YOu signed an agreement and reneged on that agreement so be a big person and turn it in. Then you dont have to look over your shoulder everyday. Yes, they can, turn it over to the prosecutors office, then...
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...
If the car is in her name and the husband took it without permission yes, you can report it but do you want the husband to have a record with the police, unless the couple lives apart and he is being annoying!Added: Once law enforcement learns that this is a lawfully married (or even common-law) ...
No. They can only repossess the power unit they were sent to repossess - they cannot take the trailer. At that point, it's theft. Especially if it's loaded.
Anyone can file a law suit but it depends on the judge and the jury whether or not you get convicted
No. Once they have it the only way to get it back is to either pay it off or catch up to the lienholder's satisfaction. Chapter 7, after the repo, will prevent them from collecting the balance.
You live in pa what if they said there was a feature in your car that you just realized wasnt can you return it?
NO. You cannot return a car in any state.
If your car's repossessed and they take it to an auction do you have to pay anything and how long will it be on your credit?
You dont HAVE to pay anything. You may not get credit in the future because you dont pay. It will be on your CR usually for 7 years. Depending on where you live, if the lender gets a judgement, they could garnishee your wages.
A lien lasts as long as a car has an outstanding balance on it, so if you purchase a car with a lien on it, you must pay it out in full.After the balance is paid off, you have to contact the lien holder, who will then clear the title.Furthermore, the car cannot be bought unless the lien holder ge...
Of course. They hold the title and can have it put into their name and repo the car to sell it to get the money back that they loaned you.
If you drive a manual car your shifting isn't correct
depends if some one else was driving the car. if no one was in it, then yes
Can a repair shopin Wisconsin sell a vehicle if im still making payments on it and it still has a lien on it.the repair shop chareged me for storage that i could not afford and turns out they sold it?
Yes, after a certain amount of time they can post it for sale and then if it doesnt sell they can go about getting a title then really sell it.
The institution that has a lien on the vehicle.
Yes. lenders have the right to collect there money. The only way you can get around this is to file for bankrupcie.
How do you file a lien against an automobile left on your property that you had put work into without getting paid?
Talk to someone at your local court house about a mechanics lien
You will lose your power steering and tho you still have brakes your ABS may not function
If you are talking about engine oil (which is the oil changed when you get an "oil change"), the answer is no. The oil will pick up contaminates, and the additives in it will break down. As this happens, the oil's ability to provide protection and lubrication to the engine will decrease. If not c...
Yes you can. It's up you if you'll gonna sell it to someone else and after it was successfully sold your car, you should return the money to the other buyer of your car who has a lean on your car.
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...
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 to Sell a Car That You Owe Money On Pay off the remaining debt – possibly with the sales proceeds from your buyer, and any extra funds that you bring to the table (if your car loan is upside-down).Transfer title to the buyer in a way that is safe – and feels comfortable – for both you and...
If the cause of the dead battery is from the charging system failure, yes.
If you lent out your car to a friend and he never came back on the time he said he would or doesnt come back at all. can you report it stolen?
Yes, and you have the advantage of knowing who stole your car and where he lives. The law enforcement officers would be very pleased to receive your report of this particular crime.
According to Experian, auto repossessions stay on your credit report for seven years after the original delinquency date.It can negatively impact your credit for the duration of the seven years but that impact lessens over time.
ask a cop to run the license plate on their computer If it is still in your possession, it has not been stolen and anyone who files a police report saying it has been is commiting a crime. However, if it has already been repossessed and disappears from the storage lot, it HAS been stolen and the ...
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,...
How Do Car Repossessions Work? In most states, car lenders can seize your vehicle without prior notice if you are in default.However, they cannot breach the peace while they do it.But it can also simply involve repossessing the car from your closed garage.
According to the Credit Reporting Resource Guide, your creditor can't report any late car payments until it hits 30 days past due.If they do, it's breaking the law.You could think of the late fee as a “grace period” before it begins to hurt your credit score.
Is it legal for an investigator to call you and tell you that you have 24 hours to turn your car in or they will file charges with the police department for stolen property?
No its is not legal.The "investigator" can call the police all he wants the police DON"T CARE!!!There are no charges to be filed!!!!This is civil matter between you and the lender the police will not get involved.Record this repo-moron phone calls if possible and file a complaint about the lender...
No because you are going to make a payment for that car already!
100% business use you can depreciate it over a period of time deduct fuel parts repairs insurance license if business and personal you get a per mile credit you must keep a detailed log of all busness miles
It will say if it was tested on the box and if it wasn't safe, they wouldn't sell it so it is safe!
^^previous poster^^ my car has been reposessed in the state of Washington, and the finance company has told me that in the state of Washington the payoff balance must be paid in full my (me) or another financial institution.i have tried through my personal bank, a couple credit unions, and many o...
Hey you own a 99 eclipse spyder and your dad disconnected something in your car so it doesnt start the engine gives in but it never turns on all the way can anyone help please?
Perhaps you could solve the problem between you and your dad and he'll take care of it for you.
i dont think soUnless they still have the keys and someone actually stole itand if theyre liying they can still report it because they would still have it in theire name [registered] and can encouter problems with you............
If someone has a keyless car, it can still be broken into.
It depends on your state laws what it is called.Usually not called 'auto theft" but isn't that what it amounts to?Here is a NC law I had open at the time.§ 14-115. Secreting property to hinder enforcement of lien or security interest. Any person who, with intent to prevent or hinder the enforceme...
A friend borrows your uninsured car with permission and causes accident Can a claim be filed against his insurance?
I doubt it since his insurance is only for his car and not yours.
Your battery is always weak once you switch on your headlamp if turn off the engine the car will not start again until you use another stronger battery?
By your description it seems like you have a faulty alternator.
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.
Problems with cars bought from dealers If you buy a new or used car from a dealer and experience problems with it, you have some statutory rights under the Consumer Rights Act 2015.You have a right to reject something faulty and you are entitled to a full refund within 30 days of purchase in mos...
Yes you can. You paid for it and never legally rode it, therefore you never registered it. Now you want to sell it and can, as long as you have the clear title.
There are a number of finance options for car loans for persons with bad credit in the UK. Generally speaking, the loans will need to be unsecured as unsecured loans will usually have variable (and much higher) interest charged. UK Credit is one of the higher ranked providers to offer such an opt...
If you buy a new or used car from a dealer and experience problems with it, you have some statutory rights under the Consumer Rights Act 2015.After 30 days you lose the short-term right to reject the goods.You'll also have fewer rights, such as only being able to ask for a repair or replacement, ...
If one has a judgment against them in one state that causes their driving license to be suspended can a license be obtained in another state?
NoNope! The suspended license judgment information is entered into a national database that all states use when checking the applications.
you could get sued by the holder of the lien
Yes when a leasing company regains control of an asset it is still considered a Repossession repossession is much easier in a lease agreement than it is in a finance agreement due to the fact that the asset is owned by the leasing company, in a finance agreement you control ownership and the bank...
If you have a car that's too expensive for you to pay for can you turn it in for a cheaper car without paying any penalties?
NO, there will be a penalty in some form all the time for bad decisions. It could be higher interest rates, bigger down payments, ect., but there will be a penalty.
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.
If you did not comply with the terms of the contract, they can repo the car. If you DID comply with the terms of the contract they are in violation of the law if they try to repo the car. It all depends on the terms that you originally signed. If it was a DUI wreck or anything else that willfully...
No.Another View: The police may retain any items found in the car pending proof that they actually are your property.REMEMBER: The car was reported stolen... and then it was recovered and impounded. The perpetrators MAY have used the vehicle during a crime spree and stashed their stolen goods in ...
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.
How can you find out if the bank still owns your car if you never registered the car in your current state?
If you possess the title, then you own it. If you've been making the payments, you should know whether or not you've defaulted on them. If you haven't finished making the payments, the financier owns that vehicle.
Yes.If you've already repaid more than 50 per cent of your Personal Contract Purchase (PCP) or Hire Purchase (HP) finance you can return your car through what's called a Voluntary Termination agreement.There are, however, a few other ways to end your finance early…
Car is not in your name you had your ex-fiance put it in his name you make payments your name is on file as the payer they don't have your info They have a prev address for you can they find the car?
Yes, you have a tag on the vehicle. If you owe money on the vehicle and don't pay, they contract out to a repo man that will find the car.
Why is it more difficult to push a stalled car from rest that to keep it in motion once it has started to run?
It's based on Newton's first law of Motion: a body at rest will stay at rest, until acted upon by an outside force. A vehicle that is stopped is harder to move, because you have to overcome its inclination to remain stationary. Once the vehicle has begun to move, you add your influence to the veh...
If filing Chapter 7 including a car that will not be reaffirmed should you contact the lender for a voluntary repo or wait until they contact you?
It would be simpler for all parties if you contact them and voluntarily surrendered the car at the lender's discretion. Although you do not legally have to reliquish any property until the BK is discharged.How much time do you want to buy? The court will tell you what to do if you don't contact t...
All car titles must be signed by the owners listed on the title in order to be registered with the state.If the co-owners names are joined with “and” then both parties must be present to sell the car.Titles using “or” between the co-owners' names either party can sell the car without the other pa...
Possibly. It depends on what is written in the loan agreement you signed. Read it. They are not likely to repossess the car if you miss one payment. Miss two and they will be looking for it. How about calling the lender and talking about this face to face? Do not allow your car to be repossesed. ...
it depends on the vehicles year make and model. if it is a 2002 Toyota camary then yes but if it a 2009 ford fusion then that is a lot of miles in a short period of time, which means the car may have been driven hard and not properly maintainedyes that is true. Although the car could be from the ...