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Well to put it simply..... YES
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∙ 13y ago
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Your car was seized on a judgment now your lender wants to repossess it from the sheriff and give it back to me can that happen?
No.
What can you do with a lender when you can't pay for the car anymore?
You can contact them and sometimes you can work out a deal with them. If not, you can allow them to repossess the car. Contact the lender and they will tell you where to take the car.
In Missouri how can you repossess your truck if your parents have it stored and refuse to give it back and there's no title or proof of ownership?
The lender files a WRIT of REPLEVIN and the sheriff goes out and gets the car. IF the lender has a lien on the truck,ect. All that legal stuff. LOL
Can a car dealership repo your car if you already have a lender for the vehicle?
The DEALERSHIP won't repossess the car, but the lender might if you don't make the monthly payments as scheduled.
Do you have to disclose where the car is located to the finance company in order to allow them to repossess your car?
No, you don't have to tell them. Try to make up the payments though. If the lender gets a court order, a "writ of replevin," then you have to tell the sheriff's officer where the car is when he comes to the door.
If you are threatened with a repossession can you pay the balance before they repossess the car?
IF the lender accepts it you can.
Can a lender repossess a car if you do not pay down payment?
Yes, you made a financial pbligation by signing the documents for the sale of this car. So, they can legally repossess that vehicle.
What will happen to you if your car is 6 months behind in payments and you still have possession of the car?
The lender will eventually repossess the car.
Can a lender still repossess your car after a lawyer told you to tell them that you were claiming bankruptcy?
The lender has to get the STAY lifted before they can repo.
Does the lender have to send you a letter to notify you that his repossess your car in G.A.?
yes because they have to notify the owner
Can they repossess your car the day after they receive a partial payment?
As long as you are in DEFAULT of the contract, the lender can repo the collateral.
Can auto repossession be negotiated?
The company repossessing the car has no authority to negotiate terms with you. They are simply there to repossess the car. You must negotiate with your lender. Hopefully, you will do this before the the repossession order is submitted by the lender.
