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My car was stolen by an ex, Did you REPORT it stolen?

who phoned an insurance agent about cancelling policy on the stolen car WHOs name was the policy in?? I cant cancel YOUR ins. but I can mine.So, this whole mess was supposed to be in litigation with the insurance co included. that's one issue in itselfI have been charged with a reposession due to default. I refused to pay a car payment each month for something that was not tangible. ***THIS is another issue between YOU and the LENDER.The insurance agent illegally uninsured my car and refused to estimate it. YES if you didnt pat the payments, you were in DEFAULT of the loan. So, undoubtedly YOU had the loan, who had the ins.?? That problem should help settle the repo problemAm I liable for this repossesion?

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Q: Can the bank repossess a car without physically having the car?
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Related questions

Is it legal for a dealership to repossess a vehicle that was not financed only a bank error without letting you correct the problem?

YES


If you have two car loans at one bank can the bank repossess both even?

Yes they can repossess everything that you got a loan for.


When a bank repossess someones car?

As long as the bank is listed as the lienholder on the title and as long as you owe them money and haven't paid they can repossess the car.


Can a bank repossess a car who's registration is past due?

no


Can a bank repossess my car if I am making some sort of payment?

If you aren't paying in full they can repossess the car. To a bank " some sort of a payment " doesn't count. Call them and make arrangements.


When can a bank repossess someones car?

When the owner defaults on the loan payments


I sign a contract with the dealer but the bank backed out of the financing after driving the car off the lot. Can I keep it.?

Literally speaking, you can physically keep it until they repossess it and incur any fines/penalties/bad credit marks.


Can you take money out at the bank without having your card present?

In general, if you are trying to get money from a credit card, no, you will not be able to do so at your bank without having the card present.


Can a private party repossess a car without a written contract?

People known as Edc's may repo a car if they are in possession of an original court order from the bank


What is e-payment system?

E-payment - is the electronic transfer of money from a person's bank account to pay a bill - without having to physically go into the bank or payees business. Common e-payments are:- mobile phone bills, utility bills and catalogue payments.


How much has to be owed for a bank to repossess a car?

it is up to the bank to decide. Legally, as little as 1 cent.


Can the bank repossess your home when child is in full time education?

yup