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If someone has to have a car voluntarily repossessed would the car payment be the same or can it be reduced?
Wiki User
∙ 8y ago
That needs to be discussed with the LENDER before you let it get repoed. Better yet, discuss while you are current on the payments. If you're in a temp shortage, they might work with you on getting around it. If its NOT temp, they will likely want all the money due at one time. TALK to the LENDER about it. Good Luck
Wiki User
∙ 8y ago
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What stipendiary mean?
Stipendiary means working for a salary. When someone is working, for him to receive a payment. It means not working voluntarily.
How do cars get voluntarily repossessed if they are not still in the same state they were purchased in?
The person who has the car calls the lender and tells them where to pick it up. the lender might say"just drop it off at XYZ dealership"....or they might send someone to your home to get it.
Is kissing someone else for a dare cheating?
A dare is something that you do voluntarily. So, by voluntarily kissing someone else, you have cheated.
Can a transfer of responsibility be made after car is repossessed?
No. Your car gets repossessed, it's on you. You don't get to pass that on to someone else.
Can someone other than the beneficiary forge a signature to receive payment from the insurance company?
No, that person would be charged with both fraud and forgery and be sent to jail. The only legal way someone other that the beneficiary can sign for a payment is if the benificiary is declared incompetant and a court assigns the signing authority to that person or the beneficiary voluntarily signs legal documentation giving someone else that right
You owe money on a repossessed car but the car was refinanced to someone else do you still owe?
I believe you would owe the difference. If you owed 10,000 on the vehicle and it was repossessed and someone else bought it for 8,000 you would owe 2,000.
How does someone voluntarily give up rights to a child?
You have to find someone to transfer the rights to, ie, someone who will adopt the child and then be responsible for him/her.
What is the difference between a mortgage and monthly rent?
Monthly rent is payment for using someone else's property.A mortgage payment is payment for a loan you obtained to purchase real property that you own.Monthly rent is payment for using someone else's property.A mortgage payment is payment for a loan you obtained to purchase real property that you own.Monthly rent is payment for using someone else's property.A mortgage payment is payment for a loan you obtained to purchase real property that you own.Monthly rent is payment for using someone else's property.A mortgage payment is payment for a loan you obtained to purchase real property that you own.
Can a car be repossessed one day after a payment was made?
Sure it can, if that payment was not enough to fufill your end of the contract. A car wont be repossessed if it is only a month behind. If you are five months behind, and make one payment, you are still behind... even the next day, when you are only four months behind. One payment may not catch you up. When you purchased the car, the deal was, likely, that you get to drive the sellers car, (seller still owns it till the final payment is made), and the seller gets money from you at stated time intervals, likely once per month. If you broke your end of the deal, you no longer have a right to drive the car owned by someone else. Make those payments on time, then you need never worry about the repo man.
How do you use the sentence he had?
He had seven cars, but the bank repossessed five of them. He had a cookie, but someone ate it.
How do you find out if someone elses vehicle has been repossessed?
"YOU" dont, the debtor does. call the lender.
Can a person who holds title to a vehicle have it repossessed from someone driving it as a loaner?
Report it stolen.
