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Can you keep your vehicle if you bring the payments up to date?

Anonymous

∙ 15y ago

Updated: 4/28/2022

Of course, finance companies are not in the used car business, they are in the collect payments business... give them what they want and you get what you want.

Wiki User

∙ 15y ago

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Related Questions

Should I keep making payments in a VW diesel car?

If you keep on missing payments on your auto loan, there is a high chance that the vehicle may be repossessed by the bank.

Can you keep a car of the decease if you keep up the payments?

Technically, no you cannot. The loan was to the deceased, not to you. You also have to change the title of the vehicle.

Can a cosigner repossess a car if the primary borrower stops making payments?

No. Only the lender can "repossess" a vehicle. You need to keep making the payments to protect your own credit. It is likely you would need to bring a court action, prove you are making the payments and petition the court to order a transfer of title.

Can a disabled person's vehicle be repossessed in Florida?

A disabled person's vehicle can be repossessed just as any other person's vehicle can be repossessed. You must make all payments on your vehicle if you want to keep it.

Can you keep a vehicle after filing chapter 7 if they have not repossessed 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, such as Missouri, you may keep the vehicle if you continue to pay on it.

Who owns the vehicle the bank or the person?

In a loan where the vehicle is the collateral, it is registered, but if you do not keep up with your payments, the bank stakes their claim and reposseses it, so in a way, the bank owns it, and it is a rent-to-own vehicle.

you keep returning my payments..then charging me late fees?

If the payment is received after the due date, late fees can be charged.

Can a repair shop keep a vehicle as collateral for repairs if the owner is still making payments on the vehicle to a used car dealer?

YES! Pay your repair bill and the problem goes away.

Can a repair shop keep possession of a vehicle after all payments have been made?

Yes..If they paid you for the vehicle it now belongs to them..Other than that if you're paid up then the car belongs to you.

Is my car insurance up to date?

To determine if your car insurance is up to date, check the expiration date on your insurance policy and make sure you have made all necessary payments to keep it current.

What is the purpose of patient ledger cards and encounter forms?

This helps to keep patient payments up to date. The ledger shows the date the patient was billed and how much they paid.

Can you repossess a vehicle from your son if his name is on the loan and registration He has only made four payments in two years and you continue to make the payments to keep your credit in line?

It will depend on a number of things you did not mention 1) the state 2) the type of loan ( is the vechile used as the collateral on the credit line) If you are uo to date contact the bank. Let them know what is going on and they may ( again, depending on the state) pick up the vehicle for you, at a nominal charge.

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