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Can a lienholder put a repo on your credit if the car has been totaled and instead of filing a claim you wish to keep the car and keep paying on it?
YES, IF you were in default and they repoed it. NO ins. coverage IS default. Do you HAVE the car NOW?
If insurance declares a car totaled can you cancel the claim and keep the car?
You can accept the claim and then buy back the car. This way you get money for the claim and you get to keep your car. The price for the car will be way lower at the totaled price than what you will receive in the claim.
Why is the bank reporting a car as a repossession when it was stolen and totaled and you are still paying for it?
Because the lender repossessed the car from where ever it was after being totaled.IF you had gotten the car back after it was totaled, it couldn't have been a repossession.
Are used car dealers required to inform buyers if car has been wrecked?
No, only if it has been totaled and has a rebuilt title.
How might one dispose of a totaled car?
A vehicle that has been totaled can be sold for scrap and parts through junk yards or scrap metal yards. Also there are several businesses that will pay a small amount of money to take the scrap from a totaled car.
My medicaid paid for wheelchair was totaled when a car hit me. They are sending me 23000 do i keep the cash?
Am I allowed to keep money from insurance company
Will you owe taxes on a totaled car?
Not if you notify you local PVA that the car is totaled and not longer in service. You will pay taxes up to the day it was totaled.
Can you insure a car that has been totaled?
Not while still "totaled". Since everything is tracked by the VIN# you won't be able to insure a totaled vehicle until such time that it's made roadworthy and has a reconstructed title.
After settling with the insurance company for a totaled car do you keep the car or does the insurance compnay?
Legally, if the company pays you for the totaled vehicle, it belongs to them. You can offer (if they don't) to by the scraps back. This would be deducted from your settlement and you would be paid the difference.
Who keeps the car if it is totaled you or the insurance company?
You can keep the car if you like, although I'm not sure why you'd want to keep a wrecked car. If you decide to release it to the company, they'll eventually send it to the junkyard.
Can a towing company put a lien on a car that's been totaled and paid off?
yes they can. if your vehicle was towed by them and you dont pay the bill they have the right to keep it in lue of the money you owe them.
What do you do with a totaled car?
If you actually, "own the car still" and the insurance didn't keep it, sell it for parts in your local trading post, sell it to a junkyard or buy another one and keep it for parts.
