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Do you have a right to pay off your loan in full when car is repoed?
Wiki User
∙ 11y ago
Up to the lienholder but once you default they are entitled to the security and there are expenses involved as well to resell depending on who, amount, value of car and how far along they are in that process will decide it for them. Obviously they will cut their losses as much as they can.
Wiki User
∙ 11y ago
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Car was charged off and repoed will you still have to pay the loan?
Yes.
If your car was repossessed and you paid the loan off do you get the title?
If your car was paid off, then why was it repoed? Or if you mean you paid it off after it was repoed, then if the loan company accepted your money,then they have to give you the car and title back. I would call them and get it back or your money back.
Can you be sued for a car that has been repoed?
If your car was repossessed, they will sue you for the difference in what the car sells for and the balance on the loan, plus repossession fees.
If you cosigned on a car loan and the car got repoed can you get the car back if you pay the loan off?
Yes, You are still considered a signer of the note. You will have to pay repo costs and any other charges that may have occurred, but you have every right to get vehicle back. talk to your bank where the loan was processed and they should help.
When your car is repoed and you pay the loan off how long do they have to give the car back?
they usually do not give it back. once they take it, it is theirs.
If car is repoed why are you required to pay the total interest on a loan?
Maybe you could call an attorney for state specific advice.
What is the number of days car can be repoed?
If a loan is one day late they can repossess the vehicle, but most lenders would never do that
Can a judgment for auto deficency loan be assessed on my joint saving accounts or my home if the car was repoed from the owner with me as her co-signer.?
Absolutely.
If your car is repoed do you have to still pay on it for any reason?
Yes. You signed a contract for a loan amount. That is the principle. The car only secured the loan. The loan is the only real value to the lender. They do not want the car. They only take the car to resell it to apply that payment to the loan. Any outstanding balance plus accured fees are yours to pay.
Can your car be repoed if you have full coverage and you licance is revoked?
You car can usually only be repossessed if you fail to make the payments to your finance company.
If you recently purchased a car and got fired a couple days later can your car be repossessed?
Your vcar can be repoed anytime your loan is in DEFAULT. Regardless of the cause for being in default.
Can your car be repo'ed if you have the title?
IF your vehicle is collateral for loan in DEFAULT, it CAN be repoed.
