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Yes, they can!

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โˆ™ 2008-02-07 20:17:17
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Q: You are late 10 days on your loan against your car and the financial institute is harassing you that they are going to repossessed the car can they do that being only 10 days late?
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What insurance policy protects you against financial loss when your car damages the property of others?

Liability


My car was repossessed over a yr ago Can legal action still be taken against you?

So here is an example of what can happen when a creditor repossess an item. "If an item such as a car or furniture is repossessed, the creditor can then sell it. The money from selling the item is applied toward the money you owe. The creditor can still try to get any money you owe after the sale of the item. The terms of your contract might even add charges for the costs of repossession and sale."


What can you do if someone sells you a car with a lien?

A lien against who... you or them? If the lien is against them, you're not in a good situation, even if you've paid the car in full. If they fail to make the remaining payments, and the vehicle goes up for repossession, then it's getting repossessed, and you'll have a lengthy and difficult legal battle ahead of you. Answer It is a little complicated. Basically, you need a clear title for your money. The seller needs to provide a title with a paid lien. This may involve your insisting on meeting the seller at his lender to pay off the lien and getting a receipt so you can put it into your name. That is because the seller may be upside down on what is owed and so will need to bring additional money to the table.


Slowing down or rolling through a STOP sign is?

against the law


How long after a missed car payment does the finance company repossess the vehicle?

The question is, "Why would you worry about a missed payment when you have interest in the vehicle?" The money that you used as your down payment and any payments you have made total your interest in the vehicle. Why are people running from the repo man when in fact you can place the finance company on notice that, if your interest is repossessed, you will file criminal charges in federal court against the finance company and get triple what the car is worth. I guarantee you they won't take it. You can also put a mechanics lien on the vehicle to protect your interest in it.

Related questions

Can you file a lawsuit against the school if teachers are harassing my child?

It depends on the details and what you mean by harassing.


How can I get my ex to stop harassing me?

get a restraning order against them


Can my car be repossessed if I own it?

If there are no liens against your vehicle, there is nobody who has (or to have) ground to repossess it.


If a stalker is harassing you by coming to your front door can a court injunction be issued against that person?

get a restraining order


How can you get a restraining order against someone who is harassing you by airplane?

Appear before a Justice of the Peace and file a information.


Are there laws against sending harassing letters in the mail?

In the US, yes. It is a violation of the US Postal Regulations


In Islam are the parents allowed to froce the child?

no ofcourse they arent.islam is against childlabor and harassing children and women.


What is Georgia law against hiding car from being repossessed?

The only way to hide a car in Georgia if facing being repossessed is by filing chapter 13. If you have filed for chapter 13 it is legally ok to hide your car from being repossessed.


Can your vehicle be repossessed after the loan and security agreement has expired but you still owe a considerable sum?

Loan and security will always be active against the vehicle. It never goes away until paid or repossessed. Yes, the collateral may be repossessed at any time.


How do you get an injunction against someone harassing you?

prove to the court that you are likely to have success on the merits (substantial chance of prevailing in the case)


How do you report an illegal person who is harassing you?

A person cannot be illegal. If someone is committing a crime against you, call the police.


Is it against the law in Florida to refuse to return a repossessed car?

CIVIL law YES, criminal no.

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