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Can the car lender reposses the car because of bankruptcy 7?
A creditor cannot reposses a car without BK court approval (i.e. relief from the automatyic stay). However, if you do not keep paying the car loan, a BK will allow a creditor to reposses the car.
Can they reposses your second car for the first defaulted car?
no
How do you reposses a car if you do not know where it is?
You search for it.
After 15 days can a company reposses your car?
can a finance company reposses your vehicle if you made your payment on the15 day
How do you reposses a car belonging to you?
Put key in, start car & drive away.
Can they come onto private property to reposses a car in minnesota?
Yes.
If they reposses one of your cars can they take the other?
you can only reposses a car that has out standing payments. unless you are involved in crime and have profited through illegal activities then both cars can be repossesed.however if you have only defaulted payments on one car then your other car is safe.
What can you do after your car gets reposses?
It depends on what you want to do...If you want to get your car back, contact your lender and see what they want...
Can they reposses the car 24 hours a day?
Yes. There is not much point in repossessing a car for only a part of the day!
If you are a cosigner on a car loan and the bank reposses how long is your credit affected?
Seven years.
Can they come to your work place to reposses your car and if the car is not with you?
If you don't make your payments, the lien holder has right to take the car any time.
If you let them reposses your car how will that affect you?
Your feet will become sore eventually from all the walking you will be doing.
