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There are a number of VIN #'s (vehicle identification numbers) on a given vehicle that will identify it. It is my understanding that tampering with these is illegal. As well, your VIN will be checked by any licensing agency as well as when the vehicle is eventually sold or pulled over for any reason. You would be wise not to tamper with these and try to maybe renegotiate your debt if possible.
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On average what is the quality of most repossessed vehicles?
The owner of a vehicle that has been repossessed, cannot afford to make their payments, so it makes sense that they cannot afford to perform the required scheduled maintenance on the vehicle. This is not always the case but IMO, I would never buy a repossessed vehicle, unless it had extremely low mileage of say less than 20,000 miles.
What happens when you cannot locate a vehicle that is to be repossessed?
If there is evidence of fraud, the person hiding the vehicle can be prosecuted and possibly even put in prison.
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.
What happens when lease cannot be paid back?
The vehicle will be repossessed and the leasor will be held responsible for the unpaid balance of the lease.
If you live in the state of Georgia and there is a lien against your vehicle but no money is owed can they repossess the vehicle?
A lien means that money is owed on your vehicle. If there is no more money owed, then there is no longer a lien, and the vehicle cannot be repossessed.
Can your car be repossessed from your garage on private property in CA?
A car that is actually YOURS cannot be repossessed, as it's paid off. If you have a vehicle being repossessed, they're able to do this because it's actually the finance company which owns that vehicle and possesses their title. A recovery agent can, on behalf of the lienholder, go onto private property in order to recover the lienholder's property - with limitations. They cannot cross a locked gate, and they cannot enter a locked building.
Can your driver's license be suspended for not paying the balance of a loan after the vehicle was repossessed?
No. Absolutely not. Your driver's license cannot be suspended for not paying a loan or the balance of a loan, repossessed or not even if you get threats from the loan company.
Can your vehicle be repossessed if you are awaiting to be paid by the federal government?
It depends on you locatily, but in general, yes, if you are behind on your payment, your vehicle can be repossessed.
Will a dealer allow you to use a car that should have been repossessed but was never picked up as a trade-in?
If you cannot produce a "clean title", you cannot sell or trade the vehicle.
Can a vehicle be repossessed from a locked garage in Texas?
The car can only be repossessed from a locked garage if the car is spotted in the garage from a window or a crack, but the repo company cannot enter the garage if the car was not visibly spotted.
Your jeep is in repossision but your ex wife has the jeep and the can not find it can you be arrested it is in your name?
I'm assuming you are saying the Lien Holder cannot locate the vehicle? In many states the vehicle is not repossessed until the Lien Holder or their agent is in possession of the vehicle. Therefore normally you could not be arrested because they cannot locate the vehicle.
Can you get your vehicle possession after your vehicle was repossessed?
by paying the bill or rebuy it at an aucton
