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Is it legal for the finance company to repossess your car for late fees even though the loan is paid in full?
Yes, the loan is not paid in full if there are unpaid lates fees
What happens if you stop paying your car loan?
Repo.......homo
If you Co-sign auto loan and the person defaults on the loan- can the finance company take your house?
No. If you cosign on a car loan and the person defaults, the finance company can not take your house in this state. After the finance company seizes the car, both you and the other person would still owe the unpaid balance of the loan.
If you return your car to the lender are you still responsible to keep paying the loan?
Heidi, as a general rule, YES. You are responsible for the UNPAID balance due on the loan. Example, you owe 5000.00, car gets sold for 2500.00, you owe 2500.00 plus fees.Good Luck
If you cosigned an auto loan for your niece and she has defaulted can you repossess the car from her?
yes you may take the car back considering she defaulted on a aggrement between the 2 of you and the bank you are liable for any unpaid debts on the car therefor the car is yours as well....
What to do if Being sued for unpaid car loan in pa?
Call the loan company and try to work with them. Next step is you loose the car.
What to do if being sued for unpaid car loan in Texas but you don't have car?
It does not matter if you don't have the car any more. What matters is the unpaid loan you took out on it when you bought it. It is because of the loan, not the car, that you are being sued. You can try re-negotiating with the car dealership and with the financial company. If that fails, you can try to hire a lawyer to protect your interests.
Can a dealer collect on repo unpaid balance?
Yes - if the car loan was with the dealer, the dealer can sue the debtor for the balance of the car loan after the car is sold to someone else.
How do you register a car that has an unpaid title loan but that owner never paid it?
The only way to register a car that has an unpaid title loan but that owner never paid it is to pay off the loan. The person who got the loan is responsible for paying it, but it can be hard to force the issue once the car has been sold. You may need to take them to court to force them to pay the loan or to give you your money back.
Can you be arrested for car unpaid finance?
You will not arrested car unpaid. It is a civil matter, but It affects your loan for credit cards, loan for buying new home, plus private loan for your education. The best way is pick up your phone discuss with lender. They could find a better way for you and for them. They make living by helping you event they got mad at you by not paying car loan.
Can my car be repoed because I don't have driver license?
No. Repo (or repossession) occurs only when payments are not made on a car loan, or if a collateral conversion is done by a lender with whom you have another unpaid loan, or if the courts permit a collateral conversion in the event of an unpaid judgment.
What happens to an unpaid parking ticket when the car is being repossessed in Miami and the plate no longer exists?
The ticket remains the responsibility of the person who had the licence plates registered to them at the time the ticket was issued.
If your car that you took a bank loan out for was in an accident and written off and your insurance company sends you a check for the car's value do you then have to pay off the bank loan in full?
Yes, you are still responsible for whatever amount remains unpaid on your loan.
Is it legal for the finance company to repossess your car for late fees even though the loan is paid in full?
Yes, the loan is not paid in full if there are unpaid lates fees
How do you return an unpaid car?
If it is too difficult to maintain payments on a car loan, it is possible to voluntarily give it back to the creditor or dealership. In some states, however, a creditor can sue for the remaining balance owed on the loan.
Can you legally stop a parking ticket being put on your car?
No.
If someone gave you a car after someone died and you find out that the car has a unpaid title loan. How do you get that car registered in your name?
You pay the balance of the unpaid loan to the bank, request a release of title to the estate of the deceased person, purchase the vehicle from the estate for at least one dollar, do a transfer of title to your name, and register the vehicle.Anything less or different may result in the repossession of the vehicle.
