the repo man come and repo my car the police made him bring the car back because he didn't have a signed consent from magistrate after going to magistrate will I have a chance to answer the dispository or will the car be repoed the same day
IF the lender posts a repo on your CR, you have one. You will have the repo on your credit report, but it should also show up as "redeemed".
Husband dies, his car left at a friends house, friend would not give car up, car was voluntarily repossesed, can you still get car after a repo? What is needed?
as long as you are in DEFAULT of the contract, they can repo the car. Dont forget the time element involved between you paying up and the repo co. being notified that you did pay. Have your reciept ready to show the repopeople that you DID pay and WHEN.
Yes, afterall, the repo-car is still the legal property of the person who has sent the repo-guy to retrieve it.
They repo your car and sell it at auction or sometimes to a good buddy. What they sell it for is deducted from your debt but they add back the cost of the repo and selling at auction. Now - If they think the amount still owed is worth going after you and your assets -then they can go to court for a judgement. If you can't hang on to it ask them to take it back before they spend the money to repo it.
It will still show up as a repo on your credit report, even if you brought the car back and told them you can't pay for it.
Definitely yes
The repo man will not care if your car has insurance or not. If you haven't been paying for your car, the finance company or bank will take their car back.
If you mean to re-possess it. . . yes. If the dealer still holds the title to the car then they are still the lawful owner. ---------- Legal ? How ? As in repo ? Yes, if its not paid as agreed.
ask someone who knows
when repo man repossess the car and was in an accident before you can get it back, what happens