Posts tagged as:

repossession

Who gets sued in the even of a repossession?

December 13, 2009

repossession

Given my recent hardship it has come down to me surrendering my car. Will the finance company come after the primary buyer or co-buyer for the deficiency balance?
The finance company refuses to do anyhting to help and I have been told by several ppl that this particular company will not budge. I am the co-signer for my father but the car is mine. I want them to sue me and not him bc he has enough on his plate right now.

Passive Income

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What is it like after getting a repossession?

is it easy to bounce back? my sister had 2 repos and she sais you can go to those ma and pa shops and get a car, just if you pay the money down and have a job. how long does it stay on your credit for?Quick Property Sale

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What is a reasonable charge for an individual repossession?

I have had to repo a car twice from a friend of mine and now we are in the process of going to court over this. What is a reasonable charge to go pick up the car, which was about 10 miles from my house? Also aside from damages are there any additional charges I [...]

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how do I protect myself from repossession of a car? The finance people have reported the car stolen?

I am 6 months behind on car payment. The payment is 600 per month. I am behind 3600. I have sent a 2000 payment. They are still asking for the car and have said they will report it stolen.Sell House Quick

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Does a Suspended Repossession order stay on the property?

Once you’ve cleared all the arrears?
We went to Court last summer as we’d fallen into arrears with our mortgage. The Judge granted a suspended repossession order.
We’ve since cleared all the arrears off but the mortgage Co says the Order still stands even though the account is now bang up to date. [...]

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Whats the difference between a foreclosure and a repossession?

My though was the only difference is that a repossession takes place on something that can be considered a “transportable or mobile” collateral. Your thoughts?Passive Income

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I have a repossession on my credit report, how much money should I save for to get an apartment ?

What should I do, save many 3 or 4 months to prove that I can pay for it, or is there anything I can do to clear it up, if not how long does it take to come off your credit report ?? Thanks guys !!!!!Sell House Quick

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How bad would the repossession by ‘we finance auto’ affect my credit?

I had to buy a used auto from ‘we finance’ like early this year due to no credit establishment. And I have been sucked paying over 200% of the blue book price. And I don’t want to keep paying that because financial situation these days is not really good. If I stop paying monthly [...]

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House Repossession, how many months do they give you to pay your mortgage?

I’ve just found out my sister and her husband haven’t payed there mortgage for 3 months now, does anybody know how many months till it will be repossed if they continue not to pay there mortgage?
Thanks in advance!Quick Property Sale

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Need a sample letter explaining a repossession to the lender?

My ex husband stopped making payments on a car I cosigned on after I filed for divorce. The car was repo’d before the divorce was final. Anyway, I’m trying to buy a house and the lender is requesting a letter explaining the repossession. Can anyone provide me with a site that has a sample letter?Sell [...]

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