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What happens if a car never gets repossessed?
20th August 2011
My recently deceased father-in-law bought my brother-in-law a 2004 Pontiac Grand AM after leasing it new for 3 years. After an argument, my brother-in-law gave the car back to my mother-in-law. She could not afford the payment and so my husband and I drove and made payments on it for 2 years before we had to purchase a new car. Since we were unable to make anymore payments, my mother-in-law decided to turn over the car to the bank. She called the bank and told them to come get it and dropped the insurance. It has been sitting in my driveway for 4 months. She gave them my address, so they know where it is. When will they come get it? Has there ever been a case where a bank didn’t repossess the car? What should I do? I don’t want it in my driveway anymore and my mother-in-law has nowhere to put it.
Selling it isn’t really an option. Even if she would, she could only get half of the loan value. The car is only worth 4,000. So, she still owes a balance that she cannot pay.
Odd question, but I’m just not sure how to proceed.
I’ve been getting phone calls from a Toyota dealership in my town (7 calls today alone) who claims that I wrote a bad check for about 0 in repairs on my Toyota. This would be okay, and not really a reason to ask the yahoo answers people, but…
1-I’ve never taken my car to this dealership for repair.
2-I don’t even OWN a Toyota. Nor does anyone in my household, I don’t drive, borrow, rent, or otherwise have possession of a toyota.
After finally talking to someone who didn’t seem hellbent on strong arming 0 from me, I found that the checking account the check was written on is an old account of mine that has been closed for quite some time. I didn’t realize I even still had checks from the account but it’s from my old account, complete with the old address that i’ve not even lived at for about 3 years, which is also an out of state bank, so I can’t exactly just run over to a branch and get some help.
I now live in NC. The address given to the dealership is not my current address, but is an address that i’ve lived at recently in NC. The check address is from an address in Ohio, and my bank is based in Texas. The dealership is telling me that it’s my information, so therefore I am responsible, and that if they’re not reimbursed that they will have a mechanics lien and repossess my car.
i don’t think they can do that, can they? And if so, wouldn’t they have to get the lien on this Toyota, not the car that I DO actually own? They told me that I need to file all kinds of police reports in NC as well as in ohio, too. In my opinion, if they took an out of state check without even verifying anything, that’s not my problem. Anyone have any suggestions on what to do here?
Do I have to pay any back registration when buying a used car?
6th August 2011
Im looking to buy a Used car from a private seller. The car has not been registered in 3 years. Does anyone know if I have to pay any type of back registration for the years it wasn’t registered? oh, and I live in California.
The car was not registered because it needed a new timing belt. so It just sat for 3 yrs and now they are selling it.
Car repossession laws need help can any body help?
20th April 2011
Is it true that the government or the state of Nevada only allows banks to collect money on the difference of the amount owed for 3 years and after that they have to drop charges or case if they don’t collect any money or payments on the difference of a repossessed car?
Top Government Car Auctions
18th March 2011
Do you want to know the top government car auctions websites? Do you even know what government car auctions are? Government car auctions are the new way to get vehicles. It use to be salvage cars would be the key to getting a great deal. No. Now it is with this method.
Every year the government gets a hold of tens of thousands of perfectly fine vehicles. They are able to do this through a variety of ways but mostly it is when there are legal issues with the police. The police then take the vehicle in and it becomes owned by the government.
The government obviously cannot afford to keep these vehicles. Heck, they can’t afford much of anything. So, they came up with government car auctions. The idea is that they will simply bid the cars off to the highest bidder. What is great about this is that often bidding for a really nice car can start around just 0 dollars. Yes! One Hundred Dollars. The reason it starts at such a low opening bid is that the government does not want to keep the cars and it costs them money. Their whole motivation is to get rid the vehicles and get rid of them quick.
The condition of the cars is variable. Just like in the normal car market. You might find a practically brand new vehicle and get a great deal or you could find an old junker. The average age is 2-3 years. It is all about looking in the right place when trying to find great government car auctions.
That brings me to a website that would help you immensly in your search. It’s called Gov-Auctions and is the leading website on government car auctions. I will provide a link for you to visit the website here: Gov-Auctions.org
Just follow the link above and it will take you to Gov-Auctions. There they will teach you step by step all you need to know to get a great vehicle at a ridiculously low price.
Article from articlesbase.com




