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Can a person sue me for money they paid me to drive my car and the car was repossessed after 3 mos of non payment and the car is in my name?
Wiki User
∙ 10y ago
If you had a contract to do something and were paid up front for it, and later circumstances rendered it impossible for you to fulfill that contract, then yes, you could be sued to recover the money.
It would almost certainly be cheaper for you to just voluntarily return at least a prorated portion of the money than to hire a lawyer (and probably lose anyway). If you can't repay the money, you should at least talk to them to try to set up a repayment schedule so they don't sue you. Lawyers are expensive, and it's highly likely you'll wind up paying their legal fees, so anything you can do to avoid them going that route is probably worth doing.
Wiki User
∙ 10y ago
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Can a car be repossessed when 1 payment is left?
As long as you owe them money they can take it.
Can they repossessed the car if you just owe the last payment?
The lienholder has an option to repossess when you become deficient on your payments for as long as you owe money on that vehicle. If you skip your last payment, that car can be repossessed.
I paid cash for my vehicle and it was repossessed without any attempt to contact me am I entitled money back?
No, your down payment and any other payment you have made will be put to your subtotal for the car.
When your car is repossessed will the finance company generally allow you to make payment arrangements on the deficiency or demand payment in full?
make payment arrangements on the deficiency???? IF you mean the amount you're in DEFAULT on, NO If you mean the amount due AFTER they sell it, USUALLY NOT. Why?? You couldn't pay notes on a car you could drive, so why would they think you will pay on a car you DONT HAVE??? NO lender WANTS to repo a car, they just want the money. So when they have to repo a car, they will go after the money very seriously. Nothing personal, its only money...
Can a car be repossessed one day after a payment was made?
Sure it can, if that payment was not enough to fufill your end of the contract. A car wont be repossessed if it is only a month behind. If you are five months behind, and make one payment, you are still behind... even the next day, when you are only four months behind. One payment may not catch you up. When you purchased the car, the deal was, likely, that you get to drive the sellers car, (seller still owns it till the final payment is made), and the seller gets money from you at stated time intervals, likely once per month. If you broke your end of the deal, you no longer have a right to drive the car owned by someone else. Make those payments on time, then you need never worry about the repo man.
Can a car dealership repossess your car if they say you owe them more money for a down payment?
A dealership can only repossess your car if you do not pay in accordance with the sale agreement. If you did not pay the agreed down payment, the car may be repossessed.
Can you get your car back after it has been repossessed in the state of Iowa?
Yes, there are some instances that a person can get a repossessed car back in the state of Iowa. If the person pays all the money owed plus a repo fee, the car may be returned.
If your car was just repossessed will they let you get it back if you have the money and how long will it take to get it back?
get it back?? prolly, depends on your payment record,ect. They really dont want the car, they want the MONEY. How long?? a day or two
What would happen if you made payment arrangements for the payoff of a repossessed vehicle but could not keep them?
If you kept the repossessed vehicle, the lender could reposses it again and sell it. If this was just a contract to repay the debt, they could sue for money damages just like it was a promissory note.
Who is responsible for a check after a stop payment is put on it?
If the person issueing a check puts a stop payment on it, the person or business to whom the money is owed has legal recourse to sue.
If a pereson is promised money in a will but the person dies before putting the person in their will can the person still get some money?
Not if the money was meant to be an inheritance or gift to that person. If the deceased promised the money in payment for a debt, and there is a valid contract, the creditor can get the debt from the estate.
The loan company says they never received your payment and repossessed your car yet there is a bank record of the money transfer what can you do?
Most attorneys love 'wrongful repossession" cases. Call one in your area.
