My car was repossessed but i got it back information

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My Car Was Repossessed But I Got It Back. If you want your car back after a repossession, you’ll have a short window to ensure the right to reinstate your loan. I have a mugen bumper and i tie wired my from license plate to the grill, instead of cutting the tie wire they cut the grill on my bumper leaving two big hole on mr grill. This brings us to our initial question: First, once your car is repo’d, you will need to see a bankruptcy lawyer right away.

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I got my car back from the auction. Redeem the car or reinstate the loan (if allowed in your state or by contract) wait until the sale and attempt to bid on the vehicle at auction, or; A car repossession can be a double setback — it leaves you without a way to get around and can damage your credit. You should tell that lawyer thatyou need to file bankruptcy rightaway because your car was repossessed. Vote up answer by garymarkle (599) some states have a law called right to cure, where as you are given a certain amount of time to resume the original contract payments, as well as, any back payments due on the vehicle and any towing storage, and reposession fees, that were incurred when the. Can i get my car back after repossession in illinois?

How do i get my car back after being repossessed while in chapter 13 i filed my own chapter 13 i wanted to get a new car so i got permission from the court.

We can be sure that this situationoccurs often enough. I had to pay $11 grand to get my car back. Redeem the car or reinstate the loan (if allowed in your state or by contract) wait until the sale and attempt to bid on the vehicle at auction, or; For example, if the car will be sold at a public auction, your state’s laws might require the lender to tell you when and where the auction will happen so you can be there and bid. (1) a debtor, any secondary obligor, or any other secured party or lienholder may redeem collateral. If you had enough money to pay off your loan in the first place, you probably should have done this before the repo company took your car.

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During that 10 day period, you have a right to redeem the repossessed car. Most times, you have about 15 to 30 days to work something out with your lender before you can get your car back. During that 10 day period, you have a right to redeem the repossessed car. But that does not mean it will be easy getting a vehicle back. Can i get my car back after it got repossessed?

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If my car gets repossessed, can i get it back? If you were caught off guard by the repossession, you might be able to have the loan reinstated, or get your car back, if you can pay off the balance and any fees that resulted from the repossession, such as towing or storage charges. If this is not an option, the lender will begin making arrangements to sell the car at a public auction. While this might not be an option where you live, you might only have 10 days to make your past due payments plus the repossession fees. Anyways, i have a problem when i got the car back.

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Can i get my car back after a repossession? Vote up answer by garymarkle (599) some states have a law called right to cure, where as you are given a certain amount of time to resume the original contract payments, as well as, any back payments due on the vehicle and any towing storage, and reposession fees, that were incurred when the. But that does not mean it will be easy getting a vehicle back. I had to pay $11 grand to get my car back. Can i get my car back after a repossession?

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I had to pay $11 grand to get my car back. But if you pay off the loan and all fees, you get your car back free and clear of any loans. This can happen in a situation where the cost to repossess. However, in some situations, the lender chooses not to repossess the car. After your vehicle is repossessed, your lender can either keep it to cover your debt or sell it.

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