Can you get personal items from a repossessed vehicle?

Answer You are entitled to all personal items that were in your vehicle at the time of repossession. Laws vary by state, and in some states, according to the Federal Trade Commission, the creditor has to ... Read More »

Top Q&A For: Can you get personal items from a repossessed v...

How to Buy a Repossessed Vehicle?

A lender repossesses a car when the owner fails to pay on the loan or meet other terms of the loan agreement. Since lenders want to sell repossessed vehicles quickly, most put the autos up for auct... Read More »

What happens when a vehicle is repossessed?

Repossession is not the end of your relationship with your car. There are several chances to reclaim your car between the time it was taken back by the finance company and the moment it is sold at ... Read More »

Is there a tax deduction for having a vehicle repossessed?

There are no specific tax deductions if the lender repossesses your vehicle. IRS regulations treat vehicle prepossessions as a sale, and profit or loss tax rules apply. This means you may be able t... Read More »

How Do I Respond to a Civil Lawsuit for a Repossessed Vehicle?

You should always file a response to a civil lawsuit, according to Law Help. Issuing a response gives you the opportunity to defend yourself against accusations and claims made in the lawsuit. If y... Read More »