Do you get the check if your car is paid off?

Do you get the check if your car is paid off?yes, because you are fat

Can your car be repossessed when you have paid off the loan but have not received the title?

Response .
Most states have a law that requires that the title be sent within Three, Ten or 30 days of final payment being made. The law usually doesn’t have much in the way of teeth, so you may need to remind the lending institution that the loan has been paid and that you want the title. After you have requested the title the lending institution may be in default and you may have recourse, depending again on your state and the laws that regulate title loans.

If you get in a crash and you have PLPD and the crash is not your fault does your car get paid off?

Reaction .
No, you will only be paid the value of the vehicle. If you are “upside-down” in the loan you will be out the difference inbetween what the vehicle is worth and the loan payoff. If you owe LESS than the vehicle is worth, you will get a little in your pocket when the deal is done.

How do you get the check engine light in your car to go off?

The ECM has self-diagnostic capability and permanently tests operation of sensors and other components. When any of the sensor signals is missing or out of normal range, the ECM sets a fault and illuminates the “Check Engine” or “Service Engine Soon” light also called MIL (Malfunction Indication Light) storing the corresponding Diagnostic Trouble Code (DTC) in the ECM memory. The same will happen if a mechanical component of managed system fails. For example, if the EGR valve fails, this will also cause the “check engine” light to come on. Even a liberate gas cap will cause the “check engine” to come on.The stored trouble code can be retrieved with the special scan instrument by the technician. The code itself does not tell exactly which part to substitute, it only gives a direction where to look for – the technician has to perform certain tests specific for each code to find the exact cause of the problem. Once the problem is corrected the check engine light can be turned off by the technician. If you reset the light and do not repair the problem the light will just come back on. ReactionYou can buy a scantool at Walmart and turn the “check engine” light off yourself. Presuming that you repaired the malfunctioning part/s. I had my check engine light on for some time and I was very reluctant to take it to the mechanics. I determined to by an OBD Two scantool from Walmart ($70) and used it to troubleshoot my 2000 Explorer XLT before sending it to the town mechanics(God knows that they will give you all types of BS). Anyway, it gave me a code, I looked it up with the book that came with it and found it was something wrong with my vacuum pressure. I then bought a Chiltons book and found out what causes the problem. All I had to do was check for a liberate air hosepipe connection or joint. Im not a mechanic but I found all the hoses(that mattered) and one of them was just a little bit liberate. I tightened it, plugged the OBD2 scantool back in, erased the check engine light and it hasn’t come back since. If I didnt fix it before I erased it, the light would have come back on after a little while of driving it. Oh, and since I had no use for the scantool anymore, I returned it to Walmart the next week for a utter refund! ReactionAll I usually do is unhook the battery for Five or Ten minutes and the light will go off. If there’s indeed no problem, it should stay off. Otherwise, you should go to a place like AutoZone to see what code(s) it’s throwing (for free). When we get ours emissions tested, they won’t do it with the ‘check engine’ light on, so we have to unhook the battery before we leave home. The light usually stays off long enough to get it tested, and it has passed each time we got it tested.

Can you sell your car before the loan is paid off?

Yes. Be sure the buyer knows that the title is not free and clear. When they pay you, pay off the loan, wait for the title, and sign it over to the buyer. Don’t forearm over the keys until they have the title. You can give them a bill of sale as a receipt that they paid, but that is all they get until the title arrives. You are liable for their injury if they get into an accident before you sign the title over to them. You will have to pay off the loan or have the loan assumed. You wont be able to sign over the title since the loan company holds it until you have paid off the loan. If the loan was a individual loan you have the right to sell the vehicle whenever you like however you will still need to make payments or lodge the outstanding balance. If the loan was secured against the vehicle you will nedd to arrange with the finance company to lodge the balance before tittle is transferred over.

If a car is repossessed does the loan still have to be paid off?

Yes. The car will be sold at a public auction and the borrowers will be responsible for any difference inbetween the selling price and the loan balance plus the allowable repossession and other fees. The lender is legally required to make a reasonable attempt to get the fair market value of the vehicle, unluckily this does not always happen and that sometimes leaves the borrowers with a substantial amount of debt to repay.

If your car was repossessed and you paid the loan off do you get the title?

Response .
If your car was paid off, then why was it repoed? Or if you mean you paid it off after it was repoed, then if the loan company accepted your money,then they have to give you the car and title back. I would call them and get it back or your money back.

How do I get a fresh title on a car that has a previous lien paid off?

Response .
You don’t need a fresh title. You just need a Lien Release. Contact the lender and ask for a lien release, and keep it with the title.

Related video:

How do you turn off a check engine on a 98 town-car?

Reaction .
I can’t reaction the question, however if you have an “Auto-Zone” parts shop in your area they will check it and turn it off for free..
Or you might check with your local Major Parts store like Pep Boys or others. They have the tester and can tell you the problem and disengage the signal.

Can a person be sued if the cosigner for your car paid the car off without your skill then told you after it was paid off?

Reaction .
Muddled question…who is “the person”? If you mean if your co-signer paid the loan (very likely when you failed to do so as you were supposed to)….which is what the cosigner should do..indeed must do by law… and indeed why it was required for you to have a cosigner — (because it was thought you might not honor your agreement and someone responsible was needed)….as the cosigner had to act on your behalf because of your failure to do what you promised to everyone when taking the loan…(for whatever reason you think you have…but who cares), sure they can sue you…and will more than likely win….with any extra costs they incur for having to sue you to recover their outlay in doing what they had to do, most likely I’ll bet because YOU ASKED them to be your so-signer! And if the co-signer, or anyone, paid off your loan for any reason..why do you think you wouldn’t owe them? YOU BENEFITED.

How do you report a paid off car loan if company did not report?

Reaction .
You need to obtain a copy of the letter stating that the loan id paid in total and just display that to them. If they are still telling you that nothing was reported pull a copy of your credit report to be on the safe side. If nothing’s on your credit credit and it is still holding you back from getting something else that requires your credit to be checked than contact the Credit agency.

Can a car be sold if the loan is not paid off?

You can sell the car but the balance of the loan must be paid at that time. At the time of the sale when you know you will be receiving funds, call the bank and ask them for a “10-day payoff” this is the amount owed to pay off the loan Ten days from now. Once you sign the title over to the buyer and receive the money, You are obligated to pay off the car at your bank. You want them to get the money within Ten days so you don’t end up owing more than the “Ten day payoff” you requested. Interest accumulates daily so that’s not a big deal anyway. If you do not pay the car off at the bank, when the person attempts to title the car in their name, it will come up as “Lien not pleased” in the states’ database and they will not be able to register the car in their name.

When a car is paid off can you refinance your car again?

The only bank I know of that permits you to do that is DCU which is a Massachusetts bank. So I know it can be done.

Do you get the check if your car is paid off?

How do you trade in a car that’s paid off?

Tell the dealership that you want A car with NO DOWN PAYMENT, And, YOU ARE NOT TRADING YOUR OLD CAR. Get your best deal. Keep that number handy. Then tell them that you are concidering trading your old car. Get them to give you A “REAL TRADE IN QUOTE” This means you want them to tell you exactly what they will buy your car for. All you need to do to trade it in is have the title with you..
Also, Make sure the numbers match, There is nothing that the dealership will add that you have to pay. Don’t fall for gimmicks.

Can you exchange a car bought in a dealership but has not been paid off?

I don’t know of any dealership that would permit that. On the other palm any dealership will accept a vehicle bought from them for trade in, but I have no doubt that you will lose money on the deal.

How do you trade in a car that is not paid off?

Pay the bill off and sell it or borrow enough on the fresh car to pay off the old car and finance then fresh one. My advice is to not consider trading until you pay off the car you now own. That way you will be in a much better financial condition to purchase another car.

How do you sell a car that is not paid off yet private party?

Contact the company that has the loan for the car to find out the “payoff amount” which will be the amount needed to pay off the rest of the loan. Then talk to them as to the best way to arrange to pay this off. You will need to get them this money, and get them to provide you with the title (or a lien release form, depending on your loan company). At this point you own the car and can sell it to someone else. It is often possible to arrange ahead of time with them to meet the fresh holder at a bank and have them write one check to the bank to pay off the car, and another to you for any amount over the amount needed to pay off the car. Then the bank provides them with the title to the car. Contact your loan provider and they can walk you through the process.

I sold a car and paid off the bank that had the title with the buyer’s cashiers check Title was released but stated wrong miles from the car odometer reading buyer wants his money back?

This situation depends on the state you live in and how long youhave lived there. If the state has a buyer’s regret law, they maybe able to come back it. Most states do not have consumer protectionfor used cars and it is a no warranty situation as well as abuyer’s beware situation.

If you are in a car accident and the car is totaled does your car loan get paid off through insurance?

Not unless you have the fresh option in insurance of the fresh car replacement. If your car is totaled, you will be paid the Blue Book price for your vehicle. This sum is the amount your vehicle is worth at this time. Any amount over this sum that is still owed to a car loan is still due.

Used cars sold as is paid off can you take it back?

Generally speaking, no, you are most likely stuck with it. That’s what the “as is” clause means. There are exceptions to this, depending on what state you live in, but it’s unlikely you’ll be able to get a refund.

Related video:

Can a dealer re-po a car if they are paid with a bad check?

Yes, they can repossess it. If they were paid with a bad check, then they weren’t paid at all. That is defaulting on the loan agreement. When you finance or lease a vehicle, your creditor holds significant rights on the vehicle until you’ve made the last loan payment or fully paid off your lease obligation. These rights are established by the signed contract and by state law. If your payments are late or you default on your contract in any way, your creditor may have the right to repossess your car. Talking with Your CreditorIt is lighter to attempt to prevent a vehicle repossession from taking place than to dispute it afterward. Contact your creditor when you realize you’ll be late with a payment. Many creditors will work with you if they believe you’ll be able to pay soon, even if slightly late. Sometimes you may be able to negotiate a delay in your payment or a revised schedule of payments. If you reach an agreement to modify your original contract, get it in writing to avoid questions later. Still, your creditor may reject to accept late payments or make other switches in your contract and may request that you come back the car. By voluntarily agreeing to a repossession, you may reduce your creditor’s expenses, which you would be responsible for paying. Recall that even if you comeback the car voluntarily, you’re responsible for paying any deficiency on your credit or lease contract, and your creditor still may report the late payments and/or repossession on your credit report. Seizing the CarIn many states, your creditor has legal authority to seize your vehicle as soon as you default on your loan or lease. Because state laws differ, read your contract to find out what constitutes a “default.” In most states, failing to make a payment on time or to meet your other contractual responsibilities are considered defaults. In some states, creditors are permitted on your property to seize your car without letting you know in advance. But creditors aren’t usually permitted to “breach the peace” in connection with repossession. In some states, removing your car from a closed garage without your permission may constitute a breach of the peace. Creditors who breach the peace in seizing your car may have to pay you if they harm you or your property. A creditor usually can’t keep or sell any individual property found inwards. State laws also may require your creditor to use reasonable care to prevent others from removing your property from the repossessed car. If you find that your creditor can’t account for articles left in your car, talk to an attorney about whether your state offers a right to compensation. Selling the CarOnce your creditor has repossessed your car, they may determine to sell it in either a public or private sale. In some states, your creditor must let you know what will happen to the car. For example, if a creditor chooses to sell the car at public auction, state law may require that the creditor tells you the date of the sale so that you can attend and participate in the bidding. If the vehicle is to be sold privately, you may have a right to know the date it will be sold. In either of these circumstances, you may be entitled to buy back the vehicle by paying the total amount you owe, plus any expenses connected with its repossession (such as storage and prep for sale). In some states, the law permits you to reinstate your contract by paying the amount you owe, as well as repossession and related expenses (such as attorney fees). If you reclaim your car, you must make your payments on time and meet the terms of your reinstated or renegotiated contract to avoid another repossession. The creditor must sell a repossessed car in a “commercially reasonable manner” – according to standard custom-built in a particular business or an established market. The sale price might not be the highest possible price – or even what you may consider a good price. But a sale price far below fair market value may indicate that the sale was not commercially reasonable. Paying the DeficiencyA deficiency is any amount you still owe on your contract after your creditor sells the vehicle and applies the amount received to your unpaid obligation. For example, if you owe $Two,500 on the car and your creditor sells the car for $1,500, the deficiency is $1,000 plus any other fees you owe under the contract, such as those related to the repossession and early termination of your lease or early payoff of your financing. In most states, a creditor who has followed the decent procedures for repossession and sale is permitted to sue you for a deficiency judgment to collect the remaining amount owed on your credit or lease contract. Depending on your state’s law and other factors, if you are sued for a deficiency judgment, you should be notified of the date of the court hearing. This may be your only chance to present any legal defense. If your creditor breached the peace when seizing the vehicle or failed to sell the car in a commercially reasonable manner, you may have a legal defense against a deficiency judgment. An attorney will be able to tell you whether you have grounds to contest a deficiency judgment. Reminisce this repossession will stay on your credit for 7 years.

Can i take a loan against my car that is paid off?

Yes you can. .
Many credit unions and puny banks will suggest a secured loan for a vehicle that does not have a lien. Expect to pay higher interest for this type of loan..

Do you get interest paid back from the bank on a car loan that was totaled and paid off early?

No. What happens is that the lender will take your payments and use them to pay off the interest you owe on the loan each month. Any amount left over is used to reduce the principal you owe on the loan. When the loan is paid off in total for whatever reason, the amount that needs to be paid is the principal remaining plus interest for the current month so far. If your car is totaled and paid off three years into the loan, the interest you’ve already paid was to borrow the money for three years. Since youdidborrow the money for those three years, you don’t get any of the interest back.

How do you get a title to a car that was paid off?

my daughter purchased a car and had a hard time getting the title for it until she discovered that running crimson lights at a crimson light camera got tickets sent to the holder listed on the title. After waiting a year for the seller to give her the title( he also would not come back her calls), it only took Trio tickets and he was at her door, title in forearm.

Do you check the oil with the car on or off?

if you want a decent and accurate reading you need to check the oil with the end off and cold. the best time to check is in the morning before you go anywhere that way it has sat overnight and cooled off and lodged back into the pan. if it’s hot (recently run) not all the oil will be in the pan which can cause you to get a low reading when indeed it’s at an ok level 🙂

What if Car is paid off during bankruptcy?

then you get to keep it because its not worth anything to the government anymore

Do you get the check if your car is paid off?

If a car is repossessed does the car loan have to be paid off?

Well, that all depends on who is taking the car and why. If the bank that financed the car has repossessed it, then maybe…maybe not: It all depends on how much the sale of the item brings. The proceeds will not only have to be enough to cover the loan, but the costs incurred to recover, store, and sell the vehicle. Odds are, that given the rate at which cars depreciate; no. I am uncertain whether the lien holder can then go after a deficiency judgment for the amount still owed, but most likely (depends on laws in your state very likely). As to some other entity seizing your car, like in satisfying a judgment…. In Louisiana if the lien holder, or superior creditor, asserts their rights prior to the sale, the sheriff is required to disperse the proceeds very first to them and then to the subsequent creditors. If you owe fairly a lot on the car, the judgment creditor must determine if they think the item will sell for enough money to sate the very first superior lien, the sheriff’s fees, and still get enough to make it worth their while.

Car has been paid off when or who do you talk to about getting it?

Your grammar is incomplete and so are your sentences so it is very difficult or unlikely to reaction your question. My question to you is: If you were paying on a car without having it, it must have been in police impound. Was it in impound? your reaction will influence my response. If it was in an impound lot, you talk with the party receiving your payments to get it released. If you had the car in use and you want the title after making all the payments, the financial institution you were making the payments to will send you a title that is stamped over the decent section “Paid in Total”. You take this title you your county title office and they will issue a fresh Title with you listed as the possessor. This can be used for license plates. But again, it is very unusual for someone to make payments without having the car because they depreciate too prompt.

How long does it take to get a car title after the car is paid off?

this is stupid, im asking the question, why would i give myself the reaction, this is truly dumb.

Should you check the transmission fluid with the car on or off?

Off, but the engine should be warm. (wrong) Read below: It all depends on the make and model of your car. Some cars require you to check it with the engine running (could be in park or neutral). Some cars you check with the engine off but motor warm and on newer cars 2006-2012 a dealership has to check it.

I am filing bankruptcy will they take my car if it’s paid off?

Please consult with an attorney because I am not. That being said: It depends on what chapter you file. If you file a chapter 7 (total liquidation) it is possible, the trustee may want to go after it. The point here is that his job is to recover as much possible money for the creditors as possible. If you have a car that is worth $Ten,000 and he could sell it and get 8K for it; he’s going to sell it. If you have a Junker that is worth $2500, he may not be as interested. There are things called exemptions that also come into play. Typically, you may get to keep your car. IF you file a chapter 13, more than likely you don’t have to worry; as you have a plan to repay your debtors. Keep in mind, I am leaving out all sorts of other chapters (11,12,etc) which involve corporations, farmers, etc. ) Please consult an attorney for advice .

What happens to your paid off car after filing bankruptcy?

If your car’s value cannot be exempted, it goes to the trustee to auction off and the net proceeds used to pay his fee and the balance distributed pro rata to the unsecured creditors. The exemptions are determined by state law, which may permit using the federal exemptions. Check with a local bankruptcy lawyer or go to your jurisdiction’s bankruptcy court website.

If your car is paid off can it be taken if your house is foreclosed?

Yes. And any other posession deemed not a basic need as defined by your state, and free of liens.

If you paid off the charged off auto loan can you get the title for the car?

Not necessarily. In this state certain legal work and a bill of sale must be packed out precisely and correctly. You must get legal proof you paid off the loan. Certain taxes must be paid. After you have hopped through all the required legal hoops, then you can get the title. Improvised tags exist to showcase you have met all requirements but are waiting for the title.

Does a cosigner have rights to the car even when its paid off?

No, the cosigner will not have rights to the car after its paid off because the purpose of a cosigner is to pay off the notice if you fail to do so. Being a cosigner does not give them to any rights to the car.

If your father dies is his car paid off?

If your father dies, any debts he had are passed along with his assets. If he still owed money on his car, his heirs get the carandthe loan balance. There are exceptions, like if insurance provides for payment of an outstanding debt on a loan in the event of death, but these are exceptions to an almost universal idea that all things of value in an estate as well as all outstanding notes and such are passed down as a package. Think of it this way. If you loaned someone money for a car and that person passed on, you’d still be owed the money or have a “stake” in the car. Any who inherit the “goods” of the deceased will also take on any outstanding debt. You loaned the money for the car. If the person who borrowed the money dies, you still have an outstanding debt with the heirs of the departed. You’d expect to be paid, and law provides for this.

What kind of lien can be placed on car that is paid off?

If you get bod or mechanical work done on the vehicle and do not pay the shop can put a lien on the vehicle until the balance is paid. If it gets to that point it is often with interest and court costs as well. Think of it to be the same as a roofer putting a lien on your house if his bill is not paid in total.

Can your car be repossessed if it is almost paid off?

Yes, when they auction it you will get back money if there is any left after the banks recovery expenses and the money you owe them. That is assuming the car is worth more than what you owe.

Do you get the check if your car is paid off?

What happens when your loan is not paid off and you still have the car?

You can still have it ,but you will be paying powerfully for it and have no resale value for it.

When checking automatic transmission fluid does the car need to be on or off?

It varies from one car to another. Some recommend checking it with the engine off, some with the engine running in park, some with the engine running in neutral, etc. The owners manual for the vehicle will tell you how it should be done on yours.

Can the bank take your car if you have paid it off?

No, because they don’t own it. You do. You might also want to learn to spell.

Can your parents take away your car if you are 16 and it is paid off?

yes. parents are only required to provide you with food, water, shelter and one T-shirt, two boots and one T-shirt.

Related video:

What to do about car paid off by mistake by dealer and you have title?

What are you expecting us to say? That you can keep it? You know the right thing to do you greedy dishonest loser

What if the car loan is paid off?

Why is HSBC holding my car title that was used as collateral in 1997 with Beneficial Mortgage of Ohio and the loan was paid off in 1998. Now I just bought a brand fresh car and my 30 day tags are about to expire in Trio days. I think somebody screwed up on the paperwork. Because the car was not used as collateral on the loan in 1999.

How can you can a tag without a title if you purchased a car but have not paid it off?

If you are bringing a vehicle into the state of CA that has a lien on it still and you need to get plates and registration to operate vehicle you will need to take the current registration card you have from the state where previously titled & registered into a CA DMV office and tell them you need to apply for a “Golden Rod Registration”. This means that you want to get registration only in CA because the vehicle is titled in another state with a lien holder on it. In addition to the out of state reg card you will need to: 1. Pack out a REG 343 Two. Have the vehicle smogged Trio. Have DMV or a licensed vehicle verifier accomplish a “Verification of Vehicle Four. If the vehicle is a truck or commercial vehicle you will have to get a weight certificate from a certified wiegh master Five. Pack out a DMV statement of facts explaining you are requesting a “Golden Rod Registration” Vehicle Registration Wizards @ vehregwizard@gmail.com

Can a paid off car be seized for debt?

In some cases yes. If the vehicle was purchased using the same lender against whom you have defaulted with a different loan, and there is a remaining balance after the repossession of that property, then the court can order a Conversion of Collateral, and the paid off vehicle can be repossessed by that lender. Additionally, if the court chooses, real property can be ordered liquidated to pay a bad debt.

Does gap insurance still apply if your car is paid off?

It will depend on the type of gap insurance you have. Finance gap insurance would expire as there is no finance to cover but come back to invoice and vehicle replacement would still carry on until the end of the policy or a claim is made.

What happens to the money they are taking out of your check after you have paid off your child support?

Go after up to find out if the garnishment will proceed for present child support. If it is truly ended, then the go after up will enable you to present the paperwork you need to your employer to ensure that it stops. Certainly, you would want to save this information in your financial files should it come up again.

Can you get a repossed car back after wage garnishment is paid off?

it depends on the terms of the contracts. you just need to go through your paperwork and look through the fine print. or just call and ask, but its all dependent on your contract

Do you check the oil stick when the car is on or off?

Check the oil level with the engine off after it has not been run for 30 minutes. You will then get a very accurate reading.

Can you trade in a car that isn’t fully paid off?

Yes, you just add the payoff amount of the car you are trading tothe price of the car you are buying.

Leave a Reply