is there a time limit on repossesion in virginia?
603191
7 years is the statue of limitations, even with a court ordered replevin..  or the creditor can file a renewal with the court to extend the order if it close to the 7years. However if you make any type of payment towards the debt, you start your 7 years over.. The 7 years begins with the date of last activity.. So it all depends upon time... Whatever you do if it has been awhile.. Do Not Make a Payment...
1051830
You may wish to check with an attorney but for the most part the standard practice is this;\n\nSend her a registered letter. Inform her that if the property is not picked up in 30 days it is considered abandoned and under the law it will be disposed of. The property actually becomes yours to sell or toss out.\n\nAfter 30 days she s**t out of luck. Just be sure to send any correspondence registered receipt.\n\nYou do have to retain her stuff but after 30 days and the letter...ha!...no self respecting cop would pinch you.
773792
If you mean "statute" of limitations, then yes, there is one.  However, the time doesn't begin to run until the debt was due. some 10 or 20 years after you borrowed the money.  Furthermore, if it was guaranteed by the government, as most were, then the debt to feds wont accrue until the feds pay it off and come after you.  So, while the answer is yes, it is unlikely you will get away with stealing the money by not paying your debts.
869032
Usually the closing is within 45 days.  You'll want to put the exact number of days in the contract.  In Kentucky our Realtor contracts say "Closing of this transaction shall occur no sooner than ___ calander days nor later than ___ calander days from the date of acceptance of this contract (acceptance date not included)."  45 days give the buyers time to schedule an apprasail, home inspection, and any other inspections they need to complete.  It also gives the lender plenty of time to turn the appraisal and all other paper work in to the underwriters so everything can be completed and ready to go prior to your closing date.\n\nAlso, in your contract make sure you state how many days the buyer has to complete their inspections and what kind of response times you'll have.  For example, our contracts here in Kentucky say "Within ___ calander days of acceptance of this contract (acceptance date not included) Buyer and/or Buyer's Representatives may inspect the property for any purpose at resonable times at Buyer's expense.  If Buyer requests Seller to make repairs, corrections, or or replacements, Seller shall respond to Buyer's request within ___ calander days from Buyer's written notification to Seller.  If Buyer and Seller cannot agree on which items should be repair, corrected, or replaced, or on payment of same, Buyer has ___ calander days following the Seller's last response to notify the Seller in writing that Buyer either accepts the property "as is" or that Buyer voids this Contract." \n\nThis is a lot of technichal info but it's important to have this in your contract.  I'd be happy to forward you a copy of our contract we use here in Kentucky.  It was written by the Kentucky Real Estate Commission and it's really good.  It covers everything to protect the sellers and the buyers.  Just send me an e-mail (BandHomes@yahoo.com) if you want me to forward that to you.\n\nGood Luck!!!
141824
In the state of Ohio, the limitation ranges from 6 years for oral agreements to 15 years for written (including Promissory Note). Note that "open accounts" which are credit card debts, have had some changes as a result of the recent Bankruptcy Reform Act\n\nThe following link will give you more information about the Statute of Limitations by State
966259
Car loan companies usually wait until you miss three payments before they come and get your car.\n\nYou can try and take some sort of legal action, but your car will be gone before anything gets resolved. I would get the money together and pay the loan company and the repossession  folks soonest................
498208
There are laws concerning repossesing vehicle, but the laws generally deal with who can do the repo-ing and when they do they have to report it to the police. (This varies by state, check your local laws to be sure.)\n\nAs far as when the company can reposses, you will have to refer to your contract. Most auto finance contracts state specifically when collection and/or recovery efforts can take place.\n\nMost contracts state that when you are late (even 1 day), you are in default (you didn't hold up your end of the bargain). Most of the time, any time you are in default, the company reserves the right to recover the vehicle. This is a very good reason to READ THE CONTRACT BEFORE YOU SIGN IT.\n\nThe good news is that the finance company really doesn't want your vehicle, so they will work with you, most of the time, to resolve defaults. Most finance companies offer "skip a payment" plans, or something to that effect so that if you know you are going to have a problem with one payment, you can call them up and ask to put that payment at the end of the contract (this will cost you more in interest).\n\nI would guess that if you are current on your payments, they will not come and take your car. But, you could always call and ask them to be sure.
358865
I don't think there is a limit. If it is over $10,000 you will need to report it to the governement.
260621
I think the law states that after 180 day of service you are entitled to some very basic benifits.  I would have a copy of your DD214 handy and stop by your local VA.  You can even start at the VA web site
59496
You should be able to surrender the contract or take out cash value without any problems depending on how long ago you purchased it. Most annuities will have a surrender charge for 1 to 10 years after you buy them. The age to take withdrawals without the 10% government penalty is NOT 65. It is 59 1/2.
1056153
They will issue a warrant if you just let the date go by.  You need to contact them and tell them that you won't have the money by that date, most will extend the time or make some type of payment arrangements.
603805
Account goes delinquent and the lender decides that the borrower will not pay, so they engage a recovery agent to repossess their collateral.  The timeframes for notice are state specific, but usually 20 days notice is required.  Once the lender has repossessed the collateral they will allow you to retrieve your personal possessions and give you written notice of the amount required to retire the debt.  You MAY be able to bring the account current, pay the recovery and storage expenses and get the car back, but it's up to the lender...they can require you to pay the entire balance.  After the required time period, often as little as 10 days, the lender will sell the collateral, usually at a dealer auction.  After the sale amount is applied to your balance, the lender will notify you in writing about any deficiency balance owed.  There is almost ALWAYS a deficiency balance.  You will have time to pay the balance in full or make payment arrangements.  If you don't pay or make arrangements, the lender may file a judgment against you.  Depending on your state of residence, they may try to garnish your wages.  At any rate the repossession will be on your credit report for 7 years.
773401
Yes there are.\n\nThere are mortgage product available for owner who just received a "notice of Default".\n\nIf however the bank or lender repossesed the property or it was sold in an auction you would have to come up with private funds to redeem your property back.\n\nIf you are in California and need assistance in foreclosure bailout loans we can help\n\nRommel Mijares\nMortgage Specialist
461690
My first port of call would be contacting your bank. As banks are the one's who repossess, they should have a list. \n\nThere are a few companies who have their own lists - but you usually have to pay for this. \n\nGood luck.
935772
it really vaies state to state... there really is not limit- as long as ur apartment doesnt have a thing to do with the goverment-- ex- substdized, insured, etc\n\ni livved in denver-- very nice apt-- 3rd floor- fireplace, parking, pool, fitness, heat--- i paid 450 a month- a steal-- the 4rd year went to 875.... nothing could be done  \n\ncheck ur contract---... most cant be raised if u have a 1 year- within that year- unless the ownser occurs very high bills- like oil, eletric..\n\ngood luck
724048
Sorry Virginia is not a very kind state they won't help you. I lived in Virginia for most of my life and it is very hard to get anything wiped off your record even for such a great reason. Call a lawyer in Richmond they will usually give 1 free consultation.
56206
Recently sold my No. VA condo.  There was much paperwork but nothing that related to an occupancy lapse. It really does not make sense - you have paid for the property and are entitled to occupy it.  I would not buy a property from someone who denied me occupancy after settlement.  Of course there may be a rent back from new owner to the old owner, but this is discussed, agreed upon and incorporated into the Purchase Contract well before settlement. Call a Realtor in the area you are interested in - they are knowledgable (by law/license) and usually very eager to talk.