Stop House Repossession » happens http://stophouserepossession.net News, Guides, Solutions & Updates on Stopping A House Repossession Mon, 21 May 2012 16:15:57 +0000 en hourly 1 What happens in a repossession when the car is worth more than the loan? http://stophouserepossession.net/questions-answers/what-happens-in-a-repossession-when-the-car-is-worth-more-than-the-loan/ http://stophouserepossession.net/questions-answers/what-happens-in-a-repossession-when-the-car-is-worth-more-than-the-loan/#comments Thu, 02 Sep 2010 01:03:58 +0000 admin http://stophouserepossession.net/questions-answers/what-happens-in-a-repossession-when-the-car-is-worth-more-than-the-loan/ I would like to know what happens if a car is repossessed and sold at auction, if the sale nets more money than the loan’s value. So if for example $4000 were owed on a car, and it auctioned for $6500, who gets the extra $2500?

]]> http://stophouserepossession.net/questions-answers/what-happens-in-a-repossession-when-the-car-is-worth-more-than-the-loan/feed/ 7 What happens when you turn your car in for a voluntary repossession? http://stophouserepossession.net/questions-answers/what-happens-when-you-turn-your-car-in-for-a-voluntary-repossession/ http://stophouserepossession.net/questions-answers/what-happens-when-you-turn-your-car-in-for-a-voluntary-repossession/#comments Sun, 06 Jun 2010 01:03:59 +0000 admin http://stophouserepossession.net/questions-answers/what-happens-when-you-turn-your-car-in-for-a-voluntary-repossession/ Other than a horrible bad credit…what does this process entail?

Do I owe them anything? HOw do I go about doing this?

]]> http://stophouserepossession.net/questions-answers/what-happens-when-you-turn-your-car-in-for-a-voluntary-repossession/feed/ 5 What is the statute of limitations for auto repossession?What happens after 7yrs and it off the credit report? http://stophouserepossession.net/questions-answers/what-is-the-statute-of-limitations-for-auto-repossessionwhat-happens-after-7yrs-and-it-off-the-credit-report/ http://stophouserepossession.net/questions-answers/what-is-the-statute-of-limitations-for-auto-repossessionwhat-happens-after-7yrs-and-it-off-the-credit-report/#comments Sun, 23 May 2010 01:03:55 +0000 admin http://stophouserepossession.net/questions-answers/what-is-the-statute-of-limitations-for-auto-repossessionwhat-happens-after-7yrs-and-it-off-the-credit-report/ After 8 years and a repo is removed from you credit report. Can another company try to collect? What is the statute of limitations on this matter?
It never went to court. No judgement.
I don’t have the car. It was repoed 8 yrs ago.

]]> http://stophouserepossession.net/questions-answers/what-is-the-statute-of-limitations-for-auto-repossessionwhat-happens-after-7yrs-and-it-off-the-credit-report/feed/ 3 What happens to the renters when the house goes into foreclosure? http://stophouserepossession.net/questions-answers/what-happens-to-the-renters-when-the-house-goes-into-foreclosure/ http://stophouserepossession.net/questions-answers/what-happens-to-the-renters-when-the-house-goes-into-foreclosure/#comments Sat, 01 May 2010 01:27:47 +0000 admin http://stophouserepossession.net/questions-answers/what-happens-to-the-renters-when-the-house-goes-into-foreclosure/ My friend moved into a rental home a few weeks ago. Today she was out in her front yard and the neighbor told her that the owners are in the process of foreclosure. She was not aware when she signed the lease and also put down a damage deposit.

♦What will happen when the house gets auctioned?
♦What will happen to her damage deposit?
♦Is she S.O.L or what are her rights?

]]> http://stophouserepossession.net/questions-answers/what-happens-to-the-renters-when-the-house-goes-into-foreclosure/feed/ 5 What happens to house in foreclosure when someone dies.? http://stophouserepossession.net/questions-answers/what-happens-to-house-in-foreclosure-when-someone-dies/ http://stophouserepossession.net/questions-answers/what-happens-to-house-in-foreclosure-when-someone-dies/#comments Wed, 28 Apr 2010 01:24:29 +0000 admin http://stophouserepossession.net/questions-answers/what-happens-to-house-in-foreclosure-when-someone-dies/ My mother died and did not make specific bequest for condo as it is going into foreclosure. It was refinanced 2 years ago with a negative amortization loan. The loan is due to recast and none of her children can take over the loan. She was “upside down” and in this housing market (in Las Vegas) there is no chance of selling. If the foreclosure proceeds, how will this affect the surviving children? Can they be held responsible?

]]> http://stophouserepossession.net/questions-answers/what-happens-to-house-in-foreclosure-when-someone-dies/feed/ 6 What happens when your house goes in foreclosure? http://stophouserepossession.net/questions-answers/what-happens-when-your-house-goes-in-foreclosure/ http://stophouserepossession.net/questions-answers/what-happens-when-your-house-goes-in-foreclosure/#comments Fri, 23 Apr 2010 01:33:53 +0000 admin http://stophouserepossession.net/questions-answers/what-happens-when-your-house-goes-in-foreclosure/ My house is now in foreclosure, and we received notice that it is going up for a public auction. If the house. sells at the auction how long do I have to get out of my house?

]]> http://stophouserepossession.net/questions-answers/what-happens-when-your-house-goes-in-foreclosure/feed/ 5 what happens to property in a house after foreclosure? http://stophouserepossession.net/questions-answers/what-happens-to-property-in-a-house-after-foreclosure/ http://stophouserepossession.net/questions-answers/what-happens-to-property-in-a-house-after-foreclosure/#comments Tue, 13 Apr 2010 01:24:28 +0000 admin http://stophouserepossession.net/questions-answers/what-happens-to-property-in-a-house-after-foreclosure/ My friends property he had in the garage of the house was taken by the company doing the foreclosure. The house was foreclosed on and they took all of his property, car, sound equipment, dryer… that was in the garage of his house that they foreclosed on. what are the laws regarding the property. Are they not supposed to put it in storage for a period? Where do I find the law?

]]> http://stophouserepossession.net/questions-answers/what-happens-to-property-in-a-house-after-foreclosure/feed/ 8