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Can your car be repossed if you miss several insurance payments?
Wiki User
∙ 12y ago
YES.
The bank or lender, who owns the vehicle ( You don't own it until ALL the payments have been made ) are within their rights to take it back as you are not insured if you don't PAY for the insurance. You are risking THEIR property, the car, by not having insurance coverage on it continually.
Remember, you DON"T own it until ALL the payments have been made in full. Until then the company that LOANED you the money to buy it , OWNS IT.
Wiki User
∙ 12y ago
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How can you find out if you have a repossession on your vehicle?
miss a couple of car payments and you will find out!
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First off it is not your car. The car belongs to the lender until you pay for it. Legally if you miss 1 payment you are delinquent and they can start repossession proceedings on their vehicle.
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Miss Emily's taxes were remitted by her accountant or financial advisor who handled her tax filing and payments on her behalf.
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Depends on the lender. Legally, one!
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Ha, that really is cute!
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If you miss several pills can you get pregnant?
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The benefit is that regardless of the removal from the CR, the judgment is valid. It is a court order and judges/courts do no like being ignored..if you get my drift.
