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you only have to be 5 mins late on your payment .. lol no joke any time the lender has reason to believe that you are void of your bill of sale ... it is too their descression, as long as they follow the law as they do it .. Repo Joe - Cincinnati Ohio
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Car repo in ny?
A car can be repossessed in the state of New York if payments are late or defaulted. The only way to not get a repossessed is to make your payments on time.
Can your car still be repossessed if the payment is 30 days late?
Absolutely.
Can your car be repossessed before being 90 days late?
Yes
How many days late on car payment before it can be repo?
The length of time that a car payment can be late without being repossessed will depend on the bank or car dealers agreements. Payments made after a month may be in jeopardy of being repossessed.
What has to happen before a creditor can have your care repossessed?
A car cannot be repossessed until the owner has missed several car payments and the owner has been notified of late payments. In most states a car can be repossessed after three months of non-payment.
How late does your payment have to be before your car can be repossessed in Florida?
Its NOT a matter of HOW late, just that you ARE late. Read your contract. That should explain when you are in DEFAULT.
If your car is about to be repossessed is it too late to make your account current with the creditors?
No, it is probably not too late. It certainly will help your credit either way. Call them immediately. Do not allow it to be repossessed if at all possible.
You are late 10 days on your loan against your car and the financial institute is harassing you that they are going to repossessed the car can they do that being only 10 days late?
Yes, they can!
Can your car be repossessed after being late a few days?
It can be. but generally wont be unless its your first payment.
Can your car be repossessed if the payment is two weeks late?
READ your contract. If you are in DEFAULT of the terms, you can get repoed.
Your car was repossessed but i got it backi still owe late fees though can they repossess the car a second time?
YES, sorry btdt
Can a car be repossessed for late fees we have never been late on the payment but got late fees?
If your payments are current, they're not coming to repossess your car. Trust me, the finance company would much rather have your money than your collateral (i.e., the car).
