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After it's been repossessed once, it's not your car anymore, so... once?
If it's repossessed and you're able to bring the loan current and redeem the car before it's sold so that you get it back, there's no limitation on the bank repossessing it again should you again fall behind. This could theoretically happen every single month of the loan, though in practice most lenders would insist that you either pay off the loan in full or give up the car on the second or at most third repossession.
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∙ 12y ago
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In Maryland how many times can your car be repossessed before you have to pay the full balance to get it back?
one time, be careful
In Kentucky how many car payments behind do you have to be before your car is repossessed?
Your car can be repossessed if you miss one payment. Not likely they would do that but it is possible.
What happens if you get your car repossessed?
if i get my car repossessed, can they put a llien on the house?
How can you locate your repossessed car?
Your car was probably repossessed by the lender who owns the car until you pay for it. Call your lender and they will be able to tell you how to locate your repossessed car.
Can your car be repossessed if you lose your job?
No, but your car can be repossessed if you don't make the payments.
Where can repossessed cars be bought?
Repossessed cars may be purchased from many car dealerships some specialize in repossessed vehicles and others may have the occasional defaulted payment. Another great place to find repossessed cars is with a financial institution, there are many people struggling, taking credit, the car is often the first thing repossessed when the loan is called in.
Can a car be repossessed with a person in the car?
No.
Can a car be repossessed from a car dealership?
if the car dealership does not pay for the car in full or pay their bills then the car would most likely be repossessed
When a car is repossessed what do you do with the insurance?
When a car has been repossessed the person paying the insurance should cancel it.
How many days after your car payment is due can your car be repossessed?
Legally, ONE.Actual practice?? 3-60
Where do you get a car after your car was repossessed?
im sorry you can not
Can you have a car repossessed?
Yes
