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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.
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What happens if you miss several payments with the collection agency?
They stop collecting
How can you find out if you have a repossession on your vehicle?
miss a couple of car payments and you will find out!
If you are two months behind on a payment can your car be repossed?
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.
How can you get back on track with missed car loan payments?
Just make a payment. The missed payments will show on your credit report but that's not really bad if you don't miss any future payments.
Who remitted Miss Emily's taxes?
Miss Emily's taxes were remitted by her accountant or financial advisor who handled her tax filing and payments on her behalf.
How many payments do you miss before wellsfargo forecloses in Oregon?
Not sure the case in Oregon, but usually after 3 missed payments, the foreclosure proceedings start.
How many payments do you have to miss before your car can be repo?
Depends on the lender. Legally, one!
How many chapter 13 payments can you miss without problems in TN?
Ha, that really is cute!
If you miss several pills can you get pregnant?
yes
How many payments missed before foreclosure starts in Florida?
Different places can have various restrictions when it comes to foreclosure. However, in Florida you can miss 3 payments and then the foreclosure will start.
How many house payments can you miss before it is repossessed?
once you are 90 days down they can start with a foreclosure.
If you have a judgment and miss several payments what are the benefits of paying again if it will come off your credit report in the next few months?
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.
