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AnswerREAD your contract where it mentions DEFAULT, usually its ONE DAY to be in default. It is up to the lender as to how far you get behind and that depends on how you deal with it. AnswerDespite common belief the number of payments a debtor is behind actually has very little to do with an order of repossession being placed. Since I have been taking vehicles back for the past 19 years I would say that the number one thing that stops repossession or at least prolongs it is the one thing most people avoid. TALKING TO YOUR BANK OR FINANCIAL COMPANY. Now I have heard people say "Well I tried to reason with them and the person on the other end of the phone was rude and threatening in their manner" Unfortunately you will get people like this who spend all day on the phone being lied to and manipulated by debtors. I cannot tell you how to deal with this type of person other than to ask for a senior collection specialist or someone above this idiot. However if you are polite (even if they are not) and you let them know your financial sitution and keep them abreast as things change then they will not send me out to pick up the vehicle. WHY??? Because all they need is some communication and reassurance that you are not crossing the border never to be seen again. Basically they want to keep you in the loan and if you can make half payments or ask to have one deferred (moved) to the end of the loan then this can buy you quite a bit of time. I've seen someone tell their bank to drop dead and then get repoed within 24 hours and I've seen someone work with their bank for 6 months and never make a single payment that entire time. Now these are both extremes but somewhere in the middle is reality and if you work with them and let them know your current address and that you are looking for work then all will go well. I even told this girl I knew to contact her bank and tell them she was actively looking for work and they interviewed her and hired her. Two years later she was the collections manager and sending me her repos. TALK TO YOUR BANK OR FINANCIAL COMPANY.

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Q: How many payments behind do you have to be before they can take your car?
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