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.
one time, be careful
Your car can be repossessed if you miss one payment. Not likely they would do that but it is possible.
if i get my car repossessed, can they put a llien on the house?
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.
No, but your car can be repossessed if you don't make the payments.
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.
if the car dealership does not pay for the car in full or pay their bills then the car would most likely be repossessed
No.
When a car has been repossessed the person paying the insurance should cancel it.
Legally, ONE.Actual practice?? 3-60
im sorry you can not
Yes