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While I know that everyone who has it happen to them "must" be the exception, the sad fact is that cars are not repossesed unless payments are substantially in arrears.
Given how much money is past due, and given the costs, time and hassle the creditor was made to go through to get your vehicle, it is unlikely that they wish to let you have it back.
However, if you call them (the finance company, not the repo men) and ask what it would take to get your car back, they may have some conditions, which if you agree to, will let you have your car back. Or they may just not wish to deal with you any more, which is their right.
If they agree to let you have it back under conditions, this will most likely be the payment of the arrears, and additional fees to cover their costs, or, if you are very lucky, a complete refinancing in which all that is put into your new - and larger - monthly payments. I doubt you'll be that lucky, though.
So call them. If their deal is something you can afford, go with that. If it is not, then start looking for a new car. Well, "new" to you, that is. It is doubtful that an auto finance company will wish to underwrite you again with a repo on your credit history. You'll have to get a used one, and one you can afford without a loan.
This is where a moderately well off brother-in-law comes in handy. I hope you have one.
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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.
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
Can a car be repossessed with a person in the car?
No.
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.
Where do you get a car after your car was repossessed?
im sorry you can not
Can you have a car repossessed?
Yes
Can a transfer of responsibility be made after car is repossessed?
No. Your car gets repossessed, it's on you. You don't get to pass that on to someone else.
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 do you do once your car has been repossessed?
I have a welding machine on the truck they repossessed can they keep that?
If you have never had a car repossessed you have had a house repossessed Can I still get a car loan?
Most likely not depending on what financial situation you're in.
