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When the owner defaults on the loan payments

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โˆ™ 2009-03-19 12:52:28
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โˆ™ 2020-09-22 20:17:14
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Q: When can a bank repossess someone's car?
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Related questions

When can a bank repossess someones car?

As long as the bank is listed as the lienholder on the title and as long as you owe them money and haven't paid they can repossess the car.


When a bank repossess someones car?

As long as the bank is listed as the lienholder on the title and as long as you owe them money and haven't paid they can repossess the car.


When can a bank repossess someone car?

when he has a credit


If you have two car loans at one bank can the bank repossess both even?

Yes they can repossess everything that you got a loan for.


Can a bank repossess a car who's registration is past due?

no


Can a bank repossess my car if I am making some sort of payment?

If you aren't paying in full they can repossess the car. To a bank " some sort of a payment " doesn't count. Call them and make arrangements.


Can the bank repossess a car after 8 months of asking them to get it and no action from bank?

YES, as long as the car is collateral for a loan, they can repo it.


How much has to be owed for a bank to repossess a car?

it is up to the bank to decide. Legally, as little as 1 cent.


Does the bank have to notify you before they repossess your car?

I have NO IDEA, WHY look here if there is NO ANSERS


Can a bank take a car that some else as a lien on?

Yes, the bank has the right to repossess the vehicle if you are in arrears on payments.


If a person dies can you give car back to bank?

If the bank holds the loan, then yes. If the payments are stopped, the bank will repossess anyways.


When can a bank reposess a car?

A bank can repossess a car at any time the loan has defaulted. Many times a bank will wait until a payment is 2 to 3 months behind before repossession.

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