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I am 3 months behind on my mortgage? How long until they repo my home?
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∙ 12y ago
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If loan is not reaffirmed on a mortgage is the property still mine payments are made on time?
as long as you keep making payments the lender will probably not repossess the property. however, if you miss one payment the lender can repossess the property at any time.
Can you repossess a car that you cosigned for if the primary has not defaulted on the loan?
To repossess something, you must have had possession of it at one time or it must be collateral on a loan that you are the lender on. To co-sign only means that you agree to pay the notes if the primary buyer doesnt. Collateral for a loan that is NOT in default cannot be repossessed by the lender.
When can a car be repossessed in Texas?
In most instances when you get behind on your payments. The exact details of when the lender will repossess the vehicle is listed in the contract you signed when you took out the loan on the vehicle. Read your contract with the lender.
Can creditors take your second home in new york?
Should you default or become delinquent on any credit line/loan, the lender has the right to repossess your assets, regardless of whether it is your first home or fifth home. This can vary from lender to lender, and can only be confirmed in the agreement you signed with your lender. In general, yes, they can; contact your specific lender for confirmation.
Does the lender on a car loan have to notify the cosigner before they repossess the car in TN?
They should since they are just as responsible for making payments as the primary.
If loan is not reaffirmed on a mortgage is the property still mine payments are made on time?
as long as you keep making payments the lender will probably not repossess the property. however, if you miss one payment the lender can repossess the property at any time.
Can they repossess your car the day after they receive a partial payment?
As long as you are in DEFAULT of the contract, the lender can repo the collateral.
How long after non payment is lender able to repossess auto in the state of fl?
One day past the grace period is permissible.
Can a sheriff repossess your car for your lender?
Well to put it simply..... YES
How long after they repossess your car do they have to wait before they resell it?
No one can answer this question. It depends on many factors. Here is a thought. Call the lender and ask them.
Can a lender still repossess your car after a lawyer told you to tell them that you were claiming bankruptcy?
The lender has to get the STAY lifted before they can repo.
If you are threatened with a repossession can you pay the balance before they repossess the car?
IF the lender accepts it you can.
Can a lender repossess a vehicle if you send less than the asked for monthly payment?
AS long as you are in DEFAULT on the contract, the lender can repo the collateral. Usually that also means have full coverage ins also. Read your contract again.
How long before they can repossess you car in Virginia?
The lender can legally take the vehicle one day after the payment is due. That is, on the day the payment is late, the lender can begin repossession efforts. The day the payment is late, the contract is void.
House was repossess can you still get a mortgage?
it is quite unlikely that you will be able to get a mortgage lender with that history.
Can a lender repossess a car if you do not pay down payment?
Yes, you made a financial pbligation by signing the documents for the sale of this car. So, they can legally repossess that vehicle.
What can you do with a lender when you can't pay for the car anymore?
You can contact them and sometimes you can work out a deal with them. If not, you can allow them to repossess the car. Contact the lender and they will tell you where to take the car.
