Actually one, I have repossessed cars for BMW where there customer was three days late. it all depends on the states laws I have a website that may help you avoid having your car repossessed. www.stoptheREPOman DONT LET TTHE BANK TAKE YOUR CAR BACK!
They usually repossess when you miss two or three payments. They seldom repossess if you've just missed one.
went through that myself its 3
Its usually 3 months when the bank starts the paperwork and harrassing you to make payments
60 days is usual for most lenders, however, it varies.
Not sure the case in Oregon, but usually after 3 missed payments, the foreclosure proceedings start.
They usually repossess when you miss two or three payments. They seldom repossess if you've just missed one.
oiuo
one
One.
went through that myself its 3
Its usually 3 months when the bank starts the paperwork and harrassing you to make payments
60 days is usual for most lenders, however, it varies.
Not sure the case in Oregon, but usually after 3 missed payments, the foreclosure proceedings start.
As soon as you have defaulted on the loan, a creditor can repossess your car. So 24 hours after you have failed to pay, they can repossess your vehicle without notifying you.
It depends on the bank but generally one missed payment is enough to call the cosigner
by law they can repossess your car if you are 1 day late. However, your best option is to get professional help.
It depends on your juristiction. Most juristictions around the United States of America can legally repossess your vehicle if you're late on your payment by just 1 month.