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Yes, if other terms of the contract are breached, such as having no car insurance.

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โˆ™ 2009-07-26 15:50:57
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Q: Can a car be repossed after payments have been made?
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Related questions

What happens to payments made after a car is repossed?

Payments made after a car is repossessed will no longer be returned to the debtor. In fact, the lender can still require the debtor to pay the remaining balance of the loan.

Can you get your car back after it has been repossed?

yes you would have to pay all the back payments and probably a fee.

Can your car be repossed if you miss several insurance payments?

YES. The bank or lender, who owns the vehicle ( You don't own it until ALL the payments have been made ) are within their rights to take it back as you are not insured if you don't PAY for the insurance. You are risking THEIR property, the car, by not having insurance coverage on it continually. Remember, you DON"T own it until ALL the payments have been made in full. Until then the company that LOANED you the money to buy it , OWNS IT.

You stop making payments and they come get the car can they take you to jail for not making the payments?

No, once the car is repossed by the seller, you will not be arrested but the company will often resale the car at auction and can sue you for the remainder of what you owe including interest.

How many payments can be missed before car will be repossed?

Depending on where you have it financed, it usually is between three to four months when they will start the process.

Who is liable if parts are sold from a repossed car?

The person or company that repossed it.

Can you get your property from the car if it has been repossessed without paying a fee?

Can I get my personal property from the car if it has already been repossed without paying a fee?

What are the legal grounds for repoession?

Legal grounds are payments not being made...usually if there is a car involved, if 3 payments have not been made in a row and there has been no contact made with the signers. Reposession will be put into play.

Can someone repossess your car if the payment is 3 days late and it is not stated anywhere in the contract and you do have insurance and all other payments are made?

payment late?? then its NOT on time and in DEFAULT. WHAT is not stated in the contract??? No lender is going to repo a car when only one payment is 3 days late. If you have made all the payments on time and you are only 3 days late, and they repossed your car, you need to contact the lender and see what is going on. Something is not right here.

If you still owe a considerable amount on your car that isn't running should you continue to make the payments and insurance or voluntarily surrender it or sell it and take out a loan for the balance?

Sell or continue to make the payments. Do not let the car be repossed. This would hurt your credit and is the last thing to do.

Can a repossessor of a vehicle take the car out of your garage what if you are living in a rental property?

Yes they can. I was renting and had my car in the garage. When I saw them come to take the car I freaked out! It was like I was watching someone rob me blind when in reality I was robbing them by not having made the 4 payments. No sweat, I was able to get another car the very next day - even after I admitted my car was just repossed.

What if the bank never sent payment book out to let you know that they will be handling your accountbut you have been trying to fid out who do you pay for 4monathing now gmac repossed the car what do?

When you purchased the vehicle you assumed the responsibilty for making the payments. For most finance companies their terms for default allow more than ample time for you to have made arrangements. If they failed to send you a payment book you should still have known you had payments to pay.

How many times can you be late on payments before the car is repossed in Maryland?

ANY LENDER, by law, can reposses your car if your 1 day past due! There is no stopping them. You need to act fast before it is too late.

Can a car be repossessed if involved in bankruptcy?

Depending on your state... a car that is included in a Chapter 13 Bankruptcy cannot be repossed. The Bankruptcy laws protect you from repossession. Just as long as you are in Chapter 13 and are making payments to the Trustee, your car cannot be repossessed.

How many payments can you be behind before your car go into repossession?

As little as 1. Depends on the lender and the agreement you signed. Read the loan agreement. My advice. Call the lender and talk about this. Work something out! You do not want your car repossed.

Can a truck be repossed for buyers stated intent not to pay?

Uh yes. You no pay, truck get taken away. If you are having difficulty making payments try to negotiate lower payments. It costs a bank considerable more to reposses the car than to renegotiate.

Your car was repossessed how can you get your car back?

If your was repossed you need to call the car company and pay your car

How do you find out who repossed your car?

The lender who holds the note on your car, is the one that repossessed your car.

Can my car get repossed from a private parking lot?

Yes, it can.

If your car gets repossed can you get your possessions that you had inside?


How do get your repossed car back in Arizona?

Pay what you owe.

Can a military members car be repossed?

Anyone's car can be "repossessed" if they don't make their car payment.....

What happens if I can't payoff my car by the maturity date?

get repossed

Does car insurance go up when you turn 72 years old?

depends on if you are a safe driver and has no driving or any other violations, or a naughty driver where your car has been repossed or what.

Can a used car dealer repossess a car that is not in delequent of payment?

No, and why would they? If the payments are up to date and have been made on time, there would be no reason for the dealer to repossess the vehicle.