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YES, making the down payment is part of the contract and you are in default on it.

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βˆ™ 2015-07-14 16:09:25
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Q: Can a car be repossessed if you are late making the remainder of the down payment but have been on time making the car payment?
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Related questions

Can furniture be repossessed if payment has not been made in 6 months but you start back making payments?

Yes, furniture can be repossessed if you start making payments again after 6 months, especially if the missed payments are not caught up. The creditor can refuse the payment if court proceedings are already in progress.


How do you get a title for a car that has been charged off for non payment?

Pay it off. It will still likely be repossessed.


What is the time frame to repossess a car in Texas?

Under Texas law, a vehicle may be repossessed even if payment was only late for 10 days. This means that is payment was due on the first day of the month, and payment has not been settled on the tenth, then, vehicle will be repossessed on the eleventh.


What has to happen before a creditor can have your care repossessed?

A car cannot be repossessed until the owner has missed several car payments and the owner has been notified of late payments. In most states a car can be repossessed after three months of non-payment.


Can a vehicle be reposessed for late fees on the loan?

It depends on how many times you've been late on vehicle payments. Most of the time though as long as you are making a payment of some kind on the loan your vehicle will not be repossessed.


What do you do once your car has been repossessed?

I have a welding machine on the truck they repossessed can they keep that?


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.


My husband died a year ago. Can the finance company repossessed my deceased husband's vehicle although I have been making timely monthly payments?

no


Can a car be repossessed when all payments have been made?

Yes, if there is a breach of the lending contract, such as non payment of late fees or penalties, lapsed insurance coverage and so forth.


Can a repossessed car be reported stolen if you can't find it?

If you want to be charged with making a false report on top of losing your car. If it has been repossessed legally, you have no real claim on it and aren't supposed to find it. Pay what is owed on it and whoever has it must produce the car.


Can a motorcycle that has been taken apart be repossessed?

i heard u can


Can a cosigner have a car repossessed if the loan has been in arrears?

yes

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