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Not unless the borrower can also prove the lender agreed to accept the late payments in lieu of repossession action. Once a contract is in default the lender may take whatever means allowed under the laws of the debtor's state to recover the property and/or debt.
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What causes the repossession of a car?
If you do not want your car repossessed, then you need to keep up with the payments on your car. If you are behind on payments, then your car could be taken away from you legally.
Can a car be repossessed if you are two payments behind?
Legally if you miss 1 payment you are delinquent and they can start repossession proceedings on their vehicle.
How many payments in the state of Texas can you be behind for repo?
Legally if you miss 1 payment you are delinquent and they can start repossession proceedings on their vehicle.
Do the repossession people have the right to suspend your license plate?
According to my dad i think that they are not legally able to suspend your license plate until you can pay the payments back.
Can a consumer legally hide a motor vehicle in repossession?
No you can not "legally" hide a vehcile being sought for repossession. In most states you can be charged with a felony for hiding one.
How many payments can you miss before your car will be repossessed?
Legally if you miss 1 payment you are delinquent and they can start repossession proceedings on their vehicle. Remember it is not your car until you pay for it. It belongs to the lender.
If a cosigner has been making payments on a car at what point can they legally have the car seized and put in their name?
That would depend on the repossession laws of your state of residency. Or if different, the state where the loan was procured for the vehicle.
Can a vehicle repossession agent legally call your job and pretend to be a cop?
No.
What actors and actresses appeared in Legally Challenged - 2010?
The cast of Legally Challenged - 2010 includes: Dee Marshall as Jen Rohit Sawhney as Dean Aka Dinesh Aditi Seal as Priti
Owner of car stole it back from repossession company?
If it was repossessed legally then he is guilty of theft
How far do you have to be behind on your payments to legally repo in Florida?
ONE day.
If payment terms are payment in 60 days is that legally when payment is sent or when it is received?
When payment is received. But, most lenders offer a grace period for receipt of payments, partially for this reason. Your best bet is to give no less than three days mail time for a payment to be received.
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