I hope you saved ALL of your payment reciepts! Unless it was part of your contract to maintain employment @ all times, and you state that you had a job. Does that mean you had a job at the time of repossesion? & your payments were all current? If so I would consult your attorney. I dont mean to be rude but something does not sound right. It sounds like you are doing buisness with a buy here pay here place.good luck to you.
Yes
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.
Depends on your jurisdiction. If you're late on a payment for just 1 month, it's legal for the car dealer to repossess your vehicle, but 27 days seems a bit uncalled for.
YES, if you are in default of the contract, the collateral can be repossessed. Read your contract again.
Your car can definitely be repossessed because of nonpayment. The bank can actually send a company to repossess your car.
A dealer can do whatever they want, they are not legally obliagted to sell you any car.
Yes. Once the lending agreement is in default the lender may take whatever action they choose in recovering the monies owed. It is a misconception that by making a partial or token payment the creditor will not be able to assert their legal rights. The lender can accept the payment, still repossess the vehicle or pursue litigation.
A dealer will never repossess, UNLESS they are also the financier. most dealerships sell the loan to a bank, whom you make payment to... this bank will be the "reposseser". Now, that's not to say that the bank will not notify local dealers to be on the lookout for a car they are actively chasing to repossess, but most of the time they will just come to your residence to serve the repo. I have never heard of a dealership doing so, because most banks have folks that can get your car by other means if they want it back bad enough.
Read the contract you signed. They very well may be able to repossess the car if you are 30 days late. Depends on the contract and your state laws. Legally you have defaulted on the agreement if you are 1 day late.
http://198.187.128.12/colorado/lpext.dll?f=templates&fn=fs-main.htm&2.0 start here
no it can't because the used car is used
Since the cosigners isn't paying, unless you start paying instead, and catch up on all late payments, the dealer or the bank will repossess the vehicle shortly anyway, so your question is moot.