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Can a finance company repo your car after 7 months of non payment?
Wiki User
∙ 11y ago
In many states it only has to be 30 days late. 7 mos. is more than time req'd in any.
Wiki User
∙ 11y ago
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Is it true you have to be six months behind on a car payment in the state of Nebraska before it can be repossed?
Technically they can repo your car after 30 days. Depending on the finance company
How many months without making a payment will the vehicle be taken?
The finance company has the right to repo a vehicle the day after the payment is due if it is stated in your contract. they usually wait till you are 30-60 days past due.
HSBC Auto Finance was supposed to take my car- it's been 4 months. When should they come and get it from me?
Is this a voluntarily repo are you owe 4 months of payment?
If you have paid a payment and the finance company accepted it but still sent the repo man for your car can you get your last payment back?
NO, you owed it, you sent it in and its gone now. sorri
If your car was repossessed for a payment that the finance company forgot to record are you still responsible for the repo fee?
IF you were NOT in DEFAULT, then it was a wrongful repo and you shouldn't have to pay. Call a local attorney NOW.
Can a finance company repo your car if you are current on payments?
No...if you are completely current...and have nothing owing from previous months..again no.
When can a finance company can legally repo a car?
In most cases immediatly upon default (non-payment) Read your finance contract, there should be a due on demand clause. Hope this helps.
If I pay bi weekly and have missed one payment. Can they repo my car?
You will have to speak with your finance company to determine when they will repossess your car. Each company has different rules and requirements and in most cases if you contact them about the missed payment they may be able to make payment arrangements with you.
Do the police need to be contacted before a repo?
It depends on the locality. In Tennessee, no. A finance company can repo a car at any time if the payment is past due. In some states, it requires a court order and police officer sometimes accompanies the repo agent to the location.
Can you sue the repo man if he takes the truck after you filed bankruptcy?
(A): "Can you sue the repo man if he takes your truck after you filed bankruptcy?" (B): The answer is "No". The truck is the property of the dealer, or finance company, until your final payment to them is made, and the receiver in bankruptcy may not seize property of which title belongs to a second party (dealer or finance company). Chris
If you make a parshall payment on your loan can the loan company still come after your car?
YES they can. A partial payment is not the full amount owed, so they can repo the car. If they say they won't if you do this--get it in writing, or re-finance the car.
Can a finance company in Texas repossess a vehicle if one payment is missed?
Check your loan documents but they can if you are one day late. Most don't because they really want the money. Three to six months late on payments the REPO man will be looking for ya.
