answersLogoWhite

0


Best Answer
Copy

Not knowing what state you are in...YES it can. Few states require "notice" if you are referring to "right to cure". None require NOTICE, we are goona repo yo ride. Notice is when they bug you for 60 days wanting to get you to pay, answer the phone, quit pretending its a wrong number,ect. IF you were in default of the contract, they can repo, even ONE day late, IF they want to.

User Avatar

Wiki User

โˆ™ 2015-07-15 18:39:51
This answer is:
๐Ÿ™
0
๐Ÿคจ
0
๐Ÿ˜ฎ
0
User Avatar

Add your answer:

Earn +5 pts
Q: Can a repossession be legal with no notice if an extension was made on the payment?
Write your answer...
Submit

Related Questions

Is it legal to carry a firearm during a repossession?

Repossession of what? Who? The repo agent?


What will happen when a loan on a motorcycle has been defaulted and the finance company will not reprocess it?

If guess you mean "refinance" when you say "reprocess", the answer is repossession. Loans in DEFAULT are subject to repossession of the collateral and payment of the balance owed by voluntary or legal means.


Does a landlord have the right to collect rent on a home with a notice of default?

As long as the landlord is in legal possession/ownership of the property and as long as you are residing on/in his property, yes. His notice of default has no legal effect of putting a "stay" on your payment of rent.


Is it legal to keep a vehicle in my garage to avoide repossession?

No, it's NOT legal.


Is it legal to reposes a car 8 days before the payment is due and five days after purchasing the vehicle?

That sounds odd, repossession is usually done when you've missed payments.


What is a legal order payment and bank fee?

It is an outstanding unpaid bill that a company has claimed a lien on your account to pay for. It may be a car repossession that has never been paid off and all other contact has been ignored and/or the payment criteria has not been met.


Is it legal to threaten aBorrower in Florida with legal or criminal action by repossession agents?

Legal action is permitted, criminal action is not.


What is the legal definition of posted?

v. 1) to place a notice on the entrance or a prominent place on real property, such as a notice to quit (leave), pay rent, or a notice of intent to conduct a sheriff's sale, which requires mailing of a copy to the occupant to complete service of the notice. 2) to place a legal notice on a designated public place at the courthouse. 3) a commercial term for recording a payment. 4) to mail.


Can a repossession man come to place of employment and ask to see a person?

Is is legal for a repossession guy to come to place of employment and ask for a person?


What is legal tender money?

a legal medium of payment


Is it legal to hand write an eviction notice?

for what i know it is not legal to have a hand written eviction notice in the state of ny also the landlord must go to court to legal eviction notice


Is it against the law to repo someones car if there barely a day late?

This might help you to visualize this better.Let's say the car payment was due on the 10th of the month. At midnight, you still have not made that payment, and at 12:01 am on the 11th, the repossession agent hooks up to your car in your driveway and drives away. No, it is not against the law, PROVIDED:The lender has contracted the agent to recover the vehicle.The lender has provided a legal order of repossession.And, the repossession agent has followed the repossession and collection laws of the US and the state.It is not likely that this would occur though. The logistics of the situation take time. This is part of the reason most lenders have a five to ten day grace period.The more likely scenario is that the payment was due on the 10th, was not paid, the five day grace has come, and the payment has not been made. During the five days since the 10th, the lender has contacted the repossession agency, has sent them an order for repossession (electronically), the account has been entered into the repossession agencies system, the account has been assigned to an agent, and at 12:01 am on the 16th, the repossession agent secured the car in your driveway and affected recovery.Your car being repossessed is not the fault of the lender or the repossession agency in most cases. In the majority of cases it is the fault of the borrower, either from personal failure or unforeseen circumstance.


Is it legal for the owner that financed your car hold your personal belongings until damages to car are paid before repossession?

NO, it is NOT legal.


What is legal during a car repossession in Ohio?

NONE OF THE ABOVE. Call an attorney ASAP.


Is the legal payment date the date the transaction is initiated or the date the payee receives the payment?

The legal payment due date is the date specified in the contract. The actual payment date is the date the payment is initiated by the payor unless specified otherwise in the contract.


If your loan is not 30 days over due and you have the money to pay the payment can the bank refuse your payment?

Yes. When a contract becomes defaulted, the lender does not have to accept payments or futher negotiate with the borrower unless they choose to. Most lenders will try to work with the borrower rather than resort to the expensive process of repossession or legal actions.


Is it legal for a cashier to refuse to accept coins in payment for goods or services?

The coins are legal tender for debts public and private. It is not legal to refuse coins for payment for goods and services.


What is considered an illegal repossession?

Repossession laws vary from state to state. States also have different provisions for different types of property. You would need to be more specific about the circumstances, the property and the state where the repossession would take place. Your question should be reformed to ask, "Is a repossession under the following circumstances legal"? Asking what is considered an illegal repossession is much too broad a question.


What if your spouse is in arrears for child support?

You should send him a notice through your lawyer and tell him that he is already is behind in payment of child support. And that legal action will be taken against him if he doesnot pay up.


What if you didn't get a notice about the repossession?

Notice of RepossessionIn 9 (nine) states the lienholder has to send you a "right to cure" letter before they can repo. The time given ranges from 5 to 20 days depending on the state. Other than that, the lender has been trying to contact you for 0 to 60 days and obviously didnt get a response. So you get repoed "without notice". Here are more opinions and answers from Wiki s users:You know if you have paid the payment or not. It's not the bank's job to let you know that they are going to repo the car. I made my car payment on my husband's business account, in which I am not a signer. I did this by complete mistate. The check was returned and the bank repoed my car without informing me that I had a returned check. During the repo, the landscape work done on our property was torn up. The tow truck drove over all of my plants."I didn't get a repossession notice." is about as ridiculous as saying "I didn't know I had a car payment." The bank owns your car (not you) until it is paid off. If you LEND (exactly what a bank does when they give you a LOAN for a car) your neighbor your lawn mower and it's sitting in his yard the next day after he used it, don't you have the right to take it back? Same concept. If people would only READ the loan contracts they sign, then they wouldn't be so "shocked" when their car gets repossessed after they don't make the payment for 4 months.The bank does not own your car until it's paid off, you do. The rights you have are almost infinite. If people only knew all they had to do to stop the repo man was say "Don't take my car." Well, if only most repo men would listen. Once that is said and the car is still taken, they can be held liable in civil court. It's what is known as an "unequivocal oral protest" and most state case law will back it up. But unless you have a payment receipt from the bank, you cannot prove to the repossession agent that you have paid.Post-Repossession Notice: Under California law, the creditor must send you and any co-signers a special post-repossession notice. The post repossession notice tells you about your right to reinstate the loan, and must contain nine special disclosures. You should have an attorney review the post-repossession notice if you have been sued or contacted by a collection agency. If the post-repossession notice was never sent, or if it does not contain all the required legal disclosures, the creditor may not collect any money from you.If you succesfully hid your car from the Repo man the next step for the creditor to do is take you to court and even if you lose, the Court will give you a "Right to cure" letter stating that you have 20 days to make your car payment current. Which should give you plenty of time to catch up. But if you think there is no chance to make your car payment current, even with this delaying tactic, the best way is to negotiate or re-schedule payments with your creditor.By the way, if you decided to negotiate with your Creditor to make a payment arrangement or whatever necessary arrangement to avoid repossession, never negotiate with any representative that does not have any authority. He will only demand the car be returned or the payment made current. Speak, e-mail or send a letter to the Manager or Supervisor that has the Authority to negotiate or alter the loan agreement. In the meantime, hide the car from the Repo man till you decide what you want to do.My car was repoed because the bank told us they had combined my husband's truck payment with my car. Therefore "our payments" were one. Every payment was made under "both" names. Two months later our bank called me and said I was $800 behind, which of course I did not know, and the bank demanded the money stating that we knew our payments weren't combined yet. Therefore, my car got repoed 2 days later because I had no extra money to pay the $800. The funny thing is, every time we made our payment, we asked the woman if she was sure they were combined and we were told, "Yes they were combined". Unfortunately, you have to have a copy of the paper you signed to combine payments with "both" vehicles listed on it. Unfortunately for me, and the lesson was learned, only one vehicle was listed on that paper that my husband and I both signed to combine payments.


What is Notice of Claim?

A Notice of Claim is typically a legal notice. It is given to you to inform you that you are being sued in small claims court.


What is the maximum days limit to answer a legal notice?

It depends on the notice and jurisdiction. Most notices say on the notice how long you have to respond.


What is the legal mimimum payment to sibling in a will?

There is no such thing as a minimum payment. There is no requirement that anything be left to a sibling.


What is one way to stop repossessions?

One way to stop a repossession on anything is to make sure your bank actually has the proper paperwork filled out, and if not, file for a legal injunction to stop or delay the repossession.


Can repossession companies find out where your car is registered?

Of course. They have the VIN and are the legal owners until you pay it off.