answersLogoWhite
Ask
Auto Loans and Financing
Repossession
Roman Empire

Can a repossession be legal with no notice if an extension was made on the payment?

575859
Answer

Top Answer
User Avatar
Wiki User
2015-07-15 18:39:51
2015-07-15 18:39:51

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.

1
0

Related Questions

User Avatar

Repossession of what? Who? The repo agent?

User Avatar

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.

User Avatar

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.

User Avatar

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

User Avatar

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.


Copyright © 2020 Multiply Media, LLC. All Rights Reserved. The material on this site can not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Multiply.