answersLogoWhite

0


Best Answer

Yes, furniture can be repossessed if you start making payments again after 6 months, especially if the missed payments are not caught up. The creditor can refuse the payment if court proceedings are already in progress.

User Avatar

Wiki User

โˆ™ 2014-06-13 21:16:56
This answer is:
๐Ÿ™
0
๐Ÿคจ
0
๐Ÿ˜ฎ
0
User Avatar
Study guides
๐Ÿ““
See all Study Guides
โœ๏ธ
Create a Study Guide

Add your answer:

Earn +20 pts
Q: Can furniture be repossessed if payment has not been made in 6 months but you start back making payments?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

If a financed vehicle is contracted with another person who is not making payments can it be repossessed?

If you're asking whether the vehicle can be repossessed for non-payment, it can, regardless of who's supposed to be making payments. Whoever appears on the contract or paperwork for the car is responsible for the payment, regardless of what informal agreements may be in place.


Can your car be repossessed if it was in an accident and nearly totaled?

If you weren't making your payments yes. It would only be repossessed if you weren't making your payments.


Can a car be repossessed if you are late making the remainder of the down payment but have been on time making the car payment?

YES, making the down payment is part of the contract and you are in default on it.


Car was repossessed with no letter of intent sent no notice of actionwas law violated?

Your car can be repossessed at any time without any warning if you aren't making your payments. It is probably in your paperwork in the fine print what happens when you don't make your payment.


Can a motorcycle be repossessed if you haven't made payments in 6 months and then started making payments again?

Technically you breached the contract with the lender if you did not make payments in 6 months. They actually have the right to NOT accept further payments from you. So yes, it can still be repossessed.


Can a vehicle be repossessed if you allowed a military person to take over vehicle payments and he has not paid anything?

it doesn't matter if the pope takes over your vehicle payments. if he stops making them, your credit is damaged and the vehicle is repossessed.


Can a vehicle be reposessed for late fees on the loan?

It depends on how many times you've been late on vehicle payments. Most of the time though as long as you are making a payment of some kind on the loan your vehicle will not be repossessed.


Can making a large payment towards your principle lower your car payments?

Yes.


If a car is repossessed and you agree to make some kind of payments ever month will they still list it on your credit as a repo?

Yes but it will also list that you are making payments!


Should I keep making payments in a VW diesel car?

If you keep on missing payments on your auto loan, there is a high chance that the vehicle may be repossessed by the bank.


The idea of making a small down payment for an item and making regular payments on it is called the?

Installment plan


The idea of making a small down payment for an item and making regular payments on it is called the .?

Installment plan


Can you still owe money on a car that was repossessed and resold to another buyer?

yes. When a vehicle is repossessed by the bank it doesn't mean that you stop making payments. You are still liable for the loan.


Can you get your repossessed car back if you file Chapter 7 bankruptcy and start making payments?

You will have to ask your bank about that. They are in control now.


If a person is making payments on a motorcycle when do they get the title?

About 2 weeks after you make the last payment.


Are orchard bank online payments legal?

Yes, Orchard Bank online payments are legal payments. Making online payments is faster, easier, and often more secure for both the person making the payment and the bank itself.


Can your car be repossessed by the car dealership if you never gave proof of income?

If you are not making the required payments to the finance company that holds the lean on you car it may be repossessed. Proof of income is not required or relevant.


Can your car be repossessed in Missouri if you are making payments but 45 days behind?

READ your CONTRACT. Its that simple. If you are in DEFAULT of the contract, they can repo the collateral.


Can a debt be put on your credit report if you are making payment?

Yes, it'll be there until the payments are completed.


An individual has possession of furniture in your name and has stopped making payments how can you legally obtain that furniture?

Call the police and explain the situation then see what they suggest and go from there.


Could vehicle get repo if co buyer is in bankruptcy?

The short answer is no. As long as you are making the payments the car will not be repossessed. When the co-buyer goes before the bankruptcy judge they can have the car included or excluded from the bankruptcy. If it's included then the car will be "voluntary" repossessed. If it's excluded then everything is "business as usual" for you. The key is to keep your payment current and on time.


My husband died a year ago. Can the finance company repossessed my deceased husband's vehicle although I have been making timely monthly payments?

no


What to do if one owner is not making house payment?

The mortgage payments must be made or the lender will foreclose the mortgage.


How do you prove that you are making the court ordered alimony payments?

Make your payments on time. Pay by check and write the case number and the date the payment covers on the check. Keep a hard copy of every payment in a file.


what form is available to use for making payment for state taxes when you owe.?

what form is available to use for making payments for state taxes when you owe.