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Read your contract. Likely the answer is YES. As long as you are in DEFAULT, they can repo.

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โˆ™ 2017-12-14 05:46:00
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Q: Can the bank repossess your vehicle if you are only 17 days late in Virginia?
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Related Questions

How soon will a bank repossess a home?

Banks can foreclose in as short as 90 calendar days.


Is it legal for a car dealer to repossess a vehicle after 27 days late on payment?

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.


How many days must a vehicle loan be late before it is repossessed?

They usually repossess when you miss two or three payments. They seldom repossess if you've just missed one.


In Maryland can a finance company repossess a vehicle that is 38 days in default?

Yes, the lender can recover the vehicle any time after the lending contract becomes in default.


What is the number of days car can be repoed?

If a loan is one day late they can repossess the vehicle, but most lenders would never do that


How many days do you have to be behind in your payments in New York before they can repo your car?

As soon as you have defaulted on the loan, a creditor can repossess your car. So 24 hours after you have failed to pay, they can repossess your vehicle without notifying you.


Is it legal without notice to repossess a vehicle in Indiana for being 12 days late on one payment?

Depends entirely on what the contract you signed says. If you are 1 day late they may be able to repossess the vehicle if that is what the contract says and what your state laws are regarding repossessions. Read your contract.


Can a bank or loan company repossess a vehicle if you are not 30 days late on the loan?

The simple answer is yes. However you should read thru your contract to see if you are in default, that would trigger a repossession. For example, one way to be in default is if your insurance got cancled.


How soon can a car be repossessed?

Your contract most likely states that the lender can demand payment in full at anytime. This means they can repossess the vehicle after demanding you pay it off. If you are 5 days late, they could repossess it. There is no legal requirement for the lender to wait any amount of time before taking your vehicle.


How long after a vehicle repossession does the bank or car company have to sell the vehicle and is there a maximum time limit in Tennessee?

30 days and 20 minutes dude


If you are paying half of your car payment can they still repossess it?

My best suggestion is to contact your auto lender, and ask them the procedure for repossesions. Keep in mind that the bank can reposses your vehicle if you are 60 days late on your payments even if you attempt to only make half of your payments. Call them as soon as possible and work out a payment plan with them.


What is the time frame to repossess a car in Texas?

Under Texas law, a vehicle may be repossessed even if payment was only late for 10 days. This means that is payment was due on the first day of the month, and payment has not been settled on the tenth, then, vehicle will be repossessed on the eleventh.


If you are only 10 days behind on your payment can the Financial Institution repossess your car?

no


Where can you find the laws on what a repo man can legally do to repossess a vehicle in Virginia?

Basically a repossessor can enter the debtor's property to recover a vehicle as long as there is not breach of peace. An example would be entering a locked or unlocked garage or remove a lock from a gate to gain access to said vehicle. The repossessor must have a photocopy of the title and a "hold harmless" agreement signed by the owner or lien holder of said vehicle. The debtor has 10 days in which to redeem or reaffirm the lending agreement with the lien holder/owner. The plates remain with the lien holder. Reposssession action is governed by 1967 UCC laws adapted to the state laws of Virginia CC Title 8.9A http://www.leg1.state.va.us


In Virginia when can a finance company repossess your car?

After one month of being in arrears, they will contact you and issue a warning, after 60 days of being unpaid, they can legally take it back. They own it until the total amount has been paid by you.


Can a bank refuse a payment on a auto loan?

Absolutely. There are other reasons other than a late payment for a bank to repossess your car. Cancelled insurance or a big drop in your FICO score. If you seem like a credit risk to your bank all they have to do is wait for you to become delinquent once and they have the legal right to default the loan and get the asset back. At that point they can refuse payment and keep the vehicle in most states. The only way is to pay off the full amount of the loan within 10 days.


If a Ttuck payment is 19 days late can they repossess your truck in Pennsylvania?

It depends on the terms of the loan. If you signed it and it's in there, you are bound to those terms. Some loans specify 5 days late. That's a good reason to get loans from a small bank or a credit union.


Would a finance company repossess your car if you only have three payments left but are more than 30 days late?

Yes, they will repossess if you have only one payment left.


What amount of time must a dealer give you before they repossess your vehicle because you heard it was 90 days?

There is no set time when a lender may instigate repossession action. If the contract is defaulted on for even a day, in most states the lender can seize the vehicle, although it is not usually in their best interest to do so.


In Oregon if you make a payment on your loan can they repossess 2 weeks later if the payment only brings the account from 90 to 30 days past due?

READ your contract. IF you are in default, they can repossess.


If you had the vehicle repossessed and it is listed as a charge off can they now sue you for the balance?

Yes. What happens is that they auction the vehicle. They can auction a vehicle 10 days after they repossess it, not before. They take that money, apply it to the loan. Whatever balance is left is what you are responsible for. One thing you can question, is what the vehicle is auctioned for. They have to make every reasonable effort to sell it for book, they just can't sell it for $10 if it is a $10K vehicle, if you know what I mean. There are guidelines that they have to adhere to.


When can hsbc repossess a car?

i know that one of the requirements is that the account has to be passed due for 60 days.


How many days does a car lot have to give you before they repossess your car?

Usually no longer then a month


How long do you have after your house is sold at foreclosure auction in Cincinnati Ohio?

You generally have 30 days, but the bank should give you an exact time. Some banks have been very slow to repossess houses and people have stayed in them for years and months.


Can a finance company threaten to repossess car?

Yes, depending on the state in which the vehicle is domiciled and the loan is originated. In general, if after thirty (30) days a payment is not made on a vehicle then a finance company may notify the borrower that they are going to reposess the car. For customers with good credit, the threats do not come until after sixty (60) or ninety (90) days. For customers with historically poor credit, the threats will come as soon as possible (30 days).