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Can they still repossess your car if you get caught up on the payments?
Wiki User
∙ 9y ago
Depending on the state of residence, it is possible for a lender to still repossess your car if you get caught up on the payments. Certain states allow a lender to request full payment of an auto loan when borrowers fall behind, even if they have caught up on past due payments.
Wiki User
∙ 9y ago
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What will happen to you if your car is 6 months behind in payments and you still have possession of the car?
The lender will eventually repossess the car.
How long can you go without car payments before they repossess it?
Three payments
Can you repossess a car you were selling to a friend but they are refusing to make payments for it except for one when you still have the title?
I wouldn't see why not if there not living up to there end of the deal and its still in your name then its still your car.
Would your car dealer have you locked up for not making payments?
No, they'd repossess your car.
Can you repossess a car that is under your name from a friend who is always late on the payments?
Yes, it is your car.
If your car was going to get repossessed but you caught up on your payments can they still repossess your car even though it is all caught up?
Once you are out of compliance with the loan, the bank is entitled to call in the note. If you do not pay the note once it is called in, the bank can repo the vehicle. It should all be described in the terms of the loan.
Can your loan company repossess your car if you are in arrears but are making payments?
Yes.
In Georgia How many payments do you have to be behind before they can repossess your car?
oiuo
Can a finance company repossess your car when you lose your job?
Only if you stopped making payments and are behind on your on your payments.
You have paid your car payments but have late fees can they repossess the car?
Yes, late fees indicate that payments were not made on time, which renders the original agreement invalid and allows the lender to repossess the vehicle if they so choose.
What can a car dealership do when your car has a lean on it?
If a car dealership has a lean on your car and you have not made the required payments they may repossess your car.
If the bank repossess your car do you still have to pay your car payments?
NO but why would they repo if you are making payments. You don't still have to continue to make payments, however, if your car is repossessed, normally the finance company will sell the car and you owe any deficiency balance. In other words, let's say you still owe $5000 on your car and the finance company sells the car at auction for $4000. They will eventually contact you and you will owe the $1000 difference.
