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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.

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โˆ™ 2014-09-18 00:14:39
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Q: Can they still repossess your car if you get caught up on the payments?
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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 do you use repossess in a sentence?

Hey Hun, if you do not make the payments they will come to repossess your 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.


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 you repossess a car that is under your name from a friend who is always late on the payments?

Yes, it is your car.


Would your car dealer have you locked up for not making payments?

No, they'd repossess your car.


In Georgia How many payments do you have to be behind before they can repossess your car?

oiuo


When can a bank repossess someone's car?

When the owner defaults on the loan payments


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.


What are the laws on repossession in Missouri?

Basically repossession is controlled under Federal Law, which says "If owner of the car misses continuous payments, the loaner has the right to repossess the Vehicle and wait for the payments to be caught up, or to resell it".


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.


Can you repossess a car from your ex if they are not making the agreed upon payments?

i think so:D


Can your loan company repossess your car if you are in arrears but are making payments?

Yes.


Can a finance company repossess your car if your license is suspended?

They won't repossess it for your license being suspended, but they can repossess it when you fail to make payments, regardless of what the current status of your license is.


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.


Can a used car dealer repossess a car that is not in delequent of payment?

No, and why would they? If the payments are up to date and have been made on time, there would be no reason for the dealer to repossess the vehicle.


Can the dealership charge you with auto theft if you are in default on your payments?

Not if you are on the title to the vehicle and own it. Whoever holds the loan on the vehicle can repossess the car however if you are late with payments. Contact the lender and work something out. You do not want your car repossess. Credit will be ruined for 7 years, and you will still have to pay the repo fees plus the difference in the balance on the note and what the car brings when they sell it.


Took over car payments can they take it back even if i made car payments on time?

I assume you took over the payments after the other owner missed payments. If you are caught up on all the payments then there would be no reason for them to repossess the vehicle. You need to contact the lender ASAP to make sure everything is fine. Failure to contact the lender may create a bad situation.


If your car is going to be repossessed but you make a payment to get caught up can they still repossess the car?

Until the LENDER cancels the repo order with the repo company, you are fair game.


Can you repossess a car which you sold to a friend with a written contract stating that if payments are not made as agreed car will be repossessed?

YES.


What if you are late 3 days on car payment?

Nothing I believe they only repossess your car if your a month or more off on your payments


Can a person in Texas repossess a car if she is making payments but is not on the car title and feels that she has already paid enough into the car?

Sure, you just lose the car.


Can a bank still repossess your car if they said they would cancel it and you have made payment arrangements to get current?

If you continue to make payments as agreed, on time, you should be safe from repossession.