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I cant, you might can IF you pay current. The lender wants their money, on time, blah blah blah. SOS different day, LOL

Yes, they have to give your car back if you pay the reinstatement ammount, in other words all the payments and fees you owe to make the loan current... the only exception will be if they have a reason to believe that you hide your vehicle to avoid repossession....in that case they have the right to refuse the monthly payments, and they will ask for the full payoff amount to give your car back, if they have not sold it yet...

2015-07-15 18:33:49
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Related Questions

How do you get a car back from repossession?

It is sooo SIMPLE, you CONTACT the LENDER for further instructions.


What is the concept of repossession about?

Is is common knowledge that the concept of repossession is the taking back of property by a lender or seller from the borrower or buyer, usually due to default.


If your car is repossessed how does getting it back help your credit?

It won't help much unless you can sweet-talk the lender and convince him to remove the repossession from the credit report. Otherwise, the repossession stays on the record and the only 'improvement' to your credit rating would be the lack of an accompanying past due status.


If you have not paid the full down payment can you take the car back without it being considered a repossession?

Rachelle, try to make a deal with the lender to return the car without the repo. At least ASK them to do it. It is their choice.


What options do you have in Connecticut if your car is repossessed and you want it back?

Your option is to CALL the lender who had it repossessed and find out how much it will cost to get it back. Repossession is a matter between YOU and the LENDER. There is no state agency that oversees the process.


Can you get your vehicle back after repossession?

The first step is to contact your lender. They will have those answers. It usually involves making up past payments, and paying the repossession fee, and perhaps storage.


Can you sue for wrongful repossession of a vehicle when loan was paid in full over a month and a half ago?

Yes, if you have proof that your lender received your payment before your vehicle was repossessed. If you have this proof, you can sue them and get your car back and not be charged for any fees.


Why is the bank reporting a car as a repossession when it was stolen and totaled and you are still paying for it?

Because the lender repossessed the car from where ever it was after being totaled.IF you had gotten the car back after it was totaled, it couldn't have been a repossession.


What is the definition of repossession?

Repossession is when something is returned to its original owner. An example would be when a car payment is not made, and the owner of the car's title repossesses (takes back) the car.


What do you need to get your car back from repossession in Ohio?

Proof that you are you and MONEY to the lender. Plus any inventory fees for counting the mickey D's cups.


What the procedure for getting your car back after being repossessed?

Contact the lender who repossessed the car. You will have to make up all back payments and pay all fees associated with the actual repossession.


Can you use sellers assist for the down payment on a home?

Essentially, they are lowering the price, not providing for your down payment. Also, the lender is going to want that money to come from your account... This is ONE way there are others where lenders will gift you the down payment which comes back to them at time of closing or just find a 100% lender.


Is it considered a repossession if you take the car back before the first payment is due because the dealer lied about what he would do to the car and how many miles were on it?

Charlie, if you signed a contract promising to pay X number of dollars for X number of months and dont pay, then the collateral will be taken back and considered "repossessed". Doesnt matter how the collateral gets back to the lender. Its a businness deal.


How do you get your car back after repossesion?

If you pay back what you're behind + any repo/towing/storage fees you should get the vehicle back, check with your bank and local/state regulations and you should be ok. While this answer is not exactly "wrong", neither is it "right". The loan and payment agreement you signed tells the entire story. It contains language telling you what your rights and the lender rights are in this situation. You signed it, it's a binding contract (unless somehow "defective", which is unlikely). Most of these contracts allow the seller/lender/lien holder to demand full payment of the entire balance owed and remaining following a repossession.


What Must I Do If I Am Not Able To Satisfy The Needed Loan Repayments?

You need to speak to your lender immediately and inform them your circumstances. It is usually better if you confer with your lender if you think maybe you might not have the ability to help make your next payment instead of hold back until the payment is skipped.


How will one be able to stop the repossession of a vehicle?

Sometimes one can negotiate with the company holding title to the automobile and work out a payment schedule to pay back the amount in arrears, but some companies will not negotiate at all. The easiest way to prevent a vehicle repossession is to ensure that all payments are made according to the payment terms.


You have made all your payments on time but you want to give back your car what do you do?

You will still be responsible for the contract terms regardless of whether or not the repossession is voluntarily done by the borrower or by the lender for default. The exception is, of course, working out some other agreement with the lender, but that seldom happens.


How can it be a repo if they only had the car 3 days?

What is a repo? Repossession occurs when a contract is in default and the lender takes possession of the secured collateral.IF your situation doesnt fit that description, call an attorney NOW. Roosta, yes I meant "repo" to mean repossession. The lender had my car for 3 days. I paid what I owed to get my car back and paid for 1 1/2 years. I still own the car. It has been paid in full for 2 years. But when I made the last payment in Dec of 2001, they list it as a repossession. But the so called repossession happened in Feb or 2000. Like I said they had my car for 3 days. I didn't realize they had it listed as a repossession until recently when I tried to get some credit for a new car. I have filed a dispute with each credit reporting agency, but I have to wonder if they will take if off.


How can you get your car back after it has been repossessed?

Contact the lender and make up all the past due payments plus the repossession fees.Answer:You can contact the lender, or you can contact the repossessing agency. If you contact the lender, they may allow you to make a payment arrangement. Your payments may be less or could be more than you believe you owe. When the lender contracted the repossession agency, there were fees involved. These fees will be transfered to you. The lender, however, is in most cases not as aware of the fees as they should be; they are focused on the principle and interest of the original contract. If you move quickly, the repo agency has not billed the lender for these repossession fees. If the repossession company acted in a less than legal manner, you may not have to pay these fees. The most common offense is for the repo agents to make contact after 9:00 PM; this is a violation of the FDCPA (Fair Debt Collections Practices Act). If the repo agency violated any of the provisions of the Act, contact the lender and demand your vehicle be returned or you will file suit in federal court and list them as a defendant. They are as liable as the agency they contracted with, and the vehicle will have been "wrongfully repossessed." Keep in mind, the lender does not want the car; they only took the car to cover the past due amount. If they keep the car, you will still owe on the loan, and legal action is not far behind.


You just paid what they said you were behind on and they Repo it anyway with no notice?

Notice is not necessary in all state prior to repossession. In fact it is not necessary in most states. If you have paid current on the loan, and the repossession occurred anyway, this is likely a communication lag between the lender and the repossession company. It happens often. Contact your lender and explain what happened. Be patient and polite--they are not required to return the vehicle. They likely will because they want your money not the car. Ask the lender how you can get your vehicle back. Ask them who has your vehicle, and call that company to explain the vehicle was "wrongfully repossessed" and why. Again, be patient and polite--these people have your car.


After voluntary repossession what is your credit obligation?

Keri, I suggest you think long and hard before you let it go back. The results are not nice at all on your credit rating. Read your contract where it mentions "deficency balance". Chances are that you will be responsible for any amount owed after the car is sold. If the payments are toooo high, ask the lender if they will lower the interst rate. If you have lost income but expect to regain it, ask the lender to defer a payment to the end of the loan. If you cant do anything else, try to sell the car yourself. You will get more for it than the lender will at auction. I totally agree with the above answer. Repossession should be the absolute last resort. A repossession is a repossession. The only difference in voluntary and non voluntary is that you will not have to pay the repossession fees. This will stay on your credit report for 7 years and will cost you dearly. Sit down with the creditor and work this out. Like the above answer sell the car yourself or see if you can get someone to take over the payments. Do not allow the car to be repossessed. This may seem like the easy way out, but in the end it is the hard way out.


What if you are three weeks late on a car payment?

Personally, I would contact the lender and describe the circumstances and either pay the back amount or make arrangements with them.


How can you get your car back?

After the creditor repossesses the vehicle there is a way to get it back. You can find out where the auction for your car is going to be held and go there and buy it back. I doubt if that will work. If it's a buy-here/pay-here place, they're not going to finance you again. If it goes to auction, it will be a WHOLESALE auction where only licensed dealers can bid. You can get the car back before it is resold by paying off the loan. If you you pay all the delinquent amounts and repossession costs you may be able to convince the lender that you will keep up the payments in the future and get it back.


Can you get your car back after a repossession if you file chapter 13 bankruptcy?

In GA Can you get your car back after a repossession if you file chapter 13 bankruptcy


Vehicle you recovered and the owner has given it back to the finance company are they responsible for storage and recovery costs?

Depending on your contract with the lender or repossession forwarding company, they could be responsible for the storage fees and recovery costs. Ultimately the car's owner is responsible. If the fees have not been paid and you feel they will not be, and you have not released the vehicle yet, do not release it. The vehicle is the only security you have against payment.