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It's not really clear what you mean by "out of repossession". Repossession is an event, not a condition. If you're asking if you can get it back after it's been repossessed, it's at least theoretically possible if you act quickly enough; you should contact the leasing agency and find out what you need to do. At minimum, you should expect to have to bring the payments current and pay the repossession expenses; you may also be asked to provide a deposit against future defaults.

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โˆ™ 2011-01-21 22:33:18
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Q: Can you get your leased car out of repossession?
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Related questions

Repossession of a leased car in ct?

YES LEASED VEHICLE SCAN BE REPO'D, YOU NEED TO READ YOU LEASE AGREEMENT AND CHACK LOCAL AND STATE LAWS.


Is money still owed if leased car is repossessed?

Yes, and potentially more than was owed before the repossession due to accrued fees.


Where do you get car repossossion permit?

who is allow to do Vehichle/car repossession? when is a vehichle/car repossession not allowed? whats the minimum insurance needed for car repossession?


How do you write a car repossession letter?

How do you write a car repossession letter?


What happens when your leased vehicle is repossessed?

READ your lease contract. It should specify the results of repossession.


The meaning of repossession?

Repossession is generally used to refer to a financial institution taking back an object that was either used as collateral or rented or leased in a transaction.


Is concealing a car from repossession a felony in Georgia?

is concealing a car from repossession a felony in georgia?


Who is responsible for damage to a vehicle during a repossession?

the person the vehicle was leased to is responsible as they are the ones that have caused the vehicle to need to be repossessed.


What if you total a car that is leased?

That's what insurance is for.


What is a leased car?

A car that some one has hired


How long does the repossession process of a car usually take?

The repossession process of a car usually takes about 6 months


How will a voluntary repossession affect your purchasing a car within a year from the voluntary repossession?

A repossession is a repossession, no matter if it is voluntary or not. Your credit will be ruined for 7 years.


Can you get a personal loan after a car repossession?

You might be able to get a personal loan after a car repossession. However, you would get the loan at a very high interest rate one the repossession is on your credit report.


Can your wages be garnished for an auto lease repossession in Florida even if the leased vehicle has been turned in?

Yes, if there is still an amount owed.


Can you get a title loan on a leased car?

No, because it isn't your car.


Can police help the repossession men take your car in Michigan?

Possibly, but they can certainly prevent you from interfering, as it is no longer your car, hence the repossession.


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


Can you register a car being repossessed?

The tow/repossession company has to notify the police of the repossession so the car can't be reported stolen..


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.


How does repo of a leased vehicle differ from repo of a financed vehicle?

NO, a lease is simply a contract like a loan. DEFAULT of either calls for repossession.


Does repossession show on your credit report as soon as the car is taken or after it is auctioned?

It can show at any time. A repossession is compleated as soon as the car is picked up so it does not matter what happens after the repossession it still did happen.


How long after repossession can you get a car loan?

The repossession stays on your credit report for 7 years.


Is a leased car considered a car with a loan?

For the purposes of insurance, Yes.


Can a leasing company consider it a repossession if you turn a leased car in early?

Yes when a leasing company regains control of an asset it is still considered a Repossession repossession is much easier in a lease agreement than it is in a finance agreement due to the fact that the asset is owned by the leasing company, in a finance agreement you control ownership and the bank only holds security in the asset.


Do you pay insurance on a leased car?

yes