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TOTALLY up to the lienholder and the finance contract you signed. It depends on what state you live in. Some states have rights of possession laws that require you to pay the balance of the loan in full, while some states only require that you pay the past due amount in order to retrieve the vehicle.
What else can I help you with?
What can you do with a car that is broken down and still has payments owing?
You can pay it off and sell it, or you can get it fixed, or you can just let it sit there and keep making payments on a car you can't use.
I was two months behind but still pay a payment every month. can the car still get repossessed?
If they are accepting your payments, they probably won't take your car.
Will I lose my car in Florida filing chapter 7?
As long as you continue to pay your car note, PROBABLY not. Do not, fall behind on your payments though, ot it WILL be re-possessed.
How can the cosigner of a car immediately have possession of it after it was repossessed by the bank?
When you cosign for anyone you are taking 100% responsibility for the payments on that car. If the person that gets the car doesn't keep their payments up it will be repossessed by the bank with an option for the cosigner to take over payments or sell the car and pay back the loan. Marcy
You got a car finace and have now lost your job you cant pay for the car is theer a way out of the payments ansd stop the finace?
you can sell the car and pay off the balance. or transfer the loan to a potential buyer or make arrangements with the lien holder for different payments but do not let your loan get behind you will lose your credit and the car and all you have paid on it good luck
What can you do if your car is going to get repo?
Pay your payments on time or get a cheaper car
My payments is behind but I want to trade it in. what dealership would take it?
I dont see why not. The dealership gets their money from the company that financed the car. You arent paying tge dealership, you pay the financial institution. Problem is, if you're behind on payments, that will not help you to get another vehicle.
Can your mortgage company harass you?
It depends on what you consider harassment. They can demand that you pay your mortgage if you are behind in your payments.It depends on what you consider harassment. They can demand that you pay your mortgage if you are behind in your payments.It depends on what you consider harassment. They can demand that you pay your mortgage if you are behind in your payments.It depends on what you consider harassment. They can demand that you pay your mortgage if you are behind in your payments.
How can you get your car repossessed?
dont pay the payments ever
How do you keep a vehicle before you file chapter 7?
You can usually keep your car if you keep making payments. If you own the car free and clear, and below the exempt amount, you can keep the car. If the value is higher than the exempt amount, then you can pay the difference between car value and exemption to the BK trustee.
Can you sell a car if you are behind in payments?
You can sell it but you need to obtain enough to pay off you creditor so you can obtain title and change it over to new owner.
If you are gifted a car in a will that is not paid for how long does the estate legally have to give you to pay off lien?
If you inherit a car that is subject to an outstanding car loan you need to keep up the payments with the LENDER according to the terms of the original loan. If you default on the loan payments the loan company can repossess the car.
