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Can your car be legally repossessed in 4 days they gave you a letter saying you had 10 days?
Wiki User
∙ 10y ago
When they send the letter, it's ten days from the time the letter was drafted. As for when they can repossess legally, that's a matter of your contract, and the laws of your state. Repossession agents and creditors stay pretty up-to-date on legal issues, and if they've repossessed your car, it's probable that they did it in a timeframe where it was legal for them to do so.
Wiki User
∙ 10y ago
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When can a vehicle legally be repossessed?
In Florida, they have to send you a demand letter, once that demand letter expired(30 days) and you didn't contact the the bank to make payment arrangements, they assigned your loan/car for repossession.
How many days after your car payment is due can your car be repossessed?
Legally, ONE.Actual practice?? 3-60
How long dues the Car dealer ship legally have to hold the repossessed vehicel before legally selling it?
is it true that a dealer have to hold a car for twenty one days before they can sell it after it has been repossed
Can you reclaim your vehicle after it has been repossessed if you are willing to pay the full balance in Michigan your car was repossessed 2 days ago and Toyota financial is saying that they must auct?
technically, you have 20 business days to pay the balance owed plus all fees that were incurred during repossession.
When a car is voluntarily repossessed legally do they have to wait 21 business days to sell it at auction or just 21 days?
Dunno. What state are you in? That could make a big difference. UCC only says they have to do it in a "commercially reasonable manner". I'm in South Carolina
Can a vehicle be repossessed if the payment is 21 days late in New York State?
READ your CONTRACT. IF the contract is in DEFAULT, the collateral CAN be repossessed.
What do you do if you loan your car to someone and they don't return it Can you have the car repossessed?
You send them a certified letter demanding return of the car within 3 days. If no response, report it stolen.
How long do you have to redeem your car in California after it has been repossessed?
10 days
Can your car be repossessed before being 90 days late?
Yes
Can your car still be repossessed if the payment is 30 days late?
Absolutely.
How much time in the state of Kansas do you have once you receive notice that your car will be repossessed before the car is actually repossessed?
One Kansas attorney says 20 days and another says 10 days.
How many payments or amount behind do you have to be to get your car repossessed by Ford Motor Credit in Colorado?
legally, you only have to be behind one day. Usually a lender will try to work wityh you for 30-60 days to let you catch up. They dont want the car, they want the money. HEY GUYS TRY WWW.STOPTHEREPOMAN.COM TO KEEP FROM LETTING YOUR CAR BE REPOSSESSED
