answersLogoWhite

0


Best Answer

READ your CONTRACT. Its that simple. If you are in DEFAULT of the contract, they can repo the collateral.

User Avatar

Wiki User

โˆ™ 2015-07-15 18:40:59
This answer is:
User Avatar
Study guides

Loans

26 cards

What is forfeiture

Which of these is the best description of delinquency

Which term is defined as property that is pledged as security on a loan

This is Paula's monthly budget What percent of her expenses is spent on insurance

โžก๏ธ
See all cards
2.33
โ˜†โ˜…โ˜†โ˜…โ˜†โ˜…โ˜†โ˜…โ˜†โ˜…
3 Reviews

Add your answer:

Earn +20 pts
Q: Can your car be repossessed in Missouri if you are making payments but 45 days behind?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Can your car be repossessed if it was in an accident and nearly totaled?

If you weren't making your payments yes. It would only be repossessed if you weren't making your payments.


Can a motorcycle be repossessed if you haven't made payments in 6 months and then started making payments again?

Technically you breached the contract with the lender if you did not make payments in 6 months. They actually have the right to NOT accept further payments from you. So yes, it can still be repossessed.


Can furniture be repossessed if payment has not been made in 6 months but you start back making payments?

Yes, furniture can be repossessed if you start making payments again after 6 months, especially if the missed payments are not caught up. The creditor can refuse the payment if court proceedings are already in progress.


Can a vehicle be repossessed if you allowed a military person to take over vehicle payments and he has not paid anything?

it doesn't matter if the pope takes over your vehicle payments. if he stops making them, your credit is damaged and the vehicle is repossessed.


If a car is repossessed and you agree to make some kind of payments ever month will they still list it on your credit as a repo?

Yes but it will also list that you are making payments!


Should I keep making payments in a VW diesel car?

If you keep on missing payments on your auto loan, there is a high chance that the vehicle may be repossessed by the bank.


If a financed vehicle is contracted with another person who is not making payments can it be repossessed?

If you're asking whether the vehicle can be repossessed for non-payment, it can, regardless of who's supposed to be making payments. Whoever appears on the contract or paperwork for the car is responsible for the payment, regardless of what informal agreements may be in place.


Can you still owe money on a car that was repossessed and resold to another buyer?

yes. When a vehicle is repossessed by the bank it doesn't mean that you stop making payments. You are still liable for the loan.


Can you get your repossessed car back if you file Chapter 7 bankruptcy and start making payments?

You will have to ask your bank about that. They are in control now.


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.


Can your car be repossessed by the car dealership if you never gave proof of income?

If you are not making the required payments to the finance company that holds the lean on you car it may be repossessed. Proof of income is not required or relevant.


How can I lower my car insurance costs after I fell behind in my payments?

You can start making your payments on time and avoid accidents

People also asked