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pretty bad. if you are late on payments, at least you're still paying. if you have a reposession, it shows you werent paying at all.

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15y ago

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What is being compared?

1. being compared can mean being familiarized to something else and vice-versa 2. being compared can also mean that every time you or someone else tries to cage or trap something inside you (ie: a raging anger, revenge, etc.) it always finds a way out


Can you have 110 efficiency?

no, not unless your efficiency is being compared to something else;


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 happens after a repossession?

After a repossession, you will need to pay a fine usually. For example, if this was a car being repossessed, you would have to pay a certain amount to get it back.


Can a trailer be taken that is attached to a truck being repossessed?

They can only take whatever it is they have an order of repossession for - if the trailer is not included in their order of repossession, they cannot take it.


What can I do if my motorcycle is being repossessed?

You should contact the lender and try to work out a payment plan. Lenders will use repossession only as a last resort, so there is a good chance you can get something worked out.


How should you be contacted if the car you cosigned on is being sold?

In a few states both the primary borrower and the cosigner must be notified by the lender through a "Right To Cure" notice before repossession action can occur. In Wisconsin a replevin order is necessary before a repossession can take place, but the cosigner is not always notified. In the majority of states the lender does not need to give either the primary or the cosigner notice of repossession action.


Can a consumer legally hide a motor vehicle in repossession?

No you can not "legally" hide a vehcile being sought for repossession. In most states you can be charged with a felony for hiding one.


If im in military can your veh be repossed?

Being in the military is not bar to repossession of a vehicle


Can repossession happen for being 10 days late on a payment?

Repossession can happen any time after a payment goes late; it all depends what the initial contract states.


What procedures are needed to get repossession stopped?

Depending on the state you reside in the procedure in order to get a repossession stopped is difficult. One of the few ways to stop a repossession is if a "breach of the peace" were to take place such as your car being in a locked garage or a threat of force was issued.


Can you be threatened with repossession for having been arrested?

You being arrested has no bearing on your loan. As long as you make the payments on time there will be no repossession. The loan company does not care if you are in jail as long as they get their money.