By calling the original loan facility that was associated with the vehicle is one way to locate the repossession date. You can request that the original document of repossession be sent to you by way of fax or US mail (if you feel there is discrepancy). *Note* The time of default does not deem the time of repossession. Be sure to ask specifically for the actual repossession date and unfortunately you may have to clarify that you are not seeking the default date.
It stays on your credit report 7 years from the date of settlement not the date of repossession.
You will receive notices that your payments have not been received, making your auto subject to repossession, but you will not receive a date and time of the repossession.
By federal law, 7 years from the date of repossession or sale or last payment. The state is irrelevant.
miss a couple of car payments and you will find out!
Sample letter of vehicle repossession for the state of texas
Till they find it.
For Experian, a voluntary repossession will remain on your credit report for seven years from the original delinquency date of the debt.
It's the sworn statement that the lender files with the state DMV when a vehicle is repossessed. It includes data such as, how the vehicle was repoe'd (voluntarily or replevin order) the default date of loan, the date of repossession, the amount owed, the value of the vehicle, all indentifying information,(date and time, location) and so forth.
Yes, in most cases if the account is brought up to date, the repossession process will stop. A person will need to go in person to pay the bill and make sure the account is noted that the repossession needs to be stopped.
Any collections, debt, or civil law attorney should be able to handle a repossession case. The cheaper route might be to contract a collections agency or a small locale repossession company. You can find these in your local yellow pages under collections agencies.