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How far do you have to be behind on your payments to legally repo in Michigan?


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2015-07-15 19:30:53
2015-07-15 19:30:53

Legally, ONE day. As long as you are in DEFAULT of your contract, the lender CAN repo the collateral. Read the contract for more on DEFAULT.


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Legally if you miss 1 payment you are delinquent and they can start repossession proceedings on their vehicle.

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if you are behind on payments then yes they can

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Look at the contract. It may have verbage stating if you are in default on 1 note, you are in default on others. If so, yes. It's legal in Michigan if the note allows so in the default section.

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The repo man will tell you that, but no it is not true.

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