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Repossession
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How long after a vehicle repossession does the bank or car company have to sell the vehicle and is there a maximum time limit in Tennessee?


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Wiki User
2014-09-26 03:31:01
2014-09-26 03:31:01

30 days and 20 minutes dude

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In Tennessee, a truck or car finance company can hire a repossession company to take your vehicle if you do not make payments and are in default. They are not able to break into a locked garage to take your vehicle and they cannot forcibly remove a person from behind the wheel of the car.

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is there limitatons on a default of loan on a vehicle as far as civil action?

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There is no company with the name "Repo Truck", but "repossession" of a vehicle simply means the financial lending company "takes back" the vehicle, because monthly payments on the vehicle have ceased.

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Not only does Honda have insurance on the vehicle, so does the repossession company, the storage company, the transport company, and the aution agency.

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Our company that refinanced the vehicle is threatning to garnish wages and garnish our other vehicle (of which is paid for) and other assets.


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