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No one can answer this question. It depends on many factors. Here is a thought. Call the lender and ask them.

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โˆ™ 2015-07-16 18:23:05
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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

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Q: How long after they repossess your car do they have to wait before they resell it?
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Related questions

What are the laws on repossession in Missouri?

Basically repossession is controlled under Federal Law, which says "If owner of the car misses continuous payments, the loaner has the right to repossess the Vehicle and wait for the payments to be caught up, or to resell it".


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My car was in an accident and is still at the body shop which hasn't been paid yet he finance company wants to repossess the car. Can they repo it from the body shop?

Yes, the finance company can repossess the car from the body shop. They would likely wait for the car to be fixed before they repossess the car.


How long does a company have to wait to repossess a vehicle?

This would be determined by the terms of the loan agreement and the applicable local laws. Within the loan agreement there should be reference to the action that can be taken to repossess the car should non-payment arise.


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