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It depends.Once you are one day late they can repo.But they usually wait 30-45 days depending on your payment history.If they call you talk to them they will work with you.

Depends on a few different variables. A) The original finance contract, what it says is what goes. B) Your state's laws. C) Any court proceedings which may dictate how long you have.

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โˆ™ 2015-07-16 19:17:54
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Q: How long before a bank will repossess an automobile?
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Related questions

When can a bank repossess someones car?

As long as the bank is listed as the lienholder on the title and as long as you owe them money and haven't paid they can repossess the car.

When a bank repossess someones car?

As long as the bank is listed as the lienholder on the title and as long as you owe them money and haven't paid they can repossess the car.

Can the bank repossess a car after 8 months of asking them to get it and no action from bank?

YES, as long as the car is collateral for a loan, they can repo it.

How long can you go without car payments before they repossess it?

Three payments

Can the bank repossess your vehicle if you are only 17 days late in Virginia?

Read your contract. Likely the answer is YES. As long as you are in DEFAULT, they can repo.

Can they come and reposses a car from a private condominium?

Apparently, it is legal for the owner -- in this case, the title holder -- to repossess an automobile so long as the repossessing agent does not break the law in the repossession process.

In Mississippi how long do you have to be on your car loan before they can repossess?

You have to be behind on payments for 3-4 months before the bank will do anything usually. 3-4 months is the industry standard, but every loan is different. A bank can put stipulations of any type on any loan, within the law. So the answer would be it depends on your loan.

How many years are you able to refinance an auto for?

You can refinance an automobile loan for as long as seven years. Depending on the bank that you use, it will be as long as seven or less.

How long after they repossess your car do they have to wait before they resell it?

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

How long does it take for the bank to write off a vehicle if they are unable to repossess it?

I think it varies on how long and who the finance company is but the last time I made a payment on my truck was November of 2007 and its January of 2009 and im sill driving it

If the police show up to repossess your car and no one is home - how long do you have before they will return?

they will come back at any time between 6am and 9pm

About how many meters long is an automobile?

There is about 3 meters in an automobile.

How long do you have to store an item while waiting for them to repossess it?


How long do you need to be delinquent before they can repossess your car in Pennsylvania?


How long is a property on short sale before it goes into foreclosure?

If you stop paying you mortage how long does it take before the bank will forclose

How long does a lender have to repossess?

I am 3 months behind on my mortgage? How long until they repo my home?

How long does a creditor have until they repossess a vehicle?

A creditor can repossess a vehicle at any time after a default(late payment, lack of insurance, etc.) occurs on the contract.

Will the bank repossess your car if it has been stolen and in an accident and the insurance was expired?

As long as you continue to make the payments, you are OK. If you fail to make the payments, they will repossess the car, sell it, and you will then owe the difference in what it sells for and the balance on the loan. The previous answer overlooked one important point. INSURANCE WAS EXPIRED If they don't repossess it, it is only because it is worthless after the accident. What they would prefer to do in this case is "accelerate the payments", i.e. make you pay the remainder of the loan immediately. Then you can worry about disposing of the carcass.

How long will bankruptcy prevent a foreclosure?

Bankruptcy will prevent a foreclosure but you still have to reaffirm the loan and begin paying or the bank will repossess your house regardless of bankruptcy. Bankruptcy temporarily halts the process for up to a couple months.

Is it illegal to repossess a vehicle in Texas?

No, not if the contract is in default. The lender/lienholder may repossess the vehicle under UCC laws as long as it can be accomplished without a breach of peace committed

If you by a car from a used dealership and it gets repo'd do they serve papers?

When you fall behind on your payments from any place, the lienholder has a legal right to repossess the collateral, mainly the car or truck. They can be nice and warn you, or not. The only papers they may serve is the order to repossess. Most recovery agents (repo people) prefer not to tangle with a debtor and take the collateral when the debter doesn't show up. As long as they call it into the police to protect themselves and they have an order to repossess the goods from the bank, that's it.

About Henry Ford?

Henry Ford was one of the first people to build an automobile in the U.S. He was not the forst to build an automobile however. That was done long before his time in different countries. But he started the Ford company and improved automobiles.

When filing for bankruptcy and including the car how long is it before the creditor collects the car and how does that work?

The loan company can repossess any car that the payments are delinquent on. Your BK does not prevent repossession of your car.

What is the long name for taxi?


Is it legal to repossess a car in Michigan from a repair shop?

Yes. A lienholder is the lawful and sole owner of that vehicle, and it doesn't matter where they repossess it from, so long as they do it in accordance with state laws for repossession.

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