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Until the Statute of Limitations tolls on the judgement.

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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 can they try to collect money from a repossessed car?
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Related questions

Can the lender collect the rest of the money you owe on a car that they repossessed?

In most cases, YES


Can a car be repossessed when 1 payment is left?

As long as you owe them money they can take it.


Can they repossessed the car if you just owe the last payment?

The lienholder has an option to repossess when you become deficient on your payments for as long as you owe money on that vehicle. If you skip your last payment, that car can be repossessed.


Can a car be repossessed if money is owed to mechanic?

Yes


Can your car get repossessed after bankruptcy?

not if you still owe money on it


In Utah can your wages be garnished for a car that was repossessed?

You do not owe money for a car if it has been repossessed, so your wages can't be garnished for that reason.


How long after your car is repossessed do you have to pay what is owed?

It depends on which state you live in really. I lived in Louisiana and my car was in my mothers name she decided not to pay and it was repossessed well 11 years later they contacted me again and requested the money for the car. But that was in 1994.


What are the rights of a person who Co signing a church car loan and the car is repossessed with the bank trying to collect?

I wish I knew


Approximately how long after your car is repossessed do they come after you for the deficiency?

As soon as the lender sells the car, they will know what the balance due is. Then they will come after the money. You will know when that happens.


If your car was just repossessed will they let you get it back if you have the money and how long will it take to get it back?

get it back?? prolly, depends on your payment record,ect. They really dont want the car, they want the MONEY. How long?? a day or two


What will happen to a car once it is repossessed?

It will be auctioned off and the bank will want to collect the difference of what it sold for and what your loan was.


If you LEASE a car and have it voluntarily repossessed will you still owe money on it?

Yes

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