One day late. I live and own 2 repo companies in Washington. Sorry, but that is the law.
Not as long as the payments are current and have remained so.
Usually there is a grace period for late payments; however it is not a requirement.
Theoretically, a car can be repossessed after 1 day of being late with payments. In practice, most banks don't take action until 60 or 90 days.
Get caught up on their payments, pay all applicable late fees and the repossession fee, and do so before the car gets auctioned off.
A car can be repossessed in the state of New York if payments are late or defaulted. The only way to not get a repossessed is to make your payments on time.
As long as you are in default of the contract, they can repo.
You need to have a lien on the vehicle and reasonable cause to repo it, whether it be late payments, risk of losing the vehicle in impound, etc.
I need to know how long does it take the bank to repo your car if you are 2 payments behind. Can I make arrangements to make a payment next week
The length of time that a car payment can be late without being repossessed will depend on the bank or car dealers agreements. Payments made after a month may be in jeopardy of being repossessed.