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To answer your question simply, a repossession order will typically be a 60 day repossession order. If however you do not contest the repossession or don't turn up to the hearing it is more likely to be a 30 day repossession order. However, you are not clear if you have even received a notice of intended court action or a court date. There is no hard, fast, rule which states when each lender will start repossession proceedings, they can be after just 1 missed payment - the average is between 2 and 3 missed payments. This answer above has been copy & pasted from http://www.repossession-stoppers.com/answers/how-long-does-a-house-repossession-take.htm which is a UK site So if you are from outside the UK it may be different...
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How long does a lender have to repossess?
I am 3 months behind on my mortgage? How long until they repo my home?
If loan is not reaffirmed on a mortgage is the property still mine payments are made on time?
as long as you keep making payments the lender will probably not repossess the property. however, if you miss one payment the lender can repossess the property at any time.
Can creditors take your second home in new york?
Should you default or become delinquent on any credit line/loan, the lender has the right to repossess your assets, regardless of whether it is your first home or fifth home. This can vary from lender to lender, and can only be confirmed in the agreement you signed with your lender. In general, yes, they can; contact your specific lender for confirmation.
How long does it take to get a wells Fargo home mortgage?
A wells fargo home mortgage can take up to anywhere between one hour to three days. It is not a long process, depending on which way you apply for the loan. It's not a long process.
What happens if credit card dues are not paid n credit card company sues you?
they will take your money and repossess your belongings
How long does it take for a mortgage co to reposses a manufactured home?
There is no set time for how long it will take a mortgage company to repossess a manufactured home. It could be as short as 30 days or take up to a year or more.
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 it take a loan company to repossess your car after it charges off?
2-5 months
How long does it take to repossess a vehicle?
I don't know about you but i would just watch operation repo
Can they take income tax check if get repossession in Arizona?
They can take whatever the security for the loan was. For example, if you have an auto loan, they can repossess the auto. If you have a home loan, they can repossess the home. If the loan was a recourse loan and the value of whatever was repossessed was less than the amount still owed on the loan, they can get a deficiency judgment in a court of law. If the court grants a judgment, they can they take other assets.
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.
Will the government repossess your home for student loan default?
No, they will not.
How long does it take to repossess a car?
Based on personal experience, 20 minutes from time of assignment up to 2 yrs.
Can a repossession agent come on private property to repossess a vehicle?
I am not 100% on this but I am almost certain that they can as if an item is inside the home they can come in to take those
Can they repossess a vehicle anywhere other than your home?
YES.
Manufactured home repossession law in state of Oregon?
repossess manufactured home in oregon
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
