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How long dues the Car dealer ship legally have to hold the repossessed vehicel before legally selling it?
Wiki User
∙ 10y ago
is it true that a dealer have to hold a car for twenty one days before they can sell it after it has been repossed
Wiki User
∙ 10y ago
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How long before your vehicle can legally be repossessed?
WE'RE ON OUR WAY!!!!!
Does lender have to send notice of default or intention to repossessed before taking the merchandise?
Legally NO!
How do you buy repossessed tractor trailers?
Repossessed tractor trailers can be purchased from some tractor trailer dealers. If the rig was previously financed by a bank, the bank repossessing it will try to sell the tractor trailer to a dealer before selling it to the public.
Do you have a right to have a repossession letter before my vehicle is repossessed?
no
In Kentucky how many car payments behind do you have to be before your car is repossessed?
Your car can be repossessed if you miss one payment. Not likely they would do that but it is possible.
How many payments can you miss before your car will be repossessed?
Legally if you miss 1 payment you are delinquent and they can start repossession proceedings on their vehicle. Remember it is not your car until you pay for it. It belongs to the lender.
What is forfeiting?
It means when you can't pay for something , you surrender it before it is repossessed.
Can your car be repossessed before being 90 days late?
Yes
Can a vehicle that is without a lienholder be repossessed by a company before a lien is filed?
No
Can a car be repossessed if the owner dies before the first payment is due?
The car can be repossessed. The estate is responsible to return the vehicle and resolve the lease or loan.
How many days does a vehicle have to be past due before it can be repossessed?
three months
If a car was repossessed how long does it stay on your credit before it is removed?
7 years
