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How long is a repossession on your records?


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Answered 2007-06-30 13:12:08

7 years

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How long after repossession can you get a car loan?

The repossession stays on your credit report for 7 years.


How long does the repossession process of a car usually take?

The repossession process of a car usually takes about 6 months


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There is no specific time limit for a repossession in Florida. Florida law does not require a creditor to give notice before starting a repossession.


Can you be threatened with repossession for having been arrested?

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What is the statute of limitations in Georgia for repossession of a vehicle?

I don't think there is a statute of limitation on repossession of a vehicle anywhere as long as there is an overdue payment outstanding.


How long does a repossession in Mississippi stay on your credit report?

By federal law, 7 years from the date of repossession or sale or last payment. The state is irrelevant.


How long does a voluntary repossession affect your credit rating?

7 years.


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3-7 years


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Does a voluntary repossession affect credit the same way as a reposession?

Yes, there is no difference. A repossession is a repossession.


How will a voluntary repossession affect your purchasing a car within a year from the voluntary repossession?

A repossession is a repossession, no matter if it is voluntary or not. Your credit will be ruined for 7 years.


Do still own the car after a repossession?

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When doing a repossession in Texas can you block their car in?

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For Experian, a voluntary repossession will remain on your credit report for seven years from the original delinquency date of the debt.


How long will a car repossession in California remain on your credit report?

7 years is the norm.


How long do I have to keep a deceased patient's medical records?

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How long do you keep medical records for HIPAA?

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Can a repo take place at your work in Florida?

A repossession can be executed anyplace or time that a person holding the repossession order sees the vehicle in question, as long as the repo man does not violate the law in doing so. That said, Florida law does not restrict repossession according to location.


How long does it take to get a writ of replevin?

In many jurisdictions, about as long as it takes the repossession driver to get to the nearest courthouse and fill out the paperwork.


Does a Right to Cure Notice have to be sent before repossession according to California law?

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What is repossession insurance?

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How long does it take to repossess a home?

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...