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How long is one subject to repossession after payments have stopped in California?

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2015-07-15 19:39:45
2015-07-15 19:39:45

Thats a unique question. You are subject to repo until the loan is payed or the car is found. I have looked for a car for 3 yrs before. Finally spotted it at walmart. GONE.....

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You will receive notices that your payments have not been received, making your auto subject to repossession, but you will not receive a date and time of the repossession.

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One may find information on the subject "repossessions stopped" at the website for Harrington Brooks. They have many services for dealing with debt and preventing repossession.

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The California Business and Professions Code is very clear on this point. The code states the following: With regard to collateral subject to registration under the Vehicle Code, a repossession occurs when the repossessor gains entry to the collateral or when the collateral becomes connected to a tow truck. You can find out more repossession related laws by checking out the website at mparepos.com. They have a FAQ page that answers all related repossession law questions for the State of California.

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Typically a person is given three months or approximately 90 days to miss car payments before a car is subject to repossession. Usually the bank or credit union that issued the loan will call to try and arrange payments with the car owner.

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Richard A. Canaday has written: 'Oregon foreclosure and repossession' -- subject(s): Repossession, Foreclosure


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