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Technically the car can be repossessed when your loan becomes 30 days late. The industry standard is to start looking for the car after 90 days. This is for large banks. If you purchase a car at a 'buy here pay here' lot, they WILL take the car on the 31'st day.
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∙ 15y ago
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How long before your vehicle can legally be repossessed?
WE'RE ON OUR WAY!!!!!
How do i report a repossessed bike?
If it's repossessed, it's repossessed... there's nothing to report. As long as there's a lien on that vehicle, the lienholder is the rightful owner of it, and can reclaim their property.
Do you use the hyphen on long overdue?
long-overdue
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.
What hours can a vehicle be repossessed in ga?
any 24 - 7 as long as they find the car they can repo it.
Is there a time limit in which a car can be repossessed?
As long as there is a lien on the vehicle the lienholder has the right to repossess the property
What is another word for long overdue?
nonshort overdue ;)
When was It's Long Overdue created?
It's Long Overdue was created in 1994.
How long does the credit company have to make a claim for repayment on a repossessed vehicle?
Possibly up to 7 years.
After you buy a repossessed car does it stay marked as repossessed as long as it is driven even though it is paid off?
The car isn't damaged, the debtor's credit rating is. There is no permanent record of the car as a repossessed vehicle like there is for a salvaged title.
Can they repossessed the car if you just owe the last payment?
The lienholder has an option to repossess when you become deficient on your payments for as long as you owe money on that vehicle. If you skip your last payment, that car can be repossessed.
How long can they try to collect money from a repossessed car?
Until the Statute of Limitations tolls on the judgement.
