Repossession

How many days do you have to be behind in your payments in New York before they can repo your car?

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2017-11-25 04:04:38
2017-11-25 04:04:38

As soon as you have defaulted on the loan, a creditor can repossess your car. So 24 hours after you have failed to pay, they can repossess your vehicle without notifying you.

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90 days This is not true. we were only 30 days late and our home was foreclosed on.

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.

In Virginia, the law states a lender must submit notice in writing at least 10 days before a car is to be repossessed. Therefore, car payments that are late can be subject to repossession at anytime, provided notice has been given.

READ your CONTRACT. Its that simple. If you are in DEFAULT of the contract, they can repo the collateral.

once you are 90 days down they can start with a foreclosure.

Yes, you can get your car back but you only have ten days to do so before the car goes to auction, in order to get your car back you must bring the full amount of payments you are behind to the repossessing company. The lender can deny you the car back also, depending on how many times you made late payments.

I think with any auto finance company you must be 90 days to 120 days delinquent on your loan before they start considering repossessing the vehicle. Beware, within that same time period, your car, truck, or etc.. will be repossessed.

That sounds odd, repossession is usually done when you've missed payments.

The involved party should contact the bankruptcy trustee as soon as possible and explain the error. A trustee will generally give the person(s) thirty days in which to catch up on arrears before filing for dismissal.

I would say yes, if you ask and if you haven't asked for one before. I asked for one and got my late fee waived recently. It does depend on the situation though, such as if you are behind on payments, how many days past due...etc.

Usually after 90 days. A good rule of thumb is 60 days after the first missed payment.

You have 30 days until the Mortgage company takes ANY action. You have anywhere 3 months to a year if no further payment is made before you will be forced to vacate. A judges signature is required for ANYTHING to happen.

means your up to date with your monthly payments in the past 7 mths (past) 1111111 (present) if you have a 2s or 3s in the series of numbers ... ie) 111231121 it means you have been behind with your monthly payment that paticular month. 1s mean paid monthly payment on time 2s mean 30 days (missed one payment) 3s mean 60 days (missed two payments) 4s mean 90 days (missed three payments)

Days before Titanic sunk, she had an incident in Southampton when, due to the suction from her mass, she had a close call with a run-in with a smaller vessel, the New York. The New York was drawn to her, even snapping her mooring lines, but Titanic steered clear.

Generally, late payments over 30 days late are reported to a credit reporting agency. After that, late mortgage payments can become "missed" mortgage payments. And missed payments can affect your credit score in a negative way. However, your exact late payment will depend on how your specific mortgage lender reports payments to the credit bureaus.

New York Days was created in 2008-02.

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They usually repossess when you miss two or three payments. They seldom repossess if you've just missed one.

The BK trustee usually waits until two payments have been missed and then files a Motion To Dismiss. There will be a time specified (usually 30 days) in which missed payments can be made up in FULL. If the amount owed is not presented before the time expires the 13 will be dismissed without further notice. If the filing is less than 60 months the trustee might agree to meet with the party involved to discuss possible modification of the BK plan.

He decides to go to New York and hide for a few days before telling his parents his news of being expelled, then he would give them a couple days to digest the news before moving back in.

No they do not. And they will repo your car if you are too far behind. They may tell you that they will repossess your car if you are 10 days late, but it is a tactic used to scare you. They would loose more money trying to repo your car than waiting on your payment after 10 days.


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