The limit is in the contract you signed. It likely says that when you are in default the lender can repossess. That means anytime you are behind at all... even one day, although most places wouldn't do that. They would rather get the payment rather than go to the trouble to repossess.
Add your answer:
Related Questions
How many payment do you have to be behind before they can repossess in the state of MN?
It depends on the terms of the contract. Legally if you miss 1 payment you are delinquent and they can start repossession proceedings on their vehicle.
Can a car be repossessed if you are two payments behind?
Legally if you miss 1 payment you are delinquent and they can start repossession proceedings on their vehicle.
How many payments in the state of Texas can you be behind for repo?
Legally if you miss 1 payment you are delinquent and they can start repossession proceedings on their vehicle.
What causes the repossession of a car?
If you do not want your car repossessed, then you need to keep up with the payments on your car. If you are behind on payments, then your car could be taken away from you legally.
Does a loan company advise of past due before repossession?
Yes, generally. You should certainly know if you are behind on your loans.
If you are two months behind on a payment can your car be repossed?
First off it is not your car. The car belongs to the lender until you pay for it. Legally if you miss 1 payment you are delinquent and they can start repossession proceedings on their vehicle.
What is the repossession law in California?
can you get your auto reposessed if your 2 payments behind NO
How far behind on payments can you be before santander US can repossess your car?
Typically when it comes to car repossession, a customer has to worry about their car being taken when they have missed three payments. Sometimes repossession can be held off by just contacting the company and reassuring them they will get their money.
Is Hawaii ahead or behind in time from Arizona?
Behind AZ
What can you do about a repossession if you only owed 717 dollars and you were never contacted about the repossession?
Pay the money. You don't have to be contacted about the repossession; you are aware of the terms of your loan in your contract. If you're behind, pay what you owe so you can get the vehicle back. * The amount owed is not relevant. The following states require "right to cure" notification before repossession action can be taken: Colorado, Connecticut, Iowa, Louisiana, Maine, Massachuetts, Missouri, South Carolina and West Virginia and Wisconsin (replevin order required).
How many hours ahead is Arizona from London?
Arizona is 7 hours behind London.
When can a bank reposess a car?
A bank can repossess a car at any time the loan has defaulted. Many times a bank will wait until a payment is 2 to 3 months behind before repossession.
What are the repossession laws concerning a title loan company and are they able torepossess a vehicle 2 weeks BEFORE the first payment is due?
The repossession laws will vary with each city/state. A title loan company can't repo a car if the payment is not yet due unless the car is behind on payments.
Is Arizona in front or behind UK in time?
Arizona is behind UK time, however it is the only state that stays the same time and does not adhere to dlst. -7
If you hit a car from behind is it legally your fault?
yes
Is Arizona time ahead or behind Florida?
Behind. Since Arizona does not follow Daylight Savings Time, it'd be 1 hour behind during daylight savings but 2 hours without daylight savings
Is ther a list of peoples' names on a car repossession listing in Illinois that i can pull up on computer?
Check and see if you are behind on your payments. If you are behind, you are likely on the lists.
What happens if you haven't paid the remaining balance after the repossession?
"remaining balance" as in what you are behind OR the remaining balance due on the loan??
3pm eastern is what time in Arizona?
Arizona is generally two hours behind Eastern Time. However, since Arizona does not adhere to Daylight Savings Time, it can also be three hours behind. 3 PM Eastern is either 1 PM or 12 PM in Arizona.
How many hours ahead is Arizona then Florida?
Arizona is two hours behind. If its 12:00 a.m. in Florida then it is 10:00 a.m. in Arizona.
How many payments can you be behind before your car go into repossession?
As little as 1. Depends on the lender and the agreement you signed. Read the loan agreement. My advice. Call the lender and talk about this. Work something out! You do not want your car repossed.
If you are 3 months behind on your car payments can you still buy another car and let the other car go into repossession?
no
What is the time difference between Norway and Arizona?
Norway is at GMT +1 hour Arizona is at GMT -7 hours Arizona is 8 hours behind Norway
How far behind in my car payments can I be, before I have to worry about repossession?
You can start to worry about repossession of your vehicle as soon as you miss your payment. Depending on the loan amount and the type of vehicle you have you may have up to 30 days from your last missed payment to risk loosing your vehicle. If you keep in touch with the lender of your car, you have a better chance of not loosing your vehicle right away.
What is the time difference between the east coast and Arizona?
Since Arizona doesn't honor Daylight Saving time, while the majority of the nation does ("Spring Forward"), Arizona is three hours behind East Coast. Other times ("Fall back") Arizona is two hours behind East Coast.
