0
How many payments can you be past due before a lender can legally response my vehicle in KY Only owing 600.00?
Wiki User
∙ 11y ago
Depends on what the contract you signed says. In most instances if you miss one payment then legally they can repossess the car.
Wiki User
∙ 11y ago
Add your answer:
Earn +20 pts
How long do you have to get your vehicle before they can legally search?
Legally search for WHAT?
How many payments do you have to miss before your car can be repo?
Depends on the lender. Legally, one!
How many payments can you be past due before a lender can legally repossess your vehicle?
Usually Three. Could be less in some states. In reality, one should not be any payments past due - this will definitely harm ones credit ratings for the next 7 years!!
How long before your vehicle can legally be repossessed?
WE'RE ON OUR WAY!!!!!
Can you file bankruptcy in Ohio then move to Germany before the bankruptcy is complete?
Yes, you can move anywhere you want to, but if you are paying payments (Chapter 13) you are still legally obligated to make the payments.
How many payments can you miss before your car will be repossessed?
Legally if you miss 1 payment you are delinquent and they can start repossession proceedings on their vehicle. Remember it is not your car until you pay for it. It belongs to the lender.
Can I legally sell my car before I have paid for it?
No you can not. I would assume that whoever you have it financed through still has the title. You cannot sell the vehicle until the title is in your name. The person that you are selling it to may pay you what you want and then take over the payments if your financial institution allows it.
Can you insure a new car before purchase?
In most states it is legally required that you have insurance on the vehicle before driving it off the lot.
In Texas do they have to inform you before they repo your vehicle?
It is probably stated in your finance or lease agreement that if you don't make your payments on time that the finance company has the right to repossess the vehicle. Consider yourself informed. Long story short, if you don't want your vehicle repossessed you need to make your payments.
How long before they can forclose on your home?
Legally they can foreclose at any time, even if you have made all payments on time. In practice however, they normally don't foreclose until you have missed several payments; the exact policies will vary depending on your lending institution.
Can a co-signer take possession of a vehicle if the payments are a few days late?
It depends onwhat's in the contract. * The co-signer would need to be on the vehicle title as a co-owner or a lien holder before they would be able to take possession of the vehicle.
Can you pay the late payments before the car goes to auction?
In most situations yes. However, it is important to know that the lender may ask for payment in full before redeeming the vehicle back to you.
