How many payments do you have to be behind before they can repo your car?
You can be one minute past midnight late and your car can be repossessed.
A Bank does not have to give any breaks to anyone for anything.
They do it as a courtesy You need to get it out of your head that you can be one payment behind and not get popped..
April 1 payment date means April 1 not April 2nd
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If you've been making monthly payments on your car and and you are still a month behind can they repo it?
If you have fallen behind on your car payments and are trying to catch up can they still repo your car before you get caught up?
3 mos. is pretty common but it may depend on each individual loan company and how many times you have been behind. It really depends on the company. I know with some companies about a month or two and they are calling you. Other companies it can take 6 months before they want the car back. If you can make small payments to them call them up and let them know. I have had a…
Should you see if your bank will repo your car as you just can't keep making the payments and when you do they are late you have had the car for 4 month now you know it will make your credit bad?
Good question...how did you find out about the repo fee?? Have you been repoed before?? Are you in default now?? If you're not in default, dont worry about it, hope they repo it so you can sue them.... IF you ARE in default, pay up today Yes that is what it means. If you were behind on your payments and didn't call the lender to work out a deal before a repossession order was issued…
If you are current on payments and leave a car at the dealer because you are way upside down does it hurt your credit?
Your question is too vague. If you are asking what defense do you have against a repo company if your payments are behind and they came and picked up your car without breaking the law, then nothing. If your payments are current and there is no legitimate repossession order, then they stole the car. There are too many variables to answer this question accurately.
If your son bought an ATV and you cosigned for him and then filed bankruptcy and your son is behind on payments can the repo man come to your home every 48 hours after you told him your son moved out?
As cosigner on the loan you are equally responsible for for payment on the loan. If the lender has hired a repo company to take back the ATV for non payment, then the repo company is going to do everything possible to get it. That includes the frequent visits to your home in an effort to locate the ATV. If you want the repo man off your back, tell him where to find what he…
If you go from Missouri to California to repo a car but the payments are caught up before you get there do they still have to pay your expenses?
It depends on which state you are in. In Kansas and a few others that I have some familiarity with, you have to have been 45 days late at some time. If you cured the default at that time and miss a later payment, even by a day, they CAN repo (probably none will, but they can). Your car can also be repo'd when your payments are current if you violate any other provisions of…
What can you do if you sold a car on payments privately and you still have the title and the buyer is hiding and not making payments?
Can you repo a car if you signed the loan but your ex-spouse is the only name on the registration and she is not making the payments?
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?
If your car is repossessed for being three payments behind can the bank refuse to give the vehicle back if you pay the repo fee and catch up your payments?
Do repo men look for a car all over the state you mean is only one repo company in your city notified of the repossession or are multiple companies in non adjacent towns notified as well?
Repo is short for repurchase agreement. Those who deal in government securities use repos as a form of overnight borrowing. Short for "repossession". In the case of the show "Operation Repo" they receive notices that someone has fallen behind on car payments and come tow the car until the owner can arrange with the bank to pay them.
If you were 450 behind on payments for a truck and the seller said it was okay and you could work something out can he then just decide to repo the truck?
When a debtor is behind on payments, NC law allows the lender to take possession of, or "repossess" the vehicle. A repo company on behalf of the lender can take the vehicle at anytime, anywhere that the vehicle is found and accessible. If the vehicle is in a locked fence or garage then the repo company cannot force entry to get to the vehicle.