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How many payments must you miss before there is a repossession?
Wiki User
∙ 14y ago
Most lenders will begin proceedings to reposses once payments reach the 90 day late period. This does vary from vendor to vendor however.
Wiki User
∙ 14y ago
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How can you find out if you have a repossession on your vehicle?
miss a couple of car payments and you will find out!
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.
In general how many months can a person fall behind in car payments before the car will be repossessed?
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.
How late on payments do you have to be before your car can be repoed in Arizona?
Depends on your finance agreement. Most say that after you miss a payment it can be repo'd. There really is no state mandated time limit before repossession can occur. Best thing to do is make your payments and that way you don't have to worry about it.
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 do you have to miss before your car can be repo?
Depends on the lender. Legally, one!
How many payments do you miss before wellsfargo forecloses in Oregon?
Not sure the case in Oregon, but usually after 3 missed payments, the foreclosure proceedings start.
How many house payments can you miss before it is repossessed?
once you are 90 days down they can start with a foreclosure.
How many house payments can one miss before being foreclosed?
If it is not specified in the contract then it is likely at the descretion of the lender.
How many payments missed before foreclosure starts in Florida?
Different places can have various restrictions when it comes to foreclosure. However, in Florida you can miss 3 payments and then the foreclosure will start.
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.
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.
