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How many payments or amount behind do you have to be to get your car repossessed by Ford Motor Credit in Colorado?
Wiki User
∙ 8y ago
legally, you only have to be behind one day. Usually a lender will try to work wityh you for 30-60 days to let you catch up. They dont want the car, they want the money.
HEY GUYS TRY WWW.STOPTHEREPOMAN.COM TO KEEP FROM LETTING YOUR CAR BE REPOSSESSED
Wiki User
∙ 8y ago
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Does bankruptcy cover the amount you are upside down on a vehicle after it has been repossessed in Colorado?
It can.
What happens if you stop paying on a laptop you were renting?
The laptop will be repossessed and the amount you owe will be increased by late fees, costs and penalties. The default will be reported to your credit record where it will do considerable damage.The laptop will be repossessed and the amount you owe will be increased by late fees, costs and penalties. The default will be reported to your credit record where it will do considerable damage.The laptop will be repossessed and the amount you owe will be increased by late fees, costs and penalties. The default will be reported to your credit record where it will do considerable damage.The laptop will be repossessed and the amount you owe will be increased by late fees, costs and penalties. The default will be reported to your credit record where it will do considerable damage.
As a cosigner can you sue the signer for the amount you had to pay off to the credit company if he made no effort to make payments towards the car for the last 4 months until it was repossessed?
That would be something you would have to settle in a small claims court.
How could one avoid bad credit ratings?
You can avoid bad credit ratings by ensureing that payments to creditors are made on time and at the required amount. If you miss payments that may be logged on your credit record, leading to a poor rating.
What is the amount of ashley's additional child tax credit in the payments section form 1040?
474
What are the booking entries for operating lease payments?
increase rent expense by payment amount (debit) reduce cash by payment amount (credit)
How is your FICO credit score calculated?
Credit score depends of following factors # On Time Payments # Quantity and Amount of Loans # Length of Credit history # Types of Credit Lines # Previous Credit Card Applications
What happens if you are paying less on a car loan because you lost your job but you are on time every month can the car company take your car?
With any debt, even if you are making a monthly payment, you are not paying the full amount due. The car may be repossessed, your credit report can reflect these late payments thus making future credit applications more challenging.
Why is it unwise to pay minimum payments on your credit card?
It is unwise to pay minimum payments due on credit cards because the payment will cover only a small portion of the principal amount and more on interest and financial charges.
Why don't the credit card company put my payments towards the past due amount?
coz ur an idiot ;)
Is it legal for a credit card company to double the amount borrowed if you fall back on payments?
Credit card companies can charge what they like in fees. It's up to the user to make sure they use the card responsibly - and not default n payments. However - doubling the amount owed on the card is rare !
If you let your mobile home be repossessed what effects will it have on your credit and can you be sued?
Repossession of any chattel (boats, cars, anything) will adversely affect your credit, so you may not be able to establish new credit for a few years. If you promised to pay for something, and you didn't, the general answer is that the agrieved party (lender in your case) can sue to recover the amount you owe, less the amount they recover by selling the repossessed property, plus interest, fees, attorneys fees and court costs.
