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I paid 750 toward a down payment on a car I had 50 remaining. They repossessed my car the morning after I was supposed to pay the remaining 50. I had the car less than a week. Can I get my 750?
Wiki User
∙ 12y ago
If I were you, I wouldn't of paid it if you couldn't. But I'm pretty sure you can
Wiki User
∙ 12y ago
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Can your car get repossessed if you are not 30 days late with payment?
Yes. Most lenders give customers 10 to 15 days grace to make a payment or for a payment made to post. However, by the language of most car notes, anything past a certain period of time (usually two weeks) is considered delinquent, and the balance of the loan is owed. The lender at this point is not required to accept anything less than payment of the remaining balance. And, the vehicle can be repossessed at any time to secure payment of the remaining balance.
If a financed vehicle is contracted with another person who is not making payments can it be repossessed?
If you're asking whether the vehicle can be repossessed for non-payment, it can, regardless of who's supposed to be making payments. Whoever appears on the contract or paperwork for the car is responsible for the payment, regardless of what informal agreements may be in place.
Can a car be repossessed the day a payment was made?
YES.
How can you keep your car from being repossessed if it is 65 days over due?
Pay off the remaining balance of the loan. Make sure you have a receipt or put on the check, "Endorsment acknowledges payment in full."
What will happen if your car down payment bounced and you made a particial payment?
The car will probably be repossessed.
Can they repossessed the car if you just owe the last payment?
The lienholder has an option to repossess when you become deficient on your payments for as long as you owe money on that vehicle. If you skip your last payment, that car can be repossessed.
If your car was repossessed 7 years ago can creditors come after you for payment now in the State of Georgia?
Yes. Well, maybe. Your are legally responsible for payment of the remaining balance of the loan for seven years from the last date of payment. In the event a judgment was obtained, you are responsible for ten years after the date of last payment. Quite likely, there is a judgment, as this would be the only security the lender has of receiving payment.
What is the time limit to recover a repossessed vehicle in Texas?
Under Texas law, a vehicle may be repossessed even if payment was only late for 10 days. This means that is payment was due on the first day of the month, and payment has not been settled on the tenth, then, vehicle will be repossessed on the eleventh.
Can your vehicle be repossessed if you are awaiting to be paid by the federal government?
It depends on you locatily, but in general, yes, if you are behind on your payment, your vehicle can be repossessed.
Can you get your car back if its repossessed?
Yes. If the payment is made to the finnance company.
Can your car still be repossessed if the payment is 30 days late?
Absolutely.
Can a vehicle be repossessed if the payment is 21 days late in New York State?
READ your CONTRACT. IF the contract is in DEFAULT, the collateral CAN be repossessed.
