When the contract is in DEFAULT.
READ your CONTRACT. IF the contract is in DEFAULT, the collateral CAN be repossessed.
READ your contract you signed. Call a local attorney for state specific legal advice.
READ your contract.
Depends on the contract you signed and the state that you live in. Some states require a 15 or 20 day Right to Cure letter be sent to the debtor prior to repossession and some states allow the vehicle to be repossessed the day after you miss your payment.
Read the contract you signed. it likely states that when in DEFAULT, the lender can repo the collateral. Default is when you dont pay a payment as agreed or any other condition of the contract. No rocket science here.
You need to contact a local attorney for state specific advice.
Yes, a contract signed in one state is generally legally binding in another state as long as it meets the legal requirements of both states and does not violate any laws.
Depends on your state laws and the contract you signed with the lender. Read your contract. after the second payment is not paid
Contact a local attorney for state/case specific advice.
Melissa, what does your contract say?? It also depends on what state you are in. Usually, YES, you do have to pay.
Depends on the state and any contract you signed.