0
If payment is a month behind yet two weeks ago made a full payment can they still threaten to repossess?
Wiki User
∙ 11y ago
Probably, but if payments are kept current it would be unlikely that a creditor would take such action. When a scheduled payment is missed the account is in default even if the payment is "made up" and the creditor can exercisewhatever options might apply under the original agreement, including repossession of the item.
Wiki User
∙ 11y ago
Add your answer:
Earn +20 pts
Can a company repossess your car if you are making your required payments on time every month but were behind one payment from the year before?
but were behind one payment from the year before?":**** you answered your own question, didnt you? Pay them $5.00 per month on the way behind payment and maybe they will be quiet. LOL
Can a your car be repossess if you are one month behind In North Carolina?
jackoff
If you make a payment every month on your car in the state of Illinois can they repossess it if you don't make the exact full payment every month?
It depends on the terms of the contract, but probably.
Is it legal for a car dealer to repossess a vehicle after 27 days late on payment?
Depends on your jurisdiction. If you're late on a payment for just 1 month, it's legal for the car dealer to repossess your vehicle, but 27 days seems a bit uncalled for.
What if you are late 3 days on car payment?
Nothing I believe they only repossess your car if your a month or more off on your payments
In Delaware if you are a month behind on your car payments and they threaten to repossess it if you pay it in a week can they still come after you?
Standard answer. READ your contract. Then go to www.state.de.us and look up the laws. DEFAULT is default in any state. A few states have "20 day right to cure" laws that on give you 20 days to get out of default. Other than that, when you are in default of the contract, the lender can repo. Good Luck in DE.
Is the payment mortgage on the first of the month covers for that month?
The payment due for the 1st is for present month.
How many missed payments does it take for a car to legally be repossessed in Florida?
It depends on your juristiction. Most juristictions around the United States of America can legally repossess your vehicle if you're late on your payment by just 1 month.
What does monthly periodic payment means?
a monthly periodic payment is a payment made each month at a specific time each month. This can either be a payment made to an individual such as an annuity payment, or a payment made from an individual such as a loan payment.
I was two months behind but still pay a payment every month. can the car still get repossessed?
If they are accepting your payments, they probably won't take your car.
How many days does a car lot have to give you before they repossess your car?
Usually no longer then a month
Can a car be repossessed one day after a payment was made?
Sure it can, if that payment was not enough to fufill your end of the contract. A car wont be repossessed if it is only a month behind. If you are five months behind, and make one payment, you are still behind... even the next day, when you are only four months behind. One payment may not catch you up. When you purchased the car, the deal was, likely, that you get to drive the sellers car, (seller still owns it till the final payment is made), and the seller gets money from you at stated time intervals, likely once per month. If you broke your end of the deal, you no longer have a right to drive the car owned by someone else. Make those payments on time, then you need never worry about the repo man.
