answersLogoWhite
Cars & Vehicles
Repossession
Indiana

If you do not nor ever had a contract with a financer of your car how late do you have to be on your payment for them to repo?


Top Answer
User Avatar
Wiki User
2015-07-15 19:48:08
2015-07-15 19:48:08

WHY are you even paying notes to someone who has no secutiry interest in your vehicle?? You can be ONE day late and be in default of whatever "contract" you have that convinced them to loan you money. Be Real

Related Questions

User Avatar

Butch, read your contract. Most say only that you have to be in DEFAULT. Sooo, your answer?? ONE DAY.

User Avatar

you defaulted, a contract is a contract and you have lost your trade in

User Avatar

Its NOT a matter of HOW late, just that you ARE late. Read your contract. That should explain when you are in DEFAULT.

User Avatar

Repossession can happen any time after a payment goes late; it all depends what the initial contract states.

User Avatar

READ your CONTRACT. IF the contract is in DEFAULT, the collateral CAN be repossessed.


Copyright © 2020 Multiply Media, LLC. All Rights Reserved. The material on this site can not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Multiply.