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Repossession
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If you had a truck repossessed in Oregon and it took over 6 months for the lender to contact you what are your rights?


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Wiki User
2015-07-15 19:10:22
2015-07-15 19:10:22
  1. 1. You have the right to appear at the court when they summons you. This will be your chance to convince the judge that you cant pay the money you owe the lender. IF you miss that, its all downhill for you. Good Luck

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Pay it. negotiate with the lender for reduced payoff.The lender can get wage garnishment.ect. They will hound you till you pay.

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Technically you breached the contract with the lender if you did not make payments in 6 months. They actually have the right to NOT accept further payments from you. So yes, it can still be repossessed.

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YES you can. Just notify the lender where you dropped it off. No need to let it sit at a dealership for 2-3 months doing nothing waiting for the lender to locate it. That will save you a lot of phone calls from the lender also.

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The Oregon Trail was 4-6 months

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If the dealer calls you after the car has been repossessed, then you should inform them that you no longer have the car. They can contact the finance company to verify the information.


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