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If you only had one late payment which was 8 payments prior to your last month when the car was repossessed what rights do you have?

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Wiki User
2015-07-15 19:36:10
2015-07-15 19:36:10

Read your contract. Basically, you have the right to pay the default amount, the repo fees, storage,ect and get your car back. UNLESS there are other defaults you forgot to mention.

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The length of time that a car payment can be late without being repossessed will depend on the bank or car dealers agreements. Payments made after a month may be in jeopardy of being repossessed.

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If they are accepting your payments, they probably won't take your car.

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Monthy payments are payments you make every month, like a house payment, loan payment, water, electric, gas (for heating), phone, insurance if you pay monthly, etc.

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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.


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