Repossession
Personal Finance
Loans
Money Management

If your car loan is almost 30 days late will they try to repossess it or will you get some kind of notice beforehand?

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Wiki User
2006-06-13 03:38:32
2006-06-13 03:38:32

You are very close to repo time call the lender and explain the situation as to why you are late they usually will work with you.You usually don't get notification of a repo but it depends on your state.

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Related Questions

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Depends entirely on what the contract you signed says. If you are 1 day late they may be able to repossess the vehicle if that is what the contract says and what your state laws are regarding repossessions. Read your contract.

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Neither. 7 days' notice.

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Banks can foreclose in as short as 90 calendar days.

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They usually repossess when you miss two or three payments. They seldom repossess if you've just missed one.

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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.

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i know that one of the requirements is that the account has to be passed due for 60 days.

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The notice period generally varies from 30 days to 90 days.

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Yes it does. It starts from THE day you give your notice. 14 days.

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SHORT TENDER NOTICE MEANS A TENDER NOTICE FOR SUPPLY OF GOODS WITH LESS DURATION, SAY 10 DAYS. NORMAL TENDER NOTICE DURATION IS 21 DAYS, BUT IN CASE OF URGENCY THEY GIVE SHORT TENDER NOTICE.

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New episodes of Burn Notice are Thursday nights on USA Network. You can watch re-plays of past episodes every Thursday on USA Network too, they play almost all day on Thursdays.

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As soon as you have defaulted on the loan, a creditor can repossess your car. So 24 hours after you have failed to pay, they can repossess your vehicle without notifying you.

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Yes, we will most definitely repo you. No notice will be given except to the local police afterwards.

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It depends on the notice and jurisdiction. Most notices say on the notice how long you have to respond.

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Generally speaking days are calender days, including any day of the week from the day the Notice is served

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If a loan is one day late they can repossess the vehicle, but most lenders would never do that

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Nothing I believe they only repossess your car if your a month or more off on your payments

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You have ten days to bring your account current or action to repossess the item will begin.

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Your governing documents are specific about the notice period, notice methodology and notice contents for any association election. There is no standard.

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"I live in and {APARTMENT} here in {MANCHESTER, KY} and all of the notice that I have to give my landlady is a 30 day notice."

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Read your contract. Likely the answer is YES. As long as you are in DEFAULT, they can repo.


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