answersLogoWhite

0


Best Answer
Copy

It looks borderline MEAN, but if you were late, you were in DEFAULT and the lender has the right to repo when you're in default. Some lenders (BHPH lots) are MORE aggressive in their repo policies that others.

User Avatar

Wiki User

โˆ™ 2015-07-16 19:18:11
This answer is:
๐Ÿ™
0
๐Ÿคจ
0
๐Ÿ˜ฎ
0
๐Ÿ˜‚
0
User Avatar

Add your answer:

Earn +5 pts
Q: If your car payment was 22 days late and when you made your payment the car was repossessed on the spot is there anything you can do?
Write your answer...
Submit

Related Questions

Can your car still be repossessed if the payment is 30 days late?

Absolutely.


Can a vehicle be repossessed if the payment is 21 days late in New York State?

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


Can your car be repossessed after being late a few days?

It can be. but generally wont be unless its your first payment.


How many days late on car payment before it can be repo?

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.


Can your car get repossessed if you are not 30 days late with payment?

Yes. Most lenders give customers 10 to 15 days grace to make a payment or for a payment made to post. However, by the language of most car notes, anything past a certain period of time (usually two weeks) is considered delinquent, and the balance of the loan is owed. The lender at this point is not required to accept anything less than payment of the remaining balance. And, the vehicle can be repossessed at any time to secure payment of the remaining balance.


What is the time frame to repossess a car in Texas?

Under Texas law, a vehicle may be repossessed even if payment was only late for 10 days. This means that is payment was due on the first day of the month, and payment has not been settled on the tenth, then, vehicle will be repossessed on the eleventh.


How late does your payment have to be before your car can be repossessed in Florida?

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


Can a vehicle be repossessed because the payment is 15 days late after 4 years of payments and only 3000 dollars owed?

If you are in DEFAULT of the contract, the collateral can be repoed.


Can a vehicle get repossessed if your first payment is 15 days late?

Read the fine print of your contract carefully. I have never heard of a vehicle leasing/purchasing contract NOT having a first payment default clause.


Can your car be repossessed if the payment is two weeks late?

READ your contract. If you are in DEFAULT of the terms, you can get repoed.


Can your car be repossessed before being 90 days late?

Yes


Can a car be repossessed if you are late making the remainder of the down payment but have been on time making the car payment?

YES, making the down payment is part of the contract and you are in default on it.


What is the time span of a late payment until your vehicle will be repossessed in the state of North Carolina?

That is determined by the LENDER.


Late on your car payment by 10-15 days once car was repossessed Asked the company why they took car they said had not rcvd that months payment and no wk. Can this be done?

Yes it can be done,read your loan agreement.


Can a lender in Calif charge a fee to cancel a car repossesion which never was repossessed due to a payment received 3 days late?

No this is a bogus fee.Don't pay it ask for a reciept for what they are trying to charge you for.


Can you pay the late payment and get your car back within 14 days of it being repossessed?

In some states under some conditions, YES. It depends on how many times you have been late, repoed, in default, the terms of the contract you signed,ect.


You are late 10 days on your loan against your car and the financial institute is harassing you that they are going to repossessed the car can they do that being only 10 days late?

Yes, they can!


What has to happen before a creditor can have your care repossessed?

A car cannot be repossessed until the owner has missed several car payments and the owner has been notified of late payments. In most states a car can be repossessed after three months of non-payment.


Can an Auto Ins Company Charge a late fee without your knowledge and only find out when you are 4 days late on a payment?

i am late on payment for auto insurance what can i do.


When is your mortage late?

Technically you are late if you make your payment anytime after the due date. The vast majority of mortgages are due on the 1st of the month. Most mortgage companies will not assess a late fee unless you are 15 or more days late. At that point the normal late fee will be 5% of your regular mortgage payment. The lender will not report the late payment to a credit bureau until you are 30 days late.


How late must a payment be before they can turn it in to collection?

60 days


If I am 45 days late with my car payment can they repo my car in Pennsylvania?

no they can't


By law how many days does your payment have to be late for a reposession to occur?

Usually one.


Can repossession happen for being 10 days late on a payment?

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


If you sent a payment to the bank clearly noted for a car loan but they deposited it in your account instead and then your car was repossessed can you sue the bank?

It depends. What was the result of that error being made? Was your vehicle repossessed because the payment went to the wrong account? As far as "legally filing a lawsuit" you can do that to anyone for anything. Most banks will rectify the mistake by correcting the routing of that deposit and clearing the late fee if they see that the payment was received on or before the due date. However, they can tell if it was an honest error or if you are trying to slip one by on them.