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Repossession

If your car was just repossessed will they let you get it back if you have the money and how long will it take to get it back?


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Wiki User
2015-07-15 19:18:11
2015-07-15 19:18:11

get it back?? prolly, depends on your payment record,ect. They really dont want the car, they want the MONEY. How long?? a day or two

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The lienholder has an option to repossess when you become deficient on your payments for as long as you owe money on that vehicle. If you skip your last payment, that car can be repossessed.

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As long as you owe them money they can take it.

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Until the Statute of Limitations tolls on the judgement.

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If it's repossessed, it's repossessed... there's nothing to report. As long as there's a lien on that vehicle, the lienholder is the rightful owner of it, and can reclaim their property.

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It depends on which state you live in really. I lived in Louisiana and my car was in my mothers name she decided not to pay and it was repossessed well 11 years later they contacted me again and requested the money for the car. But that was in 1994.


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