Is it true you have to be six months behind on a car payment in the state of Nebraska before it can be repossed?
Technically they can repo your car after 30 days. Depending on the finance company
The most frequent cause of repossession is lack of payment on a note owed to a financing company or bank. The lender can repossess anytime after a payment is missed, but most won't start such proceeding until you've missed two or three payments. Always try to work with the lender before you get too far behind.
Can a company repossess your car if you are making your required payments on time every month but were behind one payment from the year before?
How many months delinquent must a mortgage loan be before the mortgage insurer contacts the home owner?
How far behind does a parent have to be behind on child support in Florida before something can be done legally and what can be done?
One payment should be enough. I suggest that you contact your State's child support agency. When you get an interview with them, bring all the papers relating to your child support: birth certificates, acknowledgments of paternity, court orders, payment records, etc. Be polite but persistent. Good luck!
6 hours. Example: 8 AM in Nebraska, USA = 2 PM in London, England. While the United States and Europe are both on Standard Time or both on Daylight Saving Time/ Summer Time (48 or 49 weeks per year), the eastern 70% of Nebraska is 6 hours behind England and the western 30% of Nebraska is 7 hours behind England.
What are the repossession laws concerning a title loan company and are they able torepossess a vehicle 2 weeks BEFORE the first payment is due?
Sure it can, if that payment was not enough to fufill your end of the contract. A car wont be repossessed if it is only a month behind. If you are five months behind, and make one payment, you are still behind... even the next day, when you are only four months behind. One payment may not catch you up. When you purchased the car, the deal was, likely, that you get to drive the…
Is it better to finance an auto purchase with a small down payment and high monthly payments or high down payment and small monthly payments?
Can your cosigner repo your car if you are behind on your payment but not in trouble with the financial institution?
You can start to worry about repossession of your vehicle as soon as you miss your payment. Depending on the loan amount and the type of vehicle you have you may have up to 30 days from your last missed payment to risk loosing your vehicle. If you keep in touch with the lender of your car, you have a better chance of not loosing your vehicle right away.
Check your loan contract, but in most cases (99.99%) if the payment does not represent the total past due amount, or if you do not have arrangements with the lender setting asside repossession actions in lieu of payment arrangements, no; one payment toward a past due balance will not stop or delay repossession of the vehicle.
Child support payment are not exempt from garnishment. It is not usually something that will be done on the day a custody determination is decided but rather the option is entered into the court order as an option that will take effect should the paying parent fail to pay. In other words if the father (usually) falls behind or refuses to pay the state can step in (via support enforcement) and garnish his wages. The…
Tenant who is behind in rent and when you called to ask what was up she threatened you and called you racial names what are your rights?
I am not sure about in New Jersey But in Florida if you can prove ability to pay the MTG they will allow you to keep home if you can bring it current, in my bankruptcy, at the time of consult i was current but fell behind before i went ot court so i included the house in the bankruptcy and was able to buy a new home in 2 years
If payment is a month behind yet two weeks ago made a full payment can they still threaten to repossess?
Answer Probably, but if payments are kept current it would be unlikely that a creditor would take such action. When a scheduled payment is missed the account is in default even if the payment is "made up" and the creditor can exercise whatever options might apply under the original agreement, including repossession of the item.