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The "rules" are what you agreed to when YOU SIGNED the contract.READ your contract again where it mentions DEFAULT. Rule prolly says that when you are in DEFAULT of the contract that your car can be repoed. That would be ONE DAY LATE. BUT most lenders dont want the car, they want the MONEY sooo they give you all the slack they can before they repo.Sorri, but you are on THIN ice now and its melting FAST. It will be a good idea to get your personal property out nOW before it gets repoed and COSTS you to get it back.

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โˆ™ 2004-09-07 16:29:24
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Q: What are the rules in the state of Florida about vehicle repossession?
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Is it illegal to conceal a car from repossession in Florida?

Concealment of a car up for repossession in Florida is a felony. You can be charged with hindering a lender in repossessing a vehicle, or even grand theft auto. Additionally, the state of Florida will not permit you to register any vehicle in your name if you have an active repossession against you.


What happens if you conceal a car on repossession in Florida?

Concealment of a car up for repossession in Florida is a felony. You can be charged with hindering a lender in repossessing a vehicle, or even grand theft auto. Additionally, the state of Florida will not permit you to register any vehicle in your name if you have an active repossession against you.


What is the statute of limitation on vehicle repossession in the state of Florida?

As far as I know there is no statute of limitations on repossession in any state. Check with your state Attorney General to be sure. I will post a link for you to read.


A sample letter of vehicle repossession for the state of Texas Where can you find one?

Sample letter of vehicle repossession for the state of texas


Is a repossession vehicle allowed to repossess a vehicle inside a private community in the state of Florida?

If the repossessor is allowed in, yes. They cannot force their way into the community.


What if your car is registered in North Carolina but you move to Florida under a repossession?

Ouch! If your vehicle is up for repossession and you have moved from any state to Florida, you may find it difficult to register it or any other vehicle in Florida until the repossession matter is settled. Additionally, you can be criminally prosecuted in Florida if you attempt to hinder the lender in securing their collateral. Further, the repossession agents in much of Forida are among the best in the country, and the ratio of camera cars is pretty high; your vehicle will be found, and they will take it, probably at the most inconvenient time for you.


If your car is scheduled for repossession in one state and you move to another state can you reregister it in the new state?

In some cases yes. In a growing number of states, no. Florida was one of the first to pass this new law. In the state of Florida, if you have a single vehicle up for repossession, you may not be able to register ANY vehicles you own.


How long does the state of Florida have to file a voluntary repossession claim against you?

There is no specific time limit for a repossession in Florida. Florida law does not require a creditor to give notice before starting a repossession.


If your vehicle loan was made in one state but the vehicle is currently in another state which state's repossession laws apply?

the state the car is in govern the repossession, the lenders choice on which state governs collection efforts. Read your contract.


Can you be arrested for vehicle embezzlement if you are knowingly hiding a vehicle from a repossession agency in the state of Arizona?

yes.


What are the laws about repossession when payments are current?

This is one question that I had to get the answer to recently, and with the quickness! I learned that the laws governing the rules of repossession vary from state to state. You will need to look up the laws to find out your states terms and conditions. The lending bank's state of origin does not matter, it depends solely on the state the vehicle is registered in. Massachusetts requires


Can a lender report a vechicle stolen while trying to repossess in the state of Florida?

In the event that the possessor of the vehicle is not a contracted party, or if the contracted party is actively seeking to hinder repossession, then yes, the lender can report the vehicle stolen.

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