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When a car is repossessed it usually means the owner is no longer able to make the payments. It is repossessed by the dealer or the bank in which to owner has the loan through.

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โˆ™ 2011-07-18 14:28:11
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Q: What does repossession of car mean?
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Related questions

How do you write a car repossession letter?

How do you write a car repossession letter?


Where do you get car repossossion permit?

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Is concealing a car from repossession a felony in Georgia?

is concealing a car from repossession a felony in georgia?


How long does the repossession process of a car usually take?

The repossession process of a car usually takes about 6 months


How will a voluntary repossession affect your purchasing a car within a year from the voluntary repossession?

A repossession is a repossession, no matter if it is voluntary or not. Your credit will be ruined for 7 years.


How long after repossession can you get a car loan?

The repossession stays on your credit report for 7 years.


How do you get my car back after repossession in Louisiana?

Make your car payments.


Can you get a personal loan after a car repossession?

You might be able to get a personal loan after a car repossession. However, you would get the loan at a very high interest rate one the repossession is on your credit report.


Can police help the repossession men take your car in Michigan?

Possibly, but they can certainly prevent you from interfering, as it is no longer your car, hence the repossession.


Can you get your car back after a repossession if you file chapter 13 bankruptcy?

In GA Can you get your car back after a repossession if you file chapter 13 bankruptcy


Can you register a car being repossessed?

The tow/repossession company has to notify the police of the repossession so the car can't be reported stolen..


What happens in a repossession?

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