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What if the Bank has not picked up a surrendered car in months?
Wiki User
∙ 15y ago
You are still on the hook. Better to deliver the vehicle to the bank, and walk away from it, leave the keys and signed ownership with the manager, and notify the insurance company that it was surrendered.
Wiki User
∙ 15y ago
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What should you do if the bank never picked up your car after you voluntarily surrendered it?
DRIVE it if it runs or call a towing company to come get it if it doesnt run.
How many months of not paying a car before bank can repo the car?
Depends on the lending institution but the S.O.P. (Standard Operating Procedure) for most is 3 months.
When can a bank reposess a car?
A bank can repossess a car at any time the loan has defaulted. Many times a bank will wait until a payment is 2 to 3 months behind before repossession.
What does a surrendered car title mean?
what does surrendered title mean on my registration?
What do you do with a car that was voluntarily reposesed and the bank never picked it up?
The simple answer is, that if the bank never picked it up it is not repossessed. If you are not making your payments, and really want to give up the vehicle, what a lot of people do is take it back to the bank, and leave it in their parking lot. Be sure to give the bank manager the key and let them know what you are doing. If this is not possible continue to try to call them.
What if 18 year old cosigner for an auto files bankruptcy when buyer defaults - Oklahoma?
Both have a problem and the car will be picked up by the bank.
If a car loan has been written off but no one has picked up the car and you are a year behind can you make a payment to keep the car?
It has been 4 years on a can loan . Can the co-signer have to pay the bank? I was told that this was wriiten off.
What do you do if your extended warranty won't cover repairs and your car payment is due?
talk with the bank in which you have the car loan through about deferring your curent months payment due to car repairs.
How many months can the bank reposession your car in New York?
It usually will take up to 2-3 months, they will call you with several options to see if there is anyway to figure a way for you to stay in the car.
Is picked a adjective?
No, "picked" is a past tense verb. An adjective describes a noun or pronoun, while a verb expresses an action, occurrence, or state of being.
Is there any Criminal liability if your car has not been picked up after bankruptcy has been discharged it has been almost 7 months?
Presuming you weren't instructed to drop it someplace or such, no.
In general how many months can a person fall behind in car payments before the car will be repossessed?
Typically a person is given three months or approximately 90 days to miss car payments before a car is subject to repossession. Usually the bank or credit union that issued the loan will call to try and arrange payments with the car owner.
