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What if the bank never sent payment book out to let you know that they will be handling your accountbut you have been trying to fid out who do you pay for 4monathing now gmac repossed the car what do?
Wiki User
∙ 16y ago
When you purchased the vehicle you assumed the responsibilty for making the payments. For most finance companies their terms for default allow more than ample time for you to have made arrangements. If they failed to send you a payment book you should still have known you had payments to pay.
Wiki User
∙ 16y ago
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If late payment was to be paid today but wasnt can they reposses today?
if payment due today can it be repossed today
Can your car be repossed before your car payment is due?
No, until you have missed a scheduled payment (at the very least), the lender has no right to the property.
Can a military members car be repossed?
Anyone's car can be "repossessed" if they don't make their car payment.....
If one car is behind and the other is current can both cars be repossed?
No they cant only the behind on its payment can be taken.Even if the same bank is used on both cars only the car behind on payment will be taken.
If you are two months behind on a payment can your car be repossed?
First off it is not your car. The car belongs to the lender until you pay for it. Legally if you miss 1 payment you are delinquent and they can start repossession proceedings on their vehicle.
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
You cannot make the rest of the down payment and the dealer wants the car back do they have to give us back your trade?
In Chicago, IL if your car is repossed by the dealer do you still have to pay back the money for the car?
What is a common payment to a attorney handling a lawsuit?
You need to consult with an attorney who can review your situation and explain your options.
My car was repossed on Florida for late payment and princle interst is this legal?
yes yOU DIDNT MAKE PAYMENTS LIKE YOU SHOULD HAVE, THEY HAVE EVERY RIGHT, AND IF YOU DONT PAY WHAT YOU OWE INCLUDING OTHER FEES THEY CAN FREEZE YOUR ACCOUNT BUT THAT TAKES SOMETIME...
When can your car be repossed?
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.
What is a common payment to an attorney handling a lawsuit?
I believe that typical rates as of 2010 are in the vicinity of $300 per hour.
Car loan and the payment is too high can you keep your loan but get a cheaper car?
That would depend on how much you owe on this car. You need to contact the lender and see what can be worked out. Do not allow this car to be repossed. That would compound and already bad situation.
