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Laws vary from state to state. However, if you haven't made your mortgage payments for several months, the bank is likely to repossess your home. Generally the time period is up to the lender, but once the paperwork goes through--you will receive notices if your mailing address is up to date-- you should expect short notice that you are being evicted. Evading receipt of the paperwork does not change matters. Long story short, the best thing to do if you cannot make payments is to have a serious discussion with the right person at the lender--the servicing company is not necessarily the place for real help. See related link for definitions of terms.
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Manufactured home repossession law in state of Oregon?
repossess manufactured home in oregon
Repossession law to carry a firearm?
Repossession agents are NOT law enforcement officers, if they carry firearms they must be properly licensed to do so.
What is Florida repossession law?
on products, not vehicles
What is the car repossession law in Arizona?
check with your court house.
What is the repossession law in California for private sellers?
If the buyer has not paid they technically have not bought the item up for repossession. Go get that SH*T
If a car is sold after repossession does law state that it must be reported to the bureau as zero balance?
If a car is sold after repossession does the law states that it must be reported to the credit bureau as zero balance?
What is the repossession law in California?
can you get your auto reposessed if your 2 payments behind NO
Can a repo take place at your work in Florida?
A repossession can be executed anyplace or time that a person holding the repossession order sees the vehicle in question, as long as the repo man does not violate the law in doing so. That said, Florida law does not restrict repossession according to location.
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.
Who do you turn to for repossession advice on your home.?
A lawyer...only and always.
If you have a voluntary repossession can they take your home?
NO, they can attach a lien to be paid FIRST if/when the home is sold.
How long does a repossession in Mississippi stay on your credit report?
By federal law, 7 years from the date of repossession or sale or last payment. The state is irrelevant.
