It is simple if you are the one being the one they are taking it from they just come and get it. If you are the one who is taking it back and the person is not willing to give it back you have to file papers in court(not sure which) but I know as of this happing to me that most do not do. In my case I let the truck go.
The repossession process of a car usually takes about 6 months
who is allow to do Vehichle/car repossession? when is a vehichle/car repossession not allowed? whats the minimum insurance needed for car repossession?
How do you write a car repossession letter?
is concealing a car from repossession a felony in georgia?
Only if you pay up all the arrears payments that caused the repossession process to begin in the first place. Partial payments will have to be negotiated with the original lender.
Yes, after due process is followed in accordance with the laws of the state.
yes. you wil get late notices for your deliquent payments .
A repossession is a repossession, no matter if it is voluntary or not. Your credit will be ruined for 7 years.
Five Star Process Service and 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.
The repossession stays on your credit report for 7 years.
Possibly, but they can certainly prevent you from interfering, as it is no longer your car, hence the repossession.