check it out! http://janus.state.me.us/legis/statutes/9-A/title9-Asec5-110.html There are different laws in different states. The ones I am familiar with send the right to cure letter the first time the payment is 45 days late. It states that you may continue the contract if you make up the delinquent payments within 20 days. If you do not make these payments, the car can be repossessed on the 21st day. If you do make the payments and reinstate the contract, the car may be repossessed anytime you are in default - and that means even one day late - without giving you any additional notice.
The right to cure in California law allows the borrower ,who is in default of the mortgage, to pay the amount due on the mortgage, and all costs and expenses. This must be done between the time the foreclosure notice is filed and 5 days before the foreclosure sale.
Yes, MO does have a right to cure section in their repossession statute.
See the below link for further information:
Need to know if South Carolina is a Right to Cure State when it comes to repossession of vehicles.
Approximately 25 states have some sort of right to cure law. Go to your states Attorney General's website for information about your states laws. half of the states have enacted "right to cure," or "notice andopportunity to repair" legislationhalf of the states have enacted "right to cure," or "notice andopportunity to repair" legislationhalf of the states have enacted "right to cure," or "notice andopportunity to repair" legislation.
No. But after repo they are.
It depends on the contract wording. However, most states allow the contractor to attempt a repair to cure the problem.
The majority of states allow for a repossession as long as there is no "breach of the peace." There are a few states that require a Right to Cure letter being sent out roughly 20 days prior to a repossession. You need to check your state law.
The cure for me is that you just now this guy is the right one and you know it
If a bank has a lien on a unit and you are not paying they have the right to repo it. You need to talk to them and work out payments. A cure letter is them giving you 20 days to either pay the delinquent amount or they will take other actions such as a law suit or repo.
I believe you may be referring to the use of the word "cure" as meaning a "remedy to." (i.e.- By doing 'thus-and-so" you can "cure" the situation.).
yes! if you find the right herbs or resources you can cure yourself!
yes
New York state does not have a right to cure or opportunity to repair law. In New York, a creditor may repossess your vehicle with no prior notice, once you are behind in payments. They must notify you by first class mail within 24-hours of the repossession, and notify the nearest motor vehicle office.
no one knows