Personal Property in the Vehicle
According to the FTC:
Regardless of the method used to dispose of a repossessed car, a creditor may not keep or sell any personal property found inside. In some states, your creditor must tell you what personal items were found in your car and how you can retrieve them. Your creditor also may be required to use reasonable care to prevent anyone else from removing your property from the car. If your creditor can't account for articles left in your vehicle, you may want to speak to an attorney about your right to compensation.
Check your state laws before you assume anything. Each state has different rules and regulations. As far as California goes, all personal property in a vehicle is removed and a complete inventory is made of all personal property that is NOT attached to the vehicle. In California any repossession company can and will charge a fee to get your personal property back, so my advice to you is handle it the day your car is taken and don't take long because fees increase daily.
You will not be allowed in your vehicle, all property is taken out for you.
Advice from other contributors:
We should dispose the body.They dispose the waste into the bin.We need to dispose the tyrant before he gets out of hand.
Depends on the company. Average 2-6 months.
The possessions belong to the parents. They actually belonged to the parents before their death.
WE'RE ON OUR WAY!!!!!
Your car can be repossessed if you miss one payment. Not likely they would do that but it is possible.
It means when you can't pay for something , you surrender it before it is repossessed.
The car can be repossessed. The estate is responsible to return the vehicle and resolve the lease or loan.
People before Places, Places before Things.
To determine how long one will have to be delinquent on a loan before a car is repossessed depends entirely on where the loan was taken from. Different places allow different payback requirements.
Repossessed cars are generally sold at auctions, so look out for car auctions in the local press. Make sure that you ask for a catalogue before the auction and do some research before you go to bid.
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A car cannot be repossessed until the owner has missed several car payments and the owner has been notified of late payments. In most states a car can be repossessed after three months of non-payment.
None. The lienholder may dispose of the vehicle as soon as they physically receive it (and probably will do so as soon as they can; they're not in the car storage business). The time to worry about paying for it was before it was repossessed.This might be different if your finance contract says otherwise, or if there's a specific law in your state requiring the lender to hold the vehicle for a certain time.That said, you might get lucky. Call them as soon as you discover it's been repossessed and see if you can work something out. If they believe you have a reasonable chance of paying them in full in a short time, they're more likely to wait and see.
till it get dull
There is no set time. Once you have defaulted on your loan, and the lender takes possession of the collateral, it is theirs to dispose of as they see fit. That they attempt to sell it at auction is one means of off-setting the debt you created. They must notify you in most states within twenty-four hours that the vehicle has been repossessed, and they must make it possible for you to recover your personal property, but they are not required to store the vehicle for any length of time before selling it.
Call the lender, and make some kind of arrangements. Do not let your car get repossessed. You will be responsible for the balance on the loan. no
That depends on the state law, but generally, no.