answersLogoWhite

0

  • Cars & Vehicles
  • Auto Loans and Financing
  • Repossession

What should you do if your car was repossessed after you mailed your payments?

User Avatar

Wiki User

βˆ™ 2006-07-04 15:41:52

Best Answer
Copy

If you were late and in violaion of the loan agreement, the only thing you CAN do at this point is to visit the bank and see if they will make arrangements to continue the loan or optionally, pay the loan in full in exchange for the title. The conditions of the loan are important, and if you don't follow through with the terms of the contract that you signed, the bank WILL take back the car.

2006-07-04 15:41:52
This answer is:
πŸ€“
🀯
πŸ€”
User Avatar

Add your answer:

Earn +5 pts
Q: What should you do if your car was repossessed after you mailed your payments?
Write your answer...
Submit

Related Questions

When your car has been repossessed can your tags be mailed to you?

I think yes your your tags should be mailed to you but better is you have confirm with your car loan lenders.


Can your car be repossessed if you lose your job?

No, but your car can be repossessed if you don't make the payments.


Ways to cause your car to be repossessed?

The only way you can have your car repossessed would be to not make any payments. If you have taken out a loan and have not made payments, they will take your car away.


When is you car repossessed?

When you can't meet the payments.


Car repo in ny?

A car can be repossessed in the state of New York if payments are late or defaulted. The only way to not get a repossessed is to make your payments on time.


What are reasons for a car to get repossessed?

If you don't make your car payments.


Can your car be repossessed if it was in an accident and nearly totaled?

If you weren't making your payments yes. It would only be repossessed if you weren't making your payments.


Can you be arrested for not paying your car payments?

maybe but your car would be repossessed


How can you get your car repossessed?

dont pay the payments ever


What has to happen before a creditor can have your care repossessed?

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.


In Kentucky how many car payments behind do you have to be before your car is repossessed?

Your car can be repossessed if you miss one payment. Not likely they would do that but it is possible.


Can a car get repossessed after missing 2 payments in Nevada?

Yes.


Should I keep making payments in a VW diesel car?

If you keep on missing payments on your auto loan, there is a high chance that the vehicle may be repossessed by the bank.


What causes the repossession of a car?

If you do not want your car repossessed, then you need to keep up with the payments on your car. If you are behind on payments, then your car could be taken away from you legally.


How can the cosigner of a car immediately have possession of it after it was repossessed by the bank?

When you cosign for anyone you are taking 100% responsibility for the payments on that car. If the person that gets the car doesn't keep their payments up it will be repossessed by the bank with an option for the cosigner to take over payments or sell the car and pay back the loan. Marcy


How do you get your car repossessed?

If you don't pay your car payments, people go to your house and take it away.


What does repossession of car mean?

When a car is repossessed it usually means the owner is no longer able to make the payments. It is repossessed by the dealer or the bank in which to owner has the loan through.


Can you buy another car even though is repossessed?

If you have had a car repossessed, you have not kept up with the payments. You probably still owe money on the repossessed car. In these circumstances, the fact is that you can not afford to purchase another car and would not be able to obtain the finance to do so.


Why does a car get repossessed?

The person who bought the car didn't make payments so the bank takes it back.


Auto repossession laws in Nevada?

In the state of Nevada, if you do not make payments on a car you are buying, it can be repossessed with no notice given to you. Once repossessed, you will still be liable for all further payments even if the car is sold at auction to another buyer.


If your driver's license is suspended can your car be repossessed?

Not for simply having your licence suspended. Now, if you lose your job as a result of it, and are unable to make your car payments, then it can be repossessed for nonpayment.


When a car is repossessed what do you do with the insurance?

When a car has been repossessed the person paying the insurance should cancel it.


If a car was repossessed and you called and said you would pay all late payments why wouldn't they let you have the car back?

Perhaps the car is worth more than the remaining payments!


Can your car be repossessed by the car dealership if you never gave proof of income?

If you are not making the required payments to the finance company that holds the lean on you car it may be repossessed. Proof of income is not required or relevant.


Can car be repossessed with 2 payments left?

yep....pay it off so they cant