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

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Wiki User
2006-07-04 15:41:52

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.

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