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When can your car be repossed?

Updated: 9/11/2023
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Wiki User

13y ago

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The most frequent cause of repossession is lack of payment on a note owed to a financing company or bank. The lender can repossess anytime after a payment is missed, but most won't start such proceeding until you've missed two or three payments. Always try to work with the lender before you get too far behind.

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Wiki User

13y ago
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Q: When can your car be repossed?
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