Yes, in some states you can be as little as 30 days late before the reposession process is begun. This seems to vary based on laws from state to state as well as with individual finance companies. The exact answer for your situation should be located in the original finance contract that you signed. Yes, in some states you can be as little as 30 days late before the reposession process is begun. This seems to vary based on laws from state to state as well as with individual finance companies. The exact answer for your situation should be located in the original finance contract that you signed.
YES,its still their car. You should have had it towed away 3 months after filing. NO, you cant charge them storage.
Yes. Normally if you are 3 months behind the finance company can take back the collateral. This is a default. Remember, you signed a contract with the bank stating that you would make your payments. It's not their fault you can't pay. However, any decent bank should be able to work with you in the event you lost your job. The key here is to communicate with them and don't dodge their phone calls. If you are honest with them, you can normally buy yourself a couple of months.
TTM stands for "trailing twelve months" on Yahoo Finance. It refers to the financial data from the past twelve months, providing a snapshot of a company's performance over that period.
TTM in Yahoo Finance stands for "Trailing Twelve Months." It is a financial metric that calculates a company's performance over the past twelve months. This calculation includes the company's revenue, earnings, and other financial data from the most recent four quarters.
TTM on Yahoo Finance stands for "Trailing Twelve Months." It is a financial metric that calculates a company's performance over the past twelve months. This calculation includes the company's revenue, earnings, and other financial data from the most recent four quarters.
Check your loan documents but they can if you are one day late. Most don't because they really want the money. Three to six months late on payments the REPO man will be looking for ya.
Technically they can repo your car after 30 days. Depending on the finance company
2-5 months
The finance company has the right to repo a vehicle the day after the payment is due if it is stated in your contract. they usually wait till you are 30-60 days past due.
In many states it only has to be 30 days late. 7 mos. is more than time req'd in any.
If you mean that you haven't paid them in 6 months then YES, they can re-possess. -You should have sent dated checks or made bank payments somehow whether or not they were "available". You may be able to negotiate your way out if you make a substantial payment right now.
If the dealer calls you after the car has been repossessed, then you should inform them that you no longer have the car. They can contact the finance company to verify the information.
YES,its still their car. You should have had it towed away 3 months after filing. NO, you cant charge them storage.
Yes. Normally if you are 3 months behind the finance company can take back the collateral. This is a default. Remember, you signed a contract with the bank stating that you would make your payments. It's not their fault you can't pay. However, any decent bank should be able to work with you in the event you lost your job. The key here is to communicate with them and don't dodge their phone calls. If you are honest with them, you can normally buy yourself a couple of months.
If they accept the payment you're ok. The big question is "If." You should send enough to pay the interest. Most companies don't repossess the car for a couple of months.
Is this a voluntarily repo are you owe 4 months of payment?
A bank can repossess a car at any time the loan has defaulted. Many times a bank will wait until a payment is 2 to 3 months behind before repossession.