Yes, you have probably been found in default. If you wish to contest whatever it is, you will need to file a motion with the Clerk of Court to re-open the matter, and then hope your motion is granted.
No, being two days late in responding to a lawsuit generally does not automatically result in default judgment. However, failing to respond to a lawsuit within the timeframe specified in the court rules could lead to a default judgment being entered against you. It is important to address legal matters promptly to avoid adverse consequences.
An example of default by a debtor could be when they fail to make payments on a loan or mortgage as agreed upon in the terms of the contract. This could result in late fees, penalties, and ultimately, repossession of the collateral if the default continues.
The number of days a payment must be late before repossession can occur varies by state and contract. Typically, it ranges from 30 to 60 days past due. It is important to review the specific terms of your contract and familiarize yourself with the laws in your state regarding repossession.
He arrived early because he didn't want to be late.
Laws regarding late fees on storage units vary by state. Typically, storage facility contracts outline the terms and conditions, including late fee policies. It's important to review the contract and understand the specific terms related to late fees before renting a storage unit.
There is a risk of repossession if you are significantly behind on your car payment. It is important to contact Ford Credit immediately to discuss your situation and explore options to bring the account current to avoid repossession./repossession
If you are in DEFAULT of the contract, the collateral can be repoed.
YES, anytime you are in DEFAULT, the lender can repo. Tote-a -note lots are famous for 3 days late repos.
A first payment default , is when a bank calls the loan on your car because you are late on the first payment, 30 days or not, actually acording to your service agreement you are late like 4 days after the due day. they take it as a personal insult when you miss the first payment, also as a sign of things to come. usually if the repossess your car for a first payment default they will not give it back if you catch the payment. they will call for the full balence on the note and send the car to auction. Check out www.stoptheRepoman.com for other answers like this.
Read your contract. Likely the answer is YES. As long as you are in DEFAULT, they can repo.
READ your CONTRACT. IF the contract is in DEFAULT, the collateral CAN be repossessed.
It looks borderline MEAN, but if you were late, you were in DEFAULT and the lender has the right to repo when you're in default. Some lenders (BHPH lots) are MORE aggressive in their repo policies that others.
Because an officer on the ship answered the call from the crows nest too late
One day late puts you in default and when in default, you are subject to repo. MOST lenders wait 30-60 days. They want the MONEY, not the car.
They wount report b/c you weren't 30 days late. Most times they dont even report the 30 days late. you usually have to go 60 days late.
payment late?? then its NOT on time and in DEFAULT. WHAT is not stated in the contract??? No lender is going to repo a car when only one payment is 3 days late. If you have made all the payments on time and you are only 3 days late, and they repossed your car, you need to contact the lender and see what is going on. Something is not right here.
The simple answer is yes. However you should read thru your contract to see if you are in default, that would trigger a repossession. For example, one way to be in default is if your insurance got cancled.
If they are under 180 days late, you should be ok. If over 180 days delinquent, then you are in Default and may have your tax refund applied to your student loan balance.If you need help getting out of default, or getting a garnishment lifted, then contact Default Management Services, Inc. for help. You can Google the name for a phone #. Ask for Doug, he is knowledgeable.