answersLogoWhite

0


Best Answer

No, and in most states it is illegal for a creditor to threaten jail time, Triad Financial in Huntington Beach Calif, is currently battleing numerous lawsuits about that very thing.

User Avatar

Wiki User

18y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Can you go to jail if you do not give back your car if your payments are late?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

You are current on your child support but have made the last few payments late and now have to go to court can you be sentenced to jail time?

There shouldn't be any jail time in a situation such as this - the objective is to ensure that the payments are made, and that has been done.


If a mortgage payment is 20 days late will that be reported to the credit bureaus?

Generally, late payments over 30 days late are reported to a credit reporting agency. After that, late mortgage payments can become "missed" mortgage payments. And missed payments can affect your credit score in a negative way. However, your exact late payment will depend on how your specific mortgage lender reports payments to the credit bureaus.


In South Carolina you are current on the amount owed for child support but you were late in making the payment can a judge still order jail time in court?

There shouldn't be any jail time in a situation such as this - the objective is to ensure that the payments are made, and that has been done.


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 you deduct late IRS payments?

No.


How do you pay back the payday loan?

To pay back the payday loan, you will need to have a job that allows you to make payments. It is a good idea to pay it off as quickly as possible because many loans have high interest rates or penalties for late payments.


How long until my late mortgage payment results in a bad credit rating?

As your lender about the specific reporting policies. For the most part, late payments are not reported until the payment is at least 31 days late. Repeated late payments and excessively late payments will shave points off a credit rating.


If you fail to pay credit card payments on time how long will the missed payments be reported on your credit report?

Seven years. However, they will have less effect as time goes by. For example, late payments over a year old do not harm your credit as much as late payments from last month. Late payments over 2 years old are generally ignored.


Can you get your car back after repossession?

Yes, you can get your car back but you only have ten days to do so before the car goes to auction, in order to get your car back you must bring the full amount of payments you are behind to the repossessing company. The lender can deny you the car back also, depending on how many times you made late payments.


After how many years are late payments removed I have credit cards in good standing with late payments from 082001 and 052002?

Between 7 and 10 years


How long paid delinquencies remain on your credit?

A delinquency usually refers to an account with late payments. The late payments report on the account for 7 years.


Are less than 30 day late payments counted as late?

no, you just get hit with a late fee.