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Once you are late by a single day you are in violation of your loan agreement which means you can be repoed.Until you bring your loan completely current....late fees and all you are in danger of being repoed.Read your loan agreement.

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19y ago

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Can a car be repossessed for late fees we have never been late on the payment but got late fees?

If your payments are current, they're not coming to repossess your car. Trust me, the finance company would much rather have your money than your collateral (i.e., the car).


Your car was repossessed but i got it backi still owe late fees though can they repossess the car a second time?

YES, sorry btdt


Car repo in ny?

A car can be repossessed in the state of New York if payments are late or defaulted. The only way to not get a repossessed is to make your payments on time.


You are late 10 days on your loan against your car and the financial institute is harassing you that they are going to repossessed the car can they do that being only 10 days late?

Yes, they can!


If your car has been repossessed what kind of payment will they take to get it back Will they accept check credit or only cash Do you have to pay in full or will they take half 800 behind?

If a car is repossessed it is usually up to the creditor, what terms and conditions have to be met to get the car back. Included with all the payments missed, there might also be fees like towing, late fees, etc. The creditor is probably going to want all of this paid up front to get the car back.


If you only had one late payment which was 8 payments prior to your last month when the car was repossessed what rights do you have?

Read your contract. Basically, you have the right to pay the default amount, the repo fees, storage,ect and get your car back. UNLESS there are other defaults you forgot to mention.


What is the likelyness of a creditor repoing a car f only late fees?

Highly likely.


Can your car still be repossessed if the payment is 30 days late?

Absolutely.


Can your car be repossessed before being 90 days late?

Yes


Can you be sued for a car that has been repoed?

If your car was repossessed, they will sue you for the difference in what the car sells for and the balance on the loan, plus repossession fees.


What the procedure for getting your car back after being repossessed?

Contact the lender who repossessed the car. You will have to make up all back payments and pay all fees associated with the actual repossession.


Do car dealers charge late fees?

Yes, if you pay your car payment at a car dealers office they will charge a late fee. Anytime a payment is late, the dealer has a tight to charge late fees.