If you left a vehicle at a repair shop for three months, it would be considered abandoned, even if you have contacted the shop. In order to recoup repair costs and storage fees, the shop is legally able to auction the vehicle, return it to the company carrying the loan, or seize it.
As many as your finance agreement specifies.
yes because they have to notify the owner
Depending on the state of residence, it is possible for a lender to still repossess your car if you get caught up on the payments. Certain states allow a lender to request full payment of an auto loan when borrowers fall behind, even if they have caught up on past due payments.
Well to put it simply..... YES
The lender has to get the STAY lifted before they can repo.
IF the lender accepts it you can.
as long as you keep making payments the lender will probably not repossess the property. however, if you miss one payment the lender can repossess the property at any time.
They can repossess your car if you defaulted on the loan. You knew you owed the money and you knew you didn't receive a payment book. It was your obligation to contact the lender to arrange to make your payments. You should seek the advice of an attorney who may be able to negotiate with the lender on your behalf. Not making your payments for your debt on such a technicality is really dangerous.
it is quite unlikely that you will be able to get a mortgage lender with that history.
Yes, you made a financial pbligation by signing the documents for the sale of this car. So, they can legally repossess that vehicle.
You can contact them and sometimes you can work out a deal with them. If not, you can allow them to repossess the car. Contact the lender and they will tell you where to take the car.
I am 3 months behind on my mortgage? How long until they repo my home?