0
First, talk to the bank where your loan is and find out why a repossession was made. If they did not repossess your car, then you have a case of auto theft. If they took your car, you deserve to know where you messed up and can dispute it from there. You may have to get a lawyer.
Add your answer:
Earn +20 pts
Ways to keep your car from being repossessed in Columbus Ohio?
The best way is not to fall behind with your payments.
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.
How many days late on car payment before it can be repo?
The length of time that a car payment can be late without being repossessed will depend on the bank or car dealers agreements. Payments made after a month may be in jeopardy of being repossessed.
If a vehicle leased to you is being driven by ex-fiance who refuses to make payments can you get it legally repossessed?
IF her name is NOT on the title, you can just go get your car.
How can you get your Acura back from being repossessed?
Make a deak with your finance co to pay off the payments you are behind. Caution...Don't refinance for lower payments or they will stick you for high interest added. Negotiate with the lender.
Can a car be repossessed because someone is borrowing it?
I wanted to add to my original question...Our car was repossessed by the finance company because they said they found out someone else was using the car because of car payments being sent from a different address. AND, they stated that they wanted to see the condition of the car. I thought a car would only be repossessed if you were late on payments? I have never heard of this, so I don't know what is going on.
Can a repo man take a truck and trailer?
Most usually they are empowered to take items where you haven't made the payments. If both the truck and trailer were being repossessed, then you are stuck.
How late do you have to be before the bank can repo a car?
Theoretically, a car can be repossessed after 1 day of being late with payments. In practice, most banks don't take action until 60 or 90 days.
If your car is repossessed for being three payments behind can the bank refuse to give the vehicle back if you pay the repo fee and catch up your payments?
Read the contract again. What part of it are you in DEFAULT on? There is a clause in most contracts that says the lender can accelerate the balance due for a number of reasons.
Can you take possession of the car if the borrower stops making payments even though they have been paying for a year?
Only if your name is on the title, and only if the primary borrower defaults and the vehicle is subject to being repossessed by the lender.
Can you repossess a car in Alberta that belongs to both my husband and myself?
A car can be repossessed if the payments are not being made. It really doesn't matter whether it was bought by one person or two. The car dealer just wants to be paid.
If you hide your car from being repossessed will you get in trouble?
Yes, make your payments or contact the lender and work something out. They do not want to repo your car. They loose, and you loose big time. Talk to them. Not with the police it is a civil matter between you and the lender.
