Nothing. Just because a bank is legally entited to reposess a car doesn't mean they have to do so immediately. They can choose to wait and see, and reposess it later if you're still delinquent on the loan.
if i moved to another state say Georgia or am going there can the bank find my car to reposess it>?
they should have the right to reposess anything you own in order to balance their loss.
Yes, In the State of Ohio
It's more the same as repossessing a car.
It usually will take up to 2-3 months, they will call you with several options to see if there is anyway to figure a way for you to stay in the car.
Take the keys from your self and jump in it and drive away from yourself really fast
Yes, if you don't make your payments, the bank or who ever is holding the loan will reposess it.
Putting a current property up for security for a new loan. That way if you default on a payment the bank can reposess the property
Yes as long as the person doing the reposessing has the authority to reposess.
A bank can reposess a big ticket item you bought using bank credit, but did not pay for each month. Most big ticket items would be a car, truck, boat, airplane, etc.If you don't pay on your mortgage, the bank can initiate foreclosure proceedings.If you don't pay credit cards on smaller items, banks send those accounts to debt collectors.
Oh coarse you can! You have to know licence plate number and other infornmation about it... You will have to pick it up from a DMV or a local towing company. :)