answersLogoWhite

0


Best Answer

Read your contract. It likely says that anytime you are in DEFAULT, the collateral may be repossessed. That means ONE (1) day. NOT months, weeks or payments. LENDERS AND BANKS ARE TAKING MANY CHANCES IN THIS ECONOMY.

If You're Behind On Your Car Payment, Facing Auto Repossession "Repo", Trying To Sell Your Car, No Title... CAR DEBT SOLUTIONS WILL BUY YOUR CAR TODAY!! CASH!!

visit us at: car debt solutions dot com or call toll free: (800) 827-4853

Contact Us At: (800) 827-4853 or visit http://cardebtsolutions.com

Don't Wait Until It's Too Late and Your Car Get Taken Call Us and We Will Buy it Today For Cash...

We Have Helped Thousand of People... so If You Owe More then Your Car is worth, Upside Down or Under Water on Your Car Loan Call Us Before You Lose It

CAR DEBT SOLUTIONS visit our website for more Info:

Toll Free: (800) 827-4853 website: http://cardebtsolutions.com

We Have Locations All Over North America

User Avatar

Wiki User

โˆ™ 2011-02-16 23:03:53
This answer is:
User Avatar
Study guides

Loans

26 cards

What is forfeiture

Which of these is the best description of delinquency

Which term is defined as property that is pledged as security on a loan

This is Paula's monthly budget What percent of her expenses is spent on insurance

โžก๏ธ
See all cards
2.33
โ˜†โ˜…โ˜†โ˜…โ˜†โ˜…โ˜†โ˜…โ˜†โ˜…
3 Reviews

Add your answer:

Earn +20 pts
Q: How many payments do you have to be behind before they can repo your vehicle legally?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Can a car be repossessed if you are two payments behind?

Legally if you miss 1 payment you are delinquent and they can start repossession proceedings on their vehicle.


How many payments in the state of Texas can you be behind for repo?

Legally if you miss 1 payment you are delinquent and they can start repossession proceedings on their vehicle.


How far do you have to be behind on your payments to legally repo in Florida?

ONE day.


Can Ford deactivate the on board computer if you are behind on your payments?

No. They can, however, repossess your vehicle


Can vehicle registration be denied if you are behind on payments?

The repo man will tell you that, but no it is not true.


What causes the repossession of a car?

If you do not want your car repossessed, then you need to keep up with the payments on your car. If you are behind on payments, then your car could be taken away from you legally.


Can I trade in my car if I am behind on payments?

You absolutely can trade in your vehicle even if you are behind on your payments. When you trade a vehicle in the dealership you are purchasing from pays off your previous loan in full, so being behind on your payments will not affect anything other than the total amount due on your car. Of course when the new dealership runs your credit report it will probably reflect that you are currently behind and will also show how many months you are behind.


In Georgia How many payments do you have to be behind before they can repossess your car?

oiuo


How far do you have to be behind on your payments to legally repo in Michigan?

Legally, ONE day. As long as you are in DEFAULT of your contract, the lender CAN repo the collateral. Read the contract for more on DEFAULT.


How many payment do you have to be behind before they can repossess in the state of MN?

It depends on the terms of the contract. Legally if you miss 1 payment you are delinquent and they can start repossession proceedings on their vehicle.


How far behind on a auto loan before they repo the auto?

3 payments


Can a bank repo your car before notifing you before they come get it?

if you are behind at least 2-3 months behind in payments then they can come get it whenever they please

People also asked