How many days can you be late before creditors can repossess your car?
May 03, 2010 by shocker | Posted in Law & Ethics
I live in Oklahoma, I was 26 days late on a car payment, and it was repossessed.
Wow, that's quick! In many states, your creditor can seize your vehicle as soon as you default on your loan or lease. Your contract should state what constitutes a default, but failure to make a payment on time is a typical example, even one payment.
PooPooLaTrash | May 03, 2010
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creditors and repossessed cars - Bookshelf
1888 pages
Complete Guide to Credit and Collection Law 2009-2010
Creator: Arthur Winston, Jay Winston | Business & Economics - 2009-10-26
Other states have laws concerning hot-wiring the cars or the use of duplicate
keys. ... LIABILITY OF CREDITORS FOR REPOSSESSION In a case in Mississippi, ...
Publisher: Aspen Publishers
Digg Headlines
(1 diggs) Repossessions
Mar 02, 2009 from iser77(Yours Truly)
When cash runs out and the company can't pay its debts, banks and other creditors exercise their right to collect their money in all means necessary.Part of "My 25 Percent", a comics series showing the funnier side of working in a large international software corporate
(168 diggs) Creditors Repossess New England From Debt-Ridden U.S.
Aug 17, 2008 from jaybol(Jason Lankow)
"We mailed them four warnings and called the Capitol and White House at least 10 times each, but they just ignored us. Maybe now they'll finally realize we're not fooling around about that $5,498,415,904,232.05 they owe."
(1 diggs) Understanding The Repossession Of Your Car
Nov 17, 2010 from aditimiscall in Business
Understanding The Repossession Of Your Car. In its simplest terms repossession is little more than a creditor coming to your house to ask you to return something that you have failed to make payments
(3 diggs) If i let my car get repossessed, will my creditors come after me for the deficiency? i still owe 12 grand..?
Dec 12, 2010 from hobbitme(Glen) in Business
i want to know if my wages will be garnished for the 12 grand that i still owe on the car, or if it will just show up as a repossession on my credit report. if they do come after me for the 12 grand
turn off service engine soon message Directory
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