Legal Question in Credit and Debt Law in California

Repossession Auto

How late can you be on your car payment before a finance company can repo the vehicle?


Asked on 4/22/01, 10:10 pm

1 Answer from Attorneys
Roy Hoffman Law Offices of Roy A. Hoffman

Re: Repossession Auto

Although it would depend upon what the contract between you and the finance company says, technically, the finance company could repossess you car if you were one day late.

Most contracts allow some "grace period," and many finance companies will not take any action for somewhere in the neighborhood of 30 days.

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Answered on 6/14/01, 5:23 pm


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