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  1. #1

    Default How Long Can You Be Behind Payments Before Car Gets Repossessed

    My question involves an auto loan or repossession in the State of: Florida

    I want to know how late/behind I can be on the payments on my car before they can repo it ? Do they have to send me a written notice first that they will repo it ?

    Also I was told that when behind in payments and they are going to start a repossesion if you make 1 payment they have to start the whole process again and can not repo anymore.
    Is this true ?

    I live in South Florida.

  2. #2
    Join Date
    Mar 2013
    Posts
    4,603

    Default Re: How Long Can Be Behind Payments Before Car Gets Repossessed

    They probably don't have to send you notice that they will repo the car. You've already consented to the repo in your loan contract.

    You might get a past due notice but I don't think that's any kind of legal requirement.

    As for making the payment to prevent a repo, that has more to due with the terms of your loan contract than anything else.

    Do some googling about FL repo law.

  3. #3
    Join Date
    Sep 2011
    Location
    OH10
    Posts
    14,807

    Default Re: How Long Can Be Behind Payments Before Car Gets Repossessed

    They do not advise you in advance of a repo. It would defeat the purpose. If you are one payment late, you are in default. Read your contract. If you make them feel the loan is at risk it may trigger a repo clause.
    Teach a man to fish, you feed an entire village. Give a man a fish, the village starts demanding free fish. Then they have three children who all start families and demand free fish as their right.

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