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reposession of motorcycle

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Old 11-02-2006, 01:37 AM     #1
jarvis
 
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Lightbulb reposession of motorcycle

I received a loan from my bank 18months ago for a sports bike.During this 18months i've been 1or2 days late a couple of times on my payment.Due to my company i can't set up direct deposit and i am often out of town working.I've just arrived back home and a tow truck shows up to repo my bike because i am 15 days late,i didn't give them the bike because it's in the shop getting a custom paint and chrome.Am i just out of luck and have to return my bike or is there something i can do?
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Old 11-02-2006, 10:26 PM     #2
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Default Re: reposession of motorcycle

You could call the bank and ask to speak with the loan officer. But if payments are missed they normally do have the right. It does sound a little quick based on what you say here.
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