Can bank repossess a motorcycle for being late on loan payment?
This is a discussion on Can bank repossess a motorcycle for being late on loan payment? within the Debt Collection forum, part of the BANKRUPTCY & DEBT COLLECTIONS category; Can my bank repossess a motorcycle from me for being 9 days late on my motorcycle loan payment. I have ...
 POST NEW QUESTION |
|
|
Thread Tools | Search this Thread | Rate Thread | Display Modes |
Nov 5th, 2006, 03:27 PM
|
#1 |
|
Guest
Posts: n/a
|
Can bank repossess a motorcycle for being late on loan payment?
Can my bank repossess a motorcycle from me for being 9 days late on my motorcycle loan payment. I have been out of town on business and unable to deposit my checks. They\'ve sent someone to pick up my bike which is now 17 days late but i want to take care of the payment & keep my bike.
|
|
|
Nov 5th, 2006, 07:23 PM
|
#2 |
|
Guest
Posts: n/a
|
re: Can bank repossess a motorcycle for being late on loan payment?
..legally yes if payment was missed. Call the lender to discuss however as they normally don't really want to take such action so quickly. They will usually want to work something out with you.
|
|
|
|
| Bookmark & Share |
| Tags |
| None |
This thread has 1 reply and has been viewed 1501 times
| Thread Tools | Search this Thread |
| Display Modes | Rate This Thread |
Linear Mode
More
|
|
|
||||
| Thread | Thread Starter | Forum | Replies | Last Post |
| Bank Error -- The bank neglected to apply my car payment money to my loan | ksgibson | Credit Cards, Banking, Securities | 1 | Jun 19th, 2011 12:39 AM |
| Bank fees due to late/illegal payment | Unregistered | Salary & Workers Compensation | 1 | Apr 4th, 2009 12:03 PM |
| late payment on rent: landlord demands compensation for bank overdraft | Unregistered | Landlord vs Tenant Issues | 2 | Jul 10th, 2008 12:22 AM |
| Employer paying late: 2-7 days late payment | Unregistered | Other Labor Law Matters | 1 | Jun 2nd, 2008 01:30 PM |
| Late Car Payment (only 25 days late) | Jodi | Debt Collection | 1 | Dec 16th, 2007 02:04 PM |
All times are GMT -5. The time now is 07:54 PM.