Repo Car
Date: Fri, 06/23/2017 - 04:14
My car was taken last night or early this morning for repo. I am a little over thirty days late for a payment. What should I do?
You can reinstate the loan
You can reinstate the loan and go for a new payment plan.
However, if you are sure that due to miss payment, your car gets repossession, then you can talk to the lender. The lender may release the car if you pay back the loan in full along with the repossession cost.
You can take the following
You can take the following steps:
Redeem the car if it’s allowed in your state. Check your contract once.
Bid on the car when it will be sold in the auction
Negotiate with creditors
