Imagine it's the near future, and you've bought a new car with a self-driving mode. But hard times hit and you fall behind on loan payments – then, one day you find your car has driven itself away to ...
Unfortunately, buying a car usually requires a sizeable loan, along with regular payments that must be made on time. If you're struggling to keep up with your lender, you're not alone. According to ...
Each state has a different statute of limitations on car repossession debt, including auto loans, with most ranging from three to six years. After the statute of limitations has passed on your debt, ...
If you don’t pay your car loan, your car may be repossessed Matt Webber is an experienced personal finance writer, researcher, and editor. He has published widely on personal finance, marketing, and ...
If you miss payments on your leased car, it may be repossessed, which can be expensive and financially damaging. You can try to prevent repossession by making missed payments, contacting the leasing ...
The Consumer Financial Protection Bureau (CFPB) slapped Fifth Third Bank with a $20 million fine on Tuesday for allegedly forcing auto loan customers to buy unnecessary car insurance policies, and in ...
Affirming a Tax Court decision, the Eighth Circuit held that a taxpayer who repossessed his former principal residence after the buyer defaulted had to recognize gain equal to the excess of the cash ...
Facing car repossession can be a stressful and overwhelming experience. Missing car payments can happen due to unexpected circumstances, but acting quickly is important to prevent your car from being ...
Local tow companies report a sharp spike in repos as more San Diego drivers fall behind on auto loan payments.
From the lessee's point of view, the specifics of a repossession depend primarily on 1) the terms of the contract, 2) the payment history and 3) state law. Sometimes there's a little wiggle room – a ...
This Georgia family says a repossession dispute cost their son his car. Here’s what to watch for before it happens to you.