How long before they stop trying to repossess a vehicle?

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1265385

2026-02-24 01:45

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Most companies will not stop until the past due amount is paid current, or loan balance is paid in full. Now, with that being said, you may have the car hidden, or swapped with a relative or friend, and lie to the agent there to pick the car up. Not a wise choice. Banks are like people in the aspect of loaning. You loan it, you want it back. You don't want to beg for it back, banks don't want to beg for it back.. This is where the legal term Replevin comes in. This is the last resort for the bank to get the car or money...now listen up! When you signed the contract for the car, you agreed that if in default, you would hand the car over at the time a bank representative (recovery agent) knocks the door and asks for the unit. If you fail to do this and give the run around, you are now at risk of the sheriffs dept showing up to serve the Replevin. In short, at that time, you have 3 choices. 1: Hand over the vehicle 2: call the bank and pay the balance in full (they will not work with you if it gets to this point so have the money ready) 3: If you cannot produce the collateral or the money when the sheriff comes knocking, you could be arrested on the spot for theft of mortgaged collateral. My advice...hand the car over.

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