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Why hasn't the bank repossessed the car??? Does anyone know?
12th March 2011
I have a friend who took out a 00 car loan August 2009. He paid on it for a couple of months until the balance he owed was around 50. They he suddenly stopped paying on it. He made his last payment February of LAST year (so it’s been about 13 months without paying). He stopped driving the car several months ago when the registration and insurance expired but he still has the car parked in his driveway and doesn’t want to return it to the bank (I have no idea why). I’m surprised the bank hasn’t tried to repo the car and was wondering if anyone knows why they haven’t? It’s Mountain America Credit Union if that makes a difference. Everyone else I’ve ever talked to has always told me that banks tend to repo a car after just a couple of months without making a payment, especially if you are not keeping in contact and trying to work payments out with them. He cut off all contact with the bank as well 13 months ago and never responded to their phone calls, e-mails and letters.
any bank or repo auctions around nyc?
30th July 2010
i was looking to buy a car and i would like to get it for a good price. i know that bank auctions, police auctions, repo auctions, and end of lease auctions are the best places to do that. any one know of any auctions in the tri state area (ny, nj, ct, pa) like that. thanks
you have insurance to start off with but then dont pay your insurance anymore will the bank repo your car
looking for repo or police auctions ?
16th April 2010
i was looking to buy a car and i would like to get it for a good price. i know that bank auctions, police auctions, repo auctions, and end of lease auctions are the best places to do that. any one know of any auctions in the tri state area (ny, nj, ct, pa) like that. thanks
i was looking to buy a car and i would like to get it for a good price. i know that bank auctions, police auctions, repo auctions, and end of lease auctions are the best places to do that. any one know of any auctions in the tri state area (ny, nj, ct, pa) like that. thanks