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  1. Aug 8, 2024 · An employee of the legal property owner or a repo agency can repossess your car. You can avoid repossession by reinstating or refinancing the loan, selling/surrendering your car, or contacting your lender to ask for other options.

  2. Apr 5, 2024 · California law permits cars to be repossessed after one late or missed loan payment. Cars may be repossessed after missed insurance payments as well. There is no legally required grace period, and the repossession company doesn’t have to give you notice that they are repossessing your car.

  3. Jul 18, 2024 · If your car loan lender repossesses your car in California, you‘re not entitled to any notice before the repossession. However, the car lender must provide you with certain notices after taking the vehicle, including: a notice of the seizure; an inventory of the personal property in the vehicle, and; a notice before selling the car.

  4. Mar 22, 2024 · When repossessing a car, the lender and repo company must comply with California law. This guide covers how repossessions work in the Golden State and what you can do if you’re facing repossession.

    • Ask why your car was repossessed. If you’ve fallen behind on car payments, you may know exactly why your car was repossessed. Other times, the reason isn't so obvious.
    • Find out if you can get your repossessed car back. Often, a bank or repossession company will let you get your car back if you pay back the loan in full, along with all the repossession costs, before it’s sold at auction.
    • Know your rights. Even when your car is towed away, you still have certain protections: The lender or repo agency can repossess the car but not the items inside.
    • If the car is sold, ask if you still owe money. When a bank or repo agency repossesses your car and sells it at auction, you might think that you don’t owe any more money on it.
  5. Jul 17, 2024 · In California, if you default on your car loan (for example, by not making the payments), you aren't entitled to notice before a repossession agent takes your car. The lender may also repossess the car if you breach the loan agreement in another way, like by letting the insurance lapse.

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  7. Jun 10, 2013 · What you don’t know is that under California law, the lender can repossess your vehicle without any prior notice to you so long as you’re as little as one day late on payment. In fact, the lender can repossess a car in California whenever there’s a default in the terms of the contract.

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