1. Contact the lender as soon as possible. Once your car has been repossessed, you will need to contact the lender as soon as possible to discuss your options. The lender may be willing to work with you to get your car back if you can make a down payment and agree to a new payment plan.
2. Pay the outstanding debt. If the lender is willing to work with you, you will need to pay the outstanding debt on your car loan, as well as any late fees or other charges. You may also be required to pay a reinstatement fee.
3. Get your car back from the repossession company. Once you have paid the outstanding debt, the lender will release your car to the repossession company. You will need to contact the repossession company to arrange to pick up your car. You will need to pay the repossession company's fees, which may include a towing fee, storage fee, and a daily impound fee.
4. Re-register your car. Once you have picked up your car, you will need to re-register it with the Delaware Division of Motor Vehicles (DMV). You can do this by visiting a DMV office or by mailing in the required forms and fees.
Here are some additional tips for getting your car back from car repossession in Delaware:
* Act quickly. The sooner you contact the lender and pay the outstanding debt, the better your chances of getting your car back.
* Be prepared to negotiate. The lender may be willing to work with you on your payment plan, so be prepared to negotiate a deal that you can afford.
* Get everything in writing. Make sure to get any agreements you make with the lender or the repossession company in writing. This will protect you in case there are any disputes later on.
