If you are two months behind on a payment can your car be repossed?

The specific time frame for when a car can be repossessed varies by state and the terms of your loan agreement. Generally, if you are more than 60 days late on a car payment, the lender may have the right to repossess your vehicle. However, in many cases, lenders will try to work with borrowers to catch up on their payments before resorting to repossession.

If you are behind on your car payments, it is important to contact your lender immediately to discuss your options. Some lenders may be willing to work out a payment plan that allows you to catch up on your missed payments. In some cases, you may be able to reinstate your loan by paying the full amount that is past due, plus any late fees.

If you are unable to come to an agreement with your lender, they may eventually repossess your car. This can be a devastating experience, but it is important to remember that you have rights. If your car is repossessed, you should consult with an attorney to discuss your legal options.