Are the car finance companies allowed to call 6 times a day if you are behind on payments?

Can I get my car back or buy it back at the auction if it was reppossed? I think it was taken illegallly how do I know they have a right to take it?

Are the car finance companies allowed to call 6 times a day if you are behind on payments?

If they call 6 times with no answer, then it%26#039;s legal. If they call and talk to you 6 times a day, then that%26#039;s harassment.

In addition, it is illegal for them to threaten you in any way. If they do so, you would file a complaint with the FTC %26lt;Federal Trade Commission%26gt;. Here is some information you might want to read as it relates to your situation. This is from the FTC website, I will post you a link.

Section 805(c) -- Ceasing communication. Once a debt collector receives written notice from a consumer that he or she refuses to pay the debt or wants the collector to stop further collection efforts, the debt collector must cease any further communication with the consumer except %26quot;(1) to advise the consumer that the debt collector%26#039;s further efforts are being terminated; (2) to notify the consumer that the debt collector or creditor may invoke specified remedies which are ordinarily invoked by such debt collector or creditor; or (3) where applicable, to notify the consumer that the debt collector or creditor intends to invoke a specified remedy.%26quot;

. Multiple contacts with consumer. A debt collector may not engage in repeated personal contacts with a consumer with such frequency as to harass him. Subsection (5) deals specifically with harassment by multiple phone calls.

4. Abusive conduct. A debt collector may not pose a lengthy series of questions or comments to the consumer without giving the consumer a chance to reply. Subsection (2) deals specifically with harassment involving obscene, profane, or abusive language.

Section 806(1) prohibits the %26quot;use or threat of use of violence or other criminal means to harm . . . any person.%26quot;

http://www.ftc.gov/os/statutes/fdcpa/com...

Good Luck.

Are the car finance companies allowed to call 6 times a day if you are behind on payments?

you didn%26#039;t pay...what do you expect....you signed a loan contract...a little late to read it... if they called 6 times a day what did you say to them? maybe you should have talked to them one of the six times

Are the car finance companies allowed to call 6 times a day if you are behind on payments?

They can call as many times as they like as long as you are seriously behind in your payments and are making no effort to resolve the situation. In some states you can get your vehicle back within a reasonable period of time if you pay all the late payments, fees, etc. which could be a hefty amount if your vehicle was towed away. As far as illegally taking your car, a financed vehicle essentially belongs to the %26quot;bank%26quot; until you make the final payment. They hold the title with a lien on it showing them as the lienholder which will not be released until the debt is satisfied. You probably can%26#039;t buy it back at auction unless it%26#039;s an open auction (public) because most repos go to the dealers%26#039; auctions.

Are the car finance companies allowed to call 6 times a day if you are behind on payments?

they are not allowed 6 times a day , one call to your stste cosumer protection branch will stop this , next call advise no phone correspondence only . same at work place . live in canada same policy as the states sherrif has to hand deliver repo at work or home this repo illegal . you are allowed to remove out of pocket add ons, stero subs whells etc. you can also screw them good by having friend buy car at auction, registered bid his name you sign papers on the spot bye bye finace company . burn them bad harrasses the hell out of them use profanity and a good old fashion freak out , no calls they atole your car . nqail them then burn them good your monthly payments what you can afford that month they also are obligatted to replace the dvd stero with 4 amps 4 subs and the 1800 dollar mags gps nav system and the front end wooble , etc stick it to them good

Are the car finance companies allowed to call 6 times a day if you are behind on payments?

Yes. You can stop this by paying your payments on time.

Are the car finance companies allowed to call 6 times a day if you are behind on payments?

Yes..................

Once your car has been repossessed, your creditor or lessor may decide to keep the car as compensation for your debt or sell it in either a public or private sale.

In some states, your creditor or lessor must let you know what will happen to the car.

For example, if a creditor or lessor chooses to sell the car at public auction, state law may require that the creditor or lessor tell you the date of the sale so that you can attend and participate in the bidding.

If the vehicle is to be sold privately, you may have a right to know the date it will be sold.

In either of these circumstances, you may be entitled to buy back the vehicle by paying the full amount you owe, plus any expenses connected with its repossession, such as storage and preparation for sale. In some states, the law allows you to reinstate your contract閳ユ敂eclaim your car by paying the amount you owe, as well as repossession and related expenses (such as attorney fees).

If you reclaim your car, you must make your payments on time and meet the terms of your reinstated or renegotiated contract to avoid another repossession.

Are the car finance companies allowed to call 6 times a day if you are behind on payments?

They are only able, legally , to talk with you once a day. They can call as many times as necessary to achieve this however. If you talk with them more than once this is considered harassment.

If you are behind in payments they have the right to repossess the car. You could buy it back at auction if you have the money, but if that%26#039;s the case why are you behind to begin with?

Once the vehicle is sold you will also be responsible for the difference on what the car was sold for and what you still owe.

You may want to contact them and make some type of payment arrangements to see if you can keep the car.

Good Luck!