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What are the steps to take after a car has been repossessed?

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What are the steps to take after a car has been repossessed?
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3 Answers

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Best answer
first go to whomever had your loan and try to work with them. You can inform them of your not receiving a notice. They own the vehicle and they can help. It will help your credit to work with them.
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get ready to not be able to get a car loan, and if you do be ready for 20% + interest rates for quite some time because you just wrecked your credit. (unless of course it was a buy here pay here lot, then just forget about it. is was probably junk anyway!!)
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get in touch with the loans company to work out a new payment scheme, not to worry they wont' eat you, however you may also have to pay some penalties. another option is to get in touch with a lawyer,no notice ? that may be iiligal.
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