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    Preacher04's Avatar
    Preacher04 Posts: 1, Reputation: 1
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    #1

    Mar 6, 2013, 10:14 PM
    What if the bank refuses to come get the repossessed car?
    I hit a deer and my insurance had lapsed. Since the car is totalled I quit paying the loan. The bank reposed the car. They said they would not come and get it. What do I do with the car now?
    tickle's Avatar
    tickle Posts: 23,796, Reputation: 2674
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    #2

    Mar 7, 2013, 04:11 AM
    Have it towed to a junk yard; they will pay you the scrap price, then call the bank and tell them where it is.
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
    		  
    #3

    Mar 7, 2013, 04:23 AM
    Why are they refusing? What did you get that indicated a repo? Why do you think you had a right to stop paying?
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
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    #4

    Mar 7, 2013, 04:43 AM
    You really worry is tha they sue you, and you still have to pay for car, you can't just stop paying, they will get a judgement and get their money
    joypulv's Avatar
    joypulv Posts: 21,591, Reputation: 2941
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    #5

    Mar 7, 2013, 05:03 AM
    Why would you think the bank wants a totaled car? They just want their money, and will get a judgment eventually, and after that they can garnish your income/bank accounts.
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