Car Repossessions

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If you get behind in your car loan payments, your lender can repossess your car. That means the lender can hot wire your car, SUV, truck, motorcycle, van, or other vehicle and take it back -- all without warning. And if the car lender then sells your car and the proceeds don't cover the amount you owe on the loan, you could be on the hook for the "deficiency." But that doesn't mean you are without protections. Read the articles below to learn about car repo, what you can do to avoid it, getting your car back, and more.