Learn more about New York's repossession laws, what New York repo agents can and cannot do, and what happens after the car is taken away. The lender or leaseholder can repossess the car even if you are only a few weeks behind in your payments and even without any notice to you.Are you following up on a complaint? You can also file a complaint with your state attorney general or consumer protection office . How a repossession affects your credit. Under New York law, your lender must deliver notice to you (which could mean via mail) of the repossession. While repossession does not involve a formal process in court, replevin consists of getting the court to order the consumer to return the vehicle to the lender. If you confront the reposession company and tell them to leave your car alone, they must do so or they risk a Breach of the Peace. What's the best way to protect your car or truck from repossession in New York? Depending on the state you live in, the lender may not need a court order or give advance warning to repossess the vehicle.
