Car Repossession information from the NC Department of Justice. Helpful suggestions for those behind on car payments or facing automobile repossession.This guide includes information about filling out forms for small claims court. Upon default, the lienholder often has the right to immediate repossession unless there is a "grace period" provided for in the language of the contract. Upon default, the lienholder often has the right to immediate repossession unless there is a "grace period" provided for in the language of the contract. What Is an Example of a Deficiency Balance? Even if you successfully complete a voluntary repossession, the payments you missed on the auto loan will still appear on your credit report. Civil cases can result in an award of money or in a court order to enforce or protect the rights of a party. If your case is heard in a district court, you must file an answer form within 30 days of getting notice of the lawsuit. Repossession Removal Guide with dispute letter Payhip.
