Car Payment Default Consequences

Summary

If you default on your car loan in Illinois, the lender can repossess your vehicle but must follow specific rules. You should be given a chance to catch up on payments, and the repossession must be done without breaching the peace. The lender must also notify you about the upcoming sale of the vehicle. Consult a local attorney for personalized advice.

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I didn’t pay my car payment and I just got service papers
Hello ****, I'm sorry to hear about your situation. To provide you with the most accurate information, could you please tell me your location?
Illinois
Hello ****,
In Illinois, if you default on your car loan, the lender can repossess your vehicle. However, they must comply with certain rules:
- You should be given an opportunity to catch up on payments.
- The repossession must be done without breaching the peace.
- The lender must notify you about the upcoming sale of the vehicle.
Please consult with a local attorney for more personalized advice.