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reposession of motorcycle

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  • reposession of motorcycle

    I received a loan from my bank 18months ago for a sports bike.During this 18months i've been 1or2 days late a couple of times on my payment.Due to my company i can't set up direct deposit and i am often out of town working.I've just arrived back home and a tow truck shows up to repo my bike because i am 15 days late,i didn't give them the bike because it's in the shop getting a custom paint and chrome.Am i just out of luck and have to return my bike or is there something i can do?

  • #2
    Re: reposession of motorcycle

    You could call the bank and ask to speak with the loan officer. But if payments are missed they normally do have the right. It does sound a little quick based on what you say here.

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    • #3
      Re: reposession of motorcycle

      Wait, you can pay for custom chrome and paint (which isn't cheap) but you can't make the effort to pick up the phone and make a payment?

      Hmmmmmmm.

      Most places accept payment by phone, or you can make a payment online. Something tells me you are glossing over this a bit.

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