Note that if your car is repossessed, you will need to show proof of insurance coverage to get your car back. If you are struggling to pay for car insurance, check out our guide on how to lower ...

But Yusuf expressed shock that the bank hadn’t repossessed his car already. After all, cars are generally repossessed once payments are 90 days in default. “They’re still trying to pick it up?

Now, your car has been repossessed and you still owe $20,000 on a five-year loan with four years left. Does this mean you’ll still owe that amount on a car you no longer own? Here's what you ...