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Is the lender or the repossession agent responsible for a vehicle that is damaged during recovery action in Oregon?
Wiki User
∙ 12y ago
Well, I know when I recover a car, I am required to take pics before I even touch the car, then I take pics again of the car after I put it in the yard. Most people don't realise that theres more than one person involved in the repo process. A spotter, a driver, and your car is in the yard, and that is where it is messed up 80% of the time, those cars are moved around like a tetris board by forklift trucks.
Wiki User
∙ 12y ago
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Is the lender or the repossesion agent responsible for a vehicle that is damaged during recovery action in Missouri?
The lender is always responsible for any damages to the vehicle itself.
Vehicle you recovered and the owner has given it back to the finance company are they responsible for storage and recovery costs?
Depending on your contract with the lender or repossession forwarding company, they could be responsible for the storage fees and recovery costs. Ultimately the car's owner is responsible. If the fees have not been paid and you feel they will not be, and you have not released the vehicle yet, do not release it. The vehicle is the only security you have against payment.
Who is responsible for damage to a vehicle during a repossession?
the person the vehicle was leased to is responsible as they are the ones that have caused the vehicle to need to be repossessed.
What do you do if a repossession company damages your property while seizing the vehicle?
You need very good proof it was not damaged before the repossession. Nearly impossible to do as he can say it was damaged when he got it (and he will, believe me).
Can a person be charged with grand theft auto under repossession if the vehicle can not be repossessed?
No, but they can be cited for contempt of court if a replevin or other court order is issued for the recovery of the vehicle.
Can a repossession agent cut locks or cables to obtain a repossession?
if i understood what i have been told they can not destroy your property to obtain the investment they are repossessing.The recovery papers are to obtain legal possession of the vehicle mentioned in the orders.
Who is responsible for Vehicle damaged by dead tree on apartment complex property?
The driver
What should you do if the car was damaged while wrongfully repoed?
Every state requires repossession agents to carry insurance. If the vehicle is damaged during a repossession or especially a wrongful repossession, the agency that secured the unit must have it repaired at their own cost, or as a matter of insurance claim. Remember, do not sign for acceptance on the repairs until you are absolutely satisfied that they have been done properly.
Parked vehicle damaged on private property who is responsible for damages?
The person who caused the damage.
Do you still have to pay for a car if you do a voluntary repossession in the state of Virginia?
Yes.. anywhere. When a vehicle gets repossessed (voluntarily or involuntarily) and it isn't reclaimed, the vehicle gets auctioned... the person who took the loan on the vehicle is still responsible for the difference between what was received for the vehicle at auction and what is owed on the balance of the vehicle (plus repossession, storage, and auction fees).
What are the laws for vehicle repossession and the recovery of personal belongings in Maryland?
IN ANY STATE YOU MAY GET YOU THINGS AT THE TIME OF THE REPO OR YOU CAN GO TO THE YARD AND HAVE SOME ONE HELP YOU.
What are car repossession laws in Missouri regarding notification to auction a vehicle?
what are the legalities of voluntary vehicle repossession
