Yes. If your car is being repoed, you should make it easy for yourself and cooperate with them.
A repo guy is likely to say anything to get your car. If he's looking for it, you owe the money and he gets to take the car. Hiding it in the garage will keep him at bay for only a short time. Whether or not you have homeowner's insurance does not factor into the equation.
Yes, afterall, the repo-car is still the legal property of the person who has sent the repo-guy to retrieve it.
because of the cost involved i doubt it......unless of course its a place a repo guy wants to visit.
I worked with a guy that had the repo man come to work to take his vehicle, so yes they can come to your work. If you haven't been making the payments and they decide to repo your car that is that and I don't believe they have to go through any sort of legal procedures to come and take your car. You didn't pay so they come and take back their property, simple as that unfortunately for you.
Probably not all the time, but you will never know when he is there. Simpler to just pay up or let them take the car. Why deal with the hassle. It will not ruin your credit forever. Yes and no. it depends on how determined he is or how much he is getting paid to repo your car. He might just wait until he spots your car on the street and bam! Gone... He might even break into your garage or get a warrant to repo the car from the courts. Depends on what kind of guy he is... So pay the bill and it won't get repo-ed.
Once they take the vehicle, the responsibility is on them. If they damage the vehicle or total it the tow guy has to pay. If your car is taken, cancel the insurance since you are not responsible after the car is picked up and leaves your possession.
Alot of repo guys do drive the repoed vehícles, But be assured If they drive Your reposessed car that Most compañys have a million dollars worth of coverage..to clarify once a car is repossessed it is no longer "your" car.
Legally probably not,that assumes you do not own the propery or the property(like a private road) to get to your property so that would be trespass.But someone has to call the police to enforce the trespass violation.After the repo guy has the car there is not much you can do except to sue the lender or repo guy. Gated,YES.Gated and locked no.
no you can not go to jail if you dont want to give up your car.it is not possible for you to steal your own car. it is registered under your name.there for dont let them take your car
What exactly are they going to repo,you the vehicle was stolen and you no longer have it right, come on use the thing attached to your kneck.
No. The Car Doesn`t Belong To The Repo Man. That's His Job, To Get It Back To The Loan Company. Bank, Ect. If You Can Find Who Holds The Note On The Car You May Work Out A Deal With Them. Myself I Suggest You Stay Away From This. It Could Be More Than Reposessed. Best To YouAnswerThis is a tough one because if you turn the guy in and the guy figures it was you, you could get more than you bargained for. Then again you could get a deal if you tell where the car is to the repo people, maybe even a reward, but it would benenfit you to know exactly how much is owed on the car so that the repo/car lot people don't try to sock you for the full amount instead of what is owed. They will sell it to you either way.
Briefly, if they(the bank via repo guy) have the car its theirs until you bring your account current and they give it back but they are not entitled to your personal property or the plates. The repo guy will try and charge you bogus storage fees(for your p.p.) and try to get you to sign a wavier which absolves them and the bank of any and everything to do with the repo.This includes a statement that all of your p.p. are there so if stuff is missing(repo guys steal )or your car is damaged it makes it harder to sue.They will want you to sign it before you see your car or p.p. Do not sign !!!!!!!!!!!!!!!!!!!! Another question you need to ask is do you want the car back? If you do want the car back you have little choice but to pay the extortion because each day that goes by is another $100.00 to store the car. If you do need to sue remember sue the lender not the repo guy.