You give the repo man the keys to the vehicle and let him take the vehicle.
It can be registered, but the repo man is still coming for it.
No one has the right to enter your property to repo a vehicle. I your vehicle is out in the street, then its fair game. If you see the repo man coming but has not hooked up to your vehicle, you legally still have possession of the vehicle. Once the vehicle has made contact with the truck the vehicle belongs to him.
Yes, it is a disposable asset that belongs to the liquidator.
when repo man repossess the car and was in an accident before you can get it back, what happens
He will report it as a stolen vehicle.
Get a court order to cut the chain and sieze the vehicle.
The "repo" man does not have to inform you if he is at your residence to repossess your vehicle. Once the vehicle has been repossessed he must call it in to either the local police department or Sheriff department. This will prevent any false stolen car reports. Also, the "repo" man does not have the authority to go into your garage or involve the police in the act of repossessing your vehicle. So, if for some reason the "repo" man does get into contact with you and threatens you by saying that he has called the police, he is lying. Bottom line, just pay your bills and you won't have to worry about the "repo" man.
No. And neither does the repo man!
No. because not verifying the vin could lead to a misrepo of another vehicle for which the repo company would be sued.
No. A repo agent is only permitted to move and enter the vehicle which they have an order for repossession on.
The repo man will pick up the vehicle anytime and anywhere he can do it while watching out for his personal safety. Repo men have been shot at, cursed at, hit, and everything in-between from the person whose vehicle is being repossesed. I would think that night time would be the safest time for a repo.
Yes. A repossession agent can secure the vehicle anywhere he finds it with some limitations, provided he has a valid order for repossession.
The repo man will tell you that, but no it is not true.
A repo worker does not normally pick up a vehicle unless he has an order from the lien holder (usually the creditor who financed the vehicle). If you own your vehicle outright with no liens against it, the repo person probably picked it up by mistake.
Absolutely ! So long as he has the correct paperwork - he can repossess the vehicle from anywhere.
Yes, the repo man can still recover the vehicle. The term charge off only describes the status of your account with a financial institution. It doesn't resolve that actual lien that the financial institution has on the vehicle. In other words, your name is on the title but financial institution is the owner/lienholder of the vehicle until the balance on the account has been paid off.
Yes, a repo can man can speak to neighbors about you. They can't give out any private information about you, but can ask if you are home and tell them they are there to pick up a vehicle.
not legally their suppose to have police with them to repo a vehicle but they do stuff like that alot of times * No, repossession agents are not accompanied by authorities unless they have a relevin order or other instrument issued by a court of jurisdiction. The repo agent has committed a crime (actually several) and should be reported to the authorities immediately. The agent can also be held liable for any damages incurred by the driver of the car, regardless of the fact that an attempt to repossess the vehicle was in progress.
Absolutely! You are more likely to be home, so there is a higher chance they will connect with you and the vehicle in question.
A repo man is hired by the bank to collect an asset a loan is secured by. It is the only thing that they are allowed to touch, also anything that belongs to you inside the vehicle is still yours and you are entitled to it. Anything that you have installed on the vehicle however does not.
I feel sure that the state will not get the collection field