yes......in California you are REQUIRED to have an inventory list of the items in the unit at the time of repossession, therefore we are allowed to charge for the inventory and storage of said property......
They take out the personal belongings. This includes the tags. Check with the repo company or lender for that stuff back.
Wait!! Until you have fully paid for an item, it is not yours. If you have stopped paying for your stuff before the agreement is over, the company can come and take it back. And, they do not need to negotiate further with you for its return.
As long as it takes to get it back.
The repo man will not care if your car has insurance or not. If you haven't been paying for your car, the finance company or bank will take their car back.
IF the TITLE is in your name only, you can take it back OR report it stolen.
Type your answer here... Can a repo man not indentifer his self
The repo men will come and take stuff that adds up to the value of the unpaid bills.
Yes, a repo is a repo whether you give it up or they take it.
They repo your car and sell it at auction or sometimes to a good buddy. What they sell it for is deducted from your debt but they add back the cost of the repo and selling at auction. Now - If they think the amount still owed is worth going after you and your assets -then they can go to court for a judgement. If you can't hang on to it ask them to take it back before they spend the money to repo it.
Most companies if you dont pick up your belongings in the first 24 hours they start charging you storage fees.
1)he will take the car you left if that is the car to be repoed. 2)If you are traveling in the car to be repoed he will wait for you to return and repo it after you get back.
Not sure exactly what you mean about 'agreed to time" ect. BUT breaking into anything to repo is a NO-NO. Call a local attorney for state specific advise.
It is not legal to take anything away in schools and charge to get it back, although you may have to have your parents get it from the office for you.
yes you can. thats why the bank usually hires people to come out and take your car back.
A long time if you hide it well!
You give the repo man the keys to the vehicle and let him take the vehicle.
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.
they are allowed to only take the car and if you go after them they can call the police of try top fight you back
Yes, until the repo order is canceled by the owner.
Michelle, a repo is a repo is a repo to a credit score. It says you couldn't meet your obligations and the lender had to take back the collateral to try to get their money. A new lender looking a your CR will see 'repo" and say, well, I better charge this person more because they might not pay me back. NOW, IF you pay off the balance due after the repo is sold, then the new lender might say, well, they had hard times but DID pay what they owed. Lets give them another chance at reasonable interest rates. http://search.yahoo.com/search?p=%22credit+scores%22&ei=UTF-8&fr=fp-tab-web-t&n=20&fl=0&x=wrtpaste this link into your browser and pick out one to explain "FICO" to you. Good Luck
A voluntary reposession reports on your credit report as a loss. The car company with take the car back and credit a portion of the balance which the owner/leaser still needs to pay on. The creditor will place the "voluntary Reposession" on credit bureau. All in all it will be reported as a charge off debt. If the original owner/leaser doesnt pay the remainder he/she can/will be collected from and could face legal action. A repo is a repo voluntary or not. Ruins your credit for 7 years. What generally happens is that it will be reported on your credit as a repossession. When you go for financing on something else, the repo will pop up and the potential lender will call the lender who reported the repo. When they find out it was a voluntary, it may actually lessen some of the blow of having a repo. But, yes, a repo is a repo.
Not if they do what they're supposed to do..... #1 They can't repo a car without a order from the dealership, which they should have with them when they get the car. #2 As soon as they get the car in their possession they're supposed to call the police to tell them they've repossessed the car And you can't say they stole anything because it was INSIDE the car. It's law that they have to inventory everything in the car after they repo it. Which pretty much means they take everything out of the car, list it, and for a certain charge they'll give you your things back.
IF it was the 1st repo on this loan, you should be able to call the LENDER and find out what it will take to redeem the car.
Yes it will need to be paid, the good news is the bank will more than likely take a settlement, and only offer to pay them the settlement if the take the repo and chargeoff off your credit, the will play ball!:) for more info on repossessions, you can goto my website at www.stoptheREPOman.com
No, repo persons can not enter your residence without permission and an attached garage is your property.