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Can the repossession company hold your personal belongings after a repossession in Massachusetts and charge you for the storage fee?
Wiki User
∙ 13y ago
Yes they can as a matter of fact. Let's see, you defaulted on your car loan. You failed to surrender the vehicle when you could no longer pay for it. You caused the lender to send someone out in the night to find your car and recover it. You negligently left your stuff in the car, knowing you had defaulted on your note and it was likely to be repoed. You should probably have some responsibility in the matter, and pay the storage fees charged to you for keeping your property safe and undamaged.
Wiki User
∙ 13y ago
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Can a FL repossession company charge me to get my personal belongings back?
They don't charge you to get your personal belongings back... they charge you a "storage fee" for the time they stored your personal belongings. And yes, they can do that.
Can a repossession company keep your personal belongings for the storage fee in Wisconsin?
In most cases, a repossession can keep personal belongs for non payment. The company, however, must release them once payment is made.
Is it legal for an automobile repossession company keep your personal belongings in Arizona?
Repossession companies must give you the opportunity to recover your personal belongings. That being said, they need not do so at the time of repossession. If they store your property for any length of time, the may charge a storage fee. They are not required to hold your property indefinitely either. If you make no attempt to recover you belongings, the repossession company will dispose of it after 30-45 days.
Is a repossession company in Michigan responsible for returning belongings?
The repossession company is not responsible for returning belongings. The repossession company is responsible for notifying you where you can pick up your belongings and at what times. Some companies charge you a storage fee or only give you a few weeks to pick up your belongings before they become theirs.
Can the repossession company hold your personal belongings after a repossession in Wisconsin and charge you for the storage fee?
Yes, they can. Ultimately they have to PERFORM WORK to gather, label, secure, and keep safe your belongings. They can charge you for this because they were forced to perform work. The law allows them to be compensated for it.
Does the repossession company have to report the repossession to the police after the repossession?
I only know about the state of Massachusetts. And yes in our state they have one hour to report the repossession to the police department in the town of which the car was taken.
Can a recovery company charge for retrieving personal belongings in Florida?
Yes
If your car is repossessed do you have the right to get your personal belongings out of the car?
From experience, yes, you do have the right to get your belongings out of the car. You must first contact the repossession company and find out where they are holding your car. Second, you must bring a photo ID and in most cases, money for a fee that they charge. Third, they will have you sign a paper that you obtained your belongings and send you on your way. You must do this before they auction your car off. If you don't, your things are gone forever!
Is it legal for a towing company to charge 50 dollars to get your personal belongings out of the car?
If the vehicle is not a repossession and is in fact a law enforcement impounded vehicle, in California the answer is, NO. The law in California says "we towing companies" must allow you to pick up your property, however, we are only going to give the property to the legal owner of the vehicle. Therefore, bring them with you, picture ID in hand. No they cannot charge you to get your personal belongings from your car.They can charge a fee if they actually do something like inventory and store your belongings.
What are the state laws for vehicle repossession in Maryland?
AnswerI have recently learned that the Department of Finance regulates collection agencies as well as finance companies. I was emphatically told that in a vehicle repossession, the towing company/repo company cannot, repeat, cannot charge a separate storage fee for your personal belongings. They belong to you. If you are told that they can charge for the goods, the goods, under the credit law means the good that can be repossessed under the loan which is the vehicle or the home, not the personal belongings. Call your local Consumer Protection agency to get help. I know this is the law in Maryland for a fact. It took me 30 days, but I am going to pick up my personal belongings tomorrow and I do not have to pay a storage fee for them. Tammy//This is true but you are not getting charged for your personal property it is for their time to remove it and give it to you. J D Recovery LLC
How long can a repo company keep personal belongings?
They cannot hold your personal belongings. They might have a time frame of when they have to get it to you though. When a car is repossessed it is brought to the repo yard and then inventoried for belongings. There are usally several hundred cars at any given moment in a repo yard. All vehicles must be inventoried.
How do you find out where your car was taken after being repossessed in South Carolina because you need to obtain your personal belongings?
Answering this with common sense, contact the repossession company. You probably got some form of communication telling you your car was being repoed. Try looking at letters and look for contact information. You can also look through your local phone book to see which companies do repossession work in your area. You could also contact your original loan company because usually lienholders have contracts with repossession companies to repo their cars from people should they default on their loans.
