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You will probably never know the truth. looks like you "assumed" the notes from the owner and NOT the lender. Chances are that the owner was behind on the notes and that's why it was repoed.
Wiki User
∙ 6y ago
Wiki User
∙ 6y agoNo. Repossession is done when the vehicle was financed and the borrower isn't paying the loan.
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Can a repo man repo your truck behind your gate?
Yes. If he has a repo order, it is no longer YOUR truck.
Can repo man repo your truck with you in it?
Probably not. He'd probably ask you to get out of the car.
Husband deployed I can't make payments on his truck can his truck be repo?
Yes
How do you repo a car without a tow truck?
drive it away
If you buy a Cobra Slide-In Unit for your truck will you need anything else to repo cars?
Its not as easy as it seems. Is your truck gonna handle the work SAFELY? REPO insurance is sky high.
If a truck and a camper are repossed voluntarily is there a penalty?
The "penalty" is a repo on your CR.,higher interest rates on future loans, and a possible judgement/wage garnishment against you. A repo is a repo is a repo in credit files.
Is it legal to repossess your work truck when you are self-employed?
Yes, if you are not making the payments the bank can repo your truck.
What kind of tools does a repo man use?
A repo man uses tools that can break locks and chain up moveable assets. A common tool for every repo man is the tow truck. The truck needs chains, lifts and a pulley system to work effectively.
Breech of contract for a car - how can car be repo?
with a tow truck or a key.
California car repo laws?
my work truck was repo and i retrived my truck back but my belonging are missing how can i get them back
What are the release dates for Operation Repo - 2007 Monster Truck 11-10 SUSPENDED?
Operation Repo - 2007 Monster Truck 11-10 SUSPENDED was released on: USA: 16 April 2012
What are the release dates for Operation Repo - 2007 New Truck Day 8-21?
Operation Repo - 2007 New Truck Day 8-21 was released on: USA: 3 August 2011
