No. Tennessee law simply states that the lender or it's agent may not "breach the peace". This is usually viewed as causing a loud scene. Most repo agents will pick up the car when the owner is asleep or out somewhere shopping to avoid a confrontation.
Yes. The repossession fee is like a tow bill. They did pick up the vehicle. The storage fee is the time it takes to get the vehicle off of their lot. Each day adds another day of storage fees.
You have 45 days to pick up your property from the vehicle. That's it. They can tow from your home, work or anywhere else they may happen to find the vehicle.
YES
As far as I know you can but Im not from cali.oh yeh when and if you do register it be expecting a wrecker to pick it up because then theyll know where your at get a good pair of walking shoes instead.
If you call the Bank; Finance Company and let them know that you are going to return the vehicle to them. They tell you where you can drop the vehicle off and you deliver it to that place. That is a voluntary repossession. The only other thing would be if the Bank; Finance Company agrees to pick the vehicle up at your residence at no charge.
As the cosigner on the contract, you are an equal owner of the vehicle. You cannot steal your own property. But, if you choose to simply go and pick up the vehicle, contact local law enforcement to let them know your intent and the reason so that when the party who currently has possession of the vehicle comes out to their empty driveway, LEOs know the vehicle was not stolen.You might be required to get a notice or order from your local court, possibly a writ of repossession. Contact the clerk's office of your local jurisdiction and ask; they will likely be happy to help you with this info.Your other option, if you do not want the vehicle, is to contact the finance company and discuss possible voluntary repossession. You may need to seek legal assistance to have your name removed from the contract, and be prepared to show/prove you made the payments and the other party did not.
When the car gets back to the bank, its sold and the debtor owes the difference between what it sold for and the outstanding balance on the loan. IF it sells for more than is owed, debtor has to pick up the check for the surplus. There are no differences between a voluntary repossession/relinquishment of vehicle by the borrower and the forced repossession/recovery by the lender, except for some of the repossession costs such as towing. FYI, a bank will not allow you to return the vehicle in the sense that you can "drop it off" somewhere.
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.
You need to contact the lender. Only they can provide that answer.
You DO NOT have to take it back, but it will save you some money if you do. They will come pick it up if you tell them to.
A repossession is the act of taking back property due to a default on loan payments, typically carried out by the lender. A writ of replevin is a legal document that allows a person to recover possession of property wrongfully taken, without payment, before a final judgment is issued. Essentially, a repossession involves reclaiming property due to a breach of contract, while a writ of replevin is a legal remedy to recover wrongfully taken property.
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