Some states require it to be repoted within 1-24 hrs AFTER removal. Some require cert. letter sent to debtor concerning PP. it is a good idea to do so even if NOT required to avoid being stopped as a "stolen vehicle" report. Some debtors think they will NEVER be repoed and report it stolen knowing its been 120 days since they paid anything. saves time for repo agent and the cops. Depends on the local laws and even the 911 dispatch centers. My wife works for a local 911 dispatch center and we call everything into them once we have secured the vehicle and are on the road. Like mentioned above it's best to be on the laws side when you are stealing vehicles for a living. Some smaller towns may not like us at all and all you can do is get in there get your target and then get out before running into Enious from the dukes of hazzard.
Call the police department of the city/town from which the vehicle was towed. Repo companies MUST report the license tag number of repossessed vehicles so that if the owner calls to report them stolen the police will not enter them into the stolen vehicle database.
He will report it as a stolen vehicle.
The repo agency does one thing; repossess the vehicle. I don't know of any case where a lender could even draw from your pay. tThey hire a repo agency to get the vehicle, and they report your delinquency so your credit score suffers..The repo agency does one thing; repossess the vehicle. I don't know of any case where a lender could even draw from your pay. tThey hire a repo agency to get the vehicle, and they report your delinquency so your credit score suffers..The repo agency does one thing; repossess the vehicle. I don't know of any case where a lender could even draw from your pay. tThey hire a repo agency to get the vehicle, and they report your delinquency so your credit score suffers..The repo agency does one thing; repossess the vehicle. I don't know of any case where a lender could even draw from your pay. tThey hire a repo agency to get the vehicle, and they report your delinquency so your credit score suffers..The repo agency does one thing; repossess the vehicle. I don't know of any case where a lender could even draw from your pay. tThey hire a repo agency to get the vehicle, and they report your delinquency so your credit score suffers..The repo agency does one thing; repossess the vehicle. I don't know of any case where a lender could even draw from your pay. tThey hire a repo agency to get the vehicle, and they report your delinquency so your credit score suffers..
Make a copy of the police report for the nice repoman. he can then double check the report and give the info to the lender. That was smart of you to file the report.
You cant report car stolen after being repoed, because the police have on file the vehicle as a repo. Once the vehicle is picked up it is reported so the authorities don't go out looking for a vehicle that hasn't been stolen.
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.
The only way someone can be arrested for driving a car when the bank wants to repo it is if it is reported stolen. The bank must report repo action to police or court before this can call stolen. Most bank will report to police or court for repo action. This will let police know that it not stolen by repo. Most bank do not want to report to police or court. It involame alot of money (impound cost by police, towing fee with police, court cost, filing fee, court fee, etc). Bank hire repro is cheaper then report to police or court. I am not sure what the complication would be if you were trying to register it again after a couple of years though. But from my experience, do not park the vehicle anywhere near your house where iti can be seen. Repomen are always on the hunt, and if they see your car at anytime, then they are goign to be quick to try and get it.
If your vehicle is already up for repossession, it is already on your credit report as a delinquent or defaulted debt.
Most police depertments require repo companies to report their tows, in order to avoid owners from reporting the car as stolen. You local police department should have the plate number on file as a repo.
An unlawful repo is a theft. Hence it would be handled as such. But most repo companies have the documentation to show they have the right, whether you feel so or not, to take possession of the vehicle. In fact, in most jurisdicitions they advise the police of it before, or right after, attempting the repo. What good would an unlawful repo do someone...they couldn't get title?
This question is fundamentally flawed. The repossessor is not removing *your* vehicle from the garage - they're taking *their client's* vehicle - so the answer is YES.
Yes.