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How and where do you get started in the repossession business in Minnesota?

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Wiki User
2015-07-15 18:34:22
2015-07-15 18:34:22

I suggest you do a little reading befor you go out in the repo world. Read this first and then, this Take your time, the more you know, the better your chances of success.

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To start a repossession business you must file the appropriate business license. Many repossession businesses also have insurance and a bond for their business.

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To become a repossession agent in Minnesota a license from the state is required. A tow truck and license to operate it are also needed.

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All US states require the repossession agency be licensed and bonded.

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www.msbcollege.edu/ is Minnesota School of Business http://www.mba360.com/business-schools-in-minnesota.html is a whole website dedicated to business schools in Minnesota. There is lots of information there about different schools.

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Repossession agents are not typically paid a salary, nor are they typically paid hourly. Repossession is a per unit business. That is, the repo man is paid by the vehicles he recovers. Amounts vary by the individual business.

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check out laws and regulations in your stae(georgia)

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Get yourself a business license and some clients.

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I make them for $12 a piece. Email me at damagefreerecovery@yahoo.com

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Money, Knowledge of the laws,proper state permits and ENERGY. Good Luck

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It was started by Pierre Espirit Radisson

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you get started with your own business by first thinking of what you would want to do or sell in your business.

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There are a lot of business schools in Minnesota you can choose from such as Globe University. There well known and great business schools you can apply to because they are various colleges that you can take a college tour.

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The Minnesota School of Business is a private, for-profit school that helps in training people for careers in the field of business. There are on-campus and online programs that focus on things like business, media, technology, et cetera.

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he was 32 when he started his own business

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It might be easier to contact an existing repossession service such as Renovo, Inc. They contract service providers in other states to conduct repossessions in their local areas. This way, you get experience in the business, and they take care of all the red tape.

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There is no SOL that applies to this matter. It is purely a civil financial contractural matter between the lender and the borrower.

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Of course it would be ok if you transfer. A degree from the Minnesota School of Business will afford you many opportunities in the field you chose to work in.

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Organized cheerleading started out as an all-male activity at the University of Minnesota in 1898.

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Cities in Minnesota: · Apple Valley, Minnesota · Bloomington, Minnesota · Cottage Grove, Minnesota · Duluth, Minnesota · Eagan, Minnesota · Fridley, Minnesota · Golden Valley, Minnesota · Hastings, Minnesota · Inver Grove Heights, Minnesota · Jordan, Minnesota · Kasson, Minnesota · Lakeville, Minnesota · Minneapolis, Minnesota · New Hope, Minnesota · Oakdale, Minnesota · Prior Lake, Minnesota · Quamba, Minnesota · Rochester, Minnesota · Saint Paul, Minnesota · Tyler, Minnesota · Vadnais Heights, Minnesota · Upsala, Minnesota · White Bear Lake, Minnesota · Zumbrota, Minnesota

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Yes, there is no difference. A repossession is a repossession.


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