No, you have it wrong. The repossession guys found THE BANK'S car. Once the bank takes the right paperwork to the court, the vehicle is no longer yours and you have no rights to it. The bank may have hired a private investigator to find the vehicle, especially if there is enough value that they want to pay off some of the loan.
miss a couple of car payments and you will find out!
who is allow to do Vehichle/car repossession? when is a vehichle/car repossession not allowed? whats the minimum insurance needed for car repossession?
How do you write a car repossession letter?
is concealing a car from repossession a felony in georgia?
1st place to look would be at the car lot you bought it from.
Most major cities will have a car repossession auction. However, most of these will only occur a few times a year. Sometimes it will be advertised on television, or it will be in a newspaper posting.
as soon as they can find it
they find your car because when you register your car and get your plates and tabs it puts it in to a record and so if you don't pay a car payment or your car is in repossession then they can look up your cars file and get your address.
The repossession process of a car usually takes about 6 months
Of course. They have the VIN and are the legal owners until you pay it off.
In multiple years working in the industry, there has never been a never. The repossession company will eventually find your car, even if you chop it up and sell it for parts. I done found them this way myself.
A repossession is a repossession, no matter if it is voluntary or not. Your credit will be ruined for 7 years.