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How can you get into repossession of vehicles?

Updated: 8/21/2019
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9y ago

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Find someone in the field who's hiring. These are typically towing and recovery companies who do a number of tasks ranging from basic winch-outs to repossession. So you might start off doing basic stuff, and, if you prove yourself competent, you can be given a shot at doing repos later on.

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Q: How can you get into repossession of vehicles?
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Related questions

What is Florida repossession law?

on products, not vehicles


Is there a national repossession list?

There is not a national repossession list available. Many banks do have lists of vehicles that have been repossessed. These lists are made with the hopes of reselling these vehicles.?æ


Are lists available to the public of vehicles that are wanted for repossession?

NO, that would violate your right to privacy.


How do you file for a repossession title on a vehicle?

Call the Dept. of Motor Vehicles in your state. They handle it, they will tell you how.


Do Maryland repossession agents need a cdl license?

If they're repossessing vehicles which require one, or operating vehicles which require one in the course of their operations, yes.


Can lojack be used for vehicle repossession?

No they can't. It is strictly a service to recover vehicles that have been reported stolen.


Where can a new Buy Here Pay Here dealership in Utah look for information on the repossession of vehicles?

== == State of Utah Government - www.state.ut.us


What is the yearly salary for a repo man?

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.


How many days do you have to get back your car after it has been repossessed?

In most states, you as the debtor have thirty days to redeem the vehicle after repossession. This can vary slightly from state to state, and most repossession agencies prefer to turn vehicles around as quickly as possible.


What is the state of South Carolina law on right to cure?

Need to know if South Carolina is a Right to Cure State when it comes to repossession of vehicles.


I made a agreement of payment by this Friday can they still repo me?

Yes, as long as an active repossession order exists, the vehicle will eventually be recovered. If it is seen in towing position by a recovery agent, he will take it. Keep in mind that many repossession agencies have spotters who do nothing but stake-out wanted units, or look for them in public locations where recovery agents may secure them. Any attempt to hide the vehicle or prevent the recovery could be prosecuted. Repossession is a time game, an inevitability. Hundreds of thousands of vehicles are repossessed in the US every year. Less than 1% of 1% of the vehicles up for repossession are successfully hidden for any significant time. And, some states are passing laws that will prevent parties who have active repossession orders against vehicles registered to them from registering any vehicles in that state. If you have active arrangements with the lender, hope your payment reaches them before the recovery agent is able to secure the vehicle in question. Be certain to contact the lender and get their assurance that repossession activites have been cancelled once the payment is received. Your best course of action is to take the payment to the lender, and while there have them call the repossession agency who has the active order and witness them cancelling the order.


What property is exempt in NC?

The only things in NC that are exempt from repossession or garnishment are SSI and veterans' benefits. There are limits that they can take from vehicles and properties though.