Repossession
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How do you become a repossession agent in California?

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2015-07-15 19:53:25
2015-07-15 19:53:25

You will have to meet the qualifications set by the state. Check the link below http://www.dca.ca.gov/bsis/bsiscons.htm

CHAPTER 11. REPOSSESSORS Article 1. General Provisions ............................... 7500-7500.3 Article 2. Administration ................................... 7501-7501.8 Article 3. Application of Chapter ........................... 7502-7502.6 Article 4. Licenses ........................................ 7503-7503.14 Article 5. Examination ...................................... 7504-7504.7 Article 6. Offices .......................................... 7505-7505.5 Article 7. Registration .................................... 7506-7506.14 Article 8. Conduct of Business ............................. 7507-7507.13 Article 9. Prohibited Acts and Citations .................... 7508-7508.6 Article 10. Disciplinary Proceedings ........................ 7510-7510.4 Article 11. Revenue .............................................. 7511

It is best that you locate a repo company in your area to hire and train you. they will help you with the tests etc.

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Related Questions


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.

my answer is to just go to oklahoma and just you becomes a repossession agent..........this is not real DONT DO IT.

search on "recovery agent" + OHIO" in your browser.

Click this link. Read it and thinks about it. Good Luck

Repossession of what? Who? The repo agent?

Be Human Being. There are no formal laws or requirements regulating that state as of yet.

I am a repossession agent in Virginia it takes 2-3 months of not paying before the repossession status occurs.AnswerI am a repossession agent in Virginia it takes 1 missed payment then repossession status occurs.

How much do repossession agents commonly make?

No, as long as you have verification of who your repoing it for or if you have the title and papers saying they owe you.

A certified copy of the contract is all that is needed to obtain a repossession title in the state of Indiana. One does not have to be licensed to become a repo agent in Indiana.

The repossession agent shows up and takes the car if everything goes correctly.

In many of the states where repossession licenses are required, the new or prospective repossession agent will be required to apprentice with a licensed repossession agent. The repossession company will hire new drivers to ride with older, more experienced drivers who teach them the trade. In some cases, new drivers may be required to rider for a time in a "spotter" or camera car. Apprenticeships typically last for one year.

Usually Repossession agencies look for Repoman that have their own truck with a wheel lift and show proof of insurance. Recovery agents should obtain a Class A license.

In the state of California, the lender of a repossession may only charge fees that it incurs and that are in the contract. If the lender pays for the storage or houses the repossession, then yes, the lender is allowed to charge both a repossession and a storage fee.

You will need to get a travel agent license which you can get at a community college within a couple of months. There are no additional courses that are needed to become an travel agent.

What qualifications and licenses are required to repossess vehicles in the state of Nebraska?

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The active towing company will need REPO insurance and REPO agents. And some REPO clients.

They repo agent will take it when your not looking. The agent still has a job to do and only get paid if the jod is complete.

Only if they want to be charged with kidnapping. NO.

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If the buyer has not paid they technically have not bought the item up for repossession. Go get that SH*T

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