Contact the repossession agency who recovered the unit and contact the lender. Request in writing a report of sale, and request the lender to reconcile the debt to show all activity that has increased or decreased the balance.
It can happen as soon as they find the car. Sometimes within hours.
Once your vehicle is repoed, you will have the opportunity to pay the loan up to date, plus any fees associated with the repo to redeem your vehicle. This timeframe is relatively short in duration, so if you fail to make the payment that is required, the vehicle will be auctioned.
any 24 - 7 as long as they find the car they can repo it.
If you keep going 60+ days past due, you receive a right to cure notice w/ intent to repo., and you don't answer your phone. If you show no interest in resolving the situation, they will repo the vehicle and let you deal w/ the problem.
Yes
Yes.
No one has the right to enter your property to repo a vehicle. I your vehicle is out in the street, then its fair game. If you see the repo man coming but has not hooked up to your vehicle, you legally still have possession of the vehicle. Once the vehicle has made contact with the truck the vehicle belongs to him.
Not much really, he just has to make sure it's the right vehicle and that the bank has done THEIR paperwork.
NO, a lease is simply a contract like a loan. DEFAULT of either calls for repossession.
yes
This is one of those questions that the answer depends on who you talk to. As a repo agent I have tried to find the answer and it has been difficult. I believe the answer is yes, but if the repo agent damages the car he is moving then (of course) he is responsible, just like he would be responsible for damage caused to a vehicle he was repossessing.
Call the repo guys OR the lender.