answersLogoWhite
Ask
Cars & Vehicles
Repossession

How do you know if a car is being repossessed and not stolen?

767778
Answer

Top Answer
User Avatar
Wiki User
2015-05-03 00:41:21
2015-05-03 00:41:21

Repossessors tend to be a bit more open about what they're doing... if you're seeing a professional recovery setup (e.g., wrecker, wheel lift on the back of a pickup, etc) in use, it's probably a recovery agent. While they do tend to try to be a little more incognito in some instances as they're searching for the vehicle, there's no need to once they've got the vehicle.

1
0

Related Questions

User Avatar

There are certain strict procedures that an automobile repossessor must follow when he is repossessing your car. The repossessor must notify the police that such vehicle is being repossessed, you did before or after the repossession has occurred. In either case, the police should know right away that the vehicle was repossessed. If this is not the case, then the vehicles like to have been stolen.

User Avatar

YOU are responsible for the debt that is secured by the "stolen" car. Be sure to make a police report on the 'stolen" car.

User Avatar

The tow/repossession company has to notify the police of the repossession so the car can't be reported stolen..

User Avatar

In my jurisdiction they are, that way if you wake up in the morning and find your car gone we know it was not stolen.


Copyright © 2020 Multiply Media, LLC. All Rights Reserved. The material on this site can not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Multiply.