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The creditor is the one who repossesses the car. They simply hire an agent in the area to do the repo. As long as they hold the lien, they're the rightful owners of the vehicle, and have a right to reclaim their property, even across state (and even international) boundaries.
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∙ 10y ago
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What do you do with a vehicle when a finance company has refused to repo it?
state of Michigan automobile the has abandon for two yrs
WHAT TEST do you need to become a repo man in Michigan?
what do i have to do to become a repo man in Michigan
In Michigan is there some law that says you can tell the repo man he cannot have your car?
No, he MUST do what the company he works for tells him to do.
How do you get your personal items out of your repo?
Call the repo company.
What are basic repo storage fees etc typical in NY?
It can vary from repo company to repo company. but on average in the ny area storage fees can range from $15-40 a day. It depends on the arangement the repo company has with the bank
In Florida is there a limit on the amount of money that a repo company can charge?
In Florida, the repo company charges the lender with the cost to repo the car. However, the repo company can charge no more than $25 for storage of personals found in the auto.
To start a repo company do have to have license in North Carolina?
how do you get a repo licence in North Carolina
Can a loan company repo a truck with a boat attached to it in South Carolina?
Only if the truck, boat and trailer were all behind on payments and the lien holder for all of them assigned them all out for repo. If they weren't it's called conversion.
In Michigan can the lender garnishe your wages for a repo car?
If they have a judgment against you, yes.
Is it legal for the repo company to break into your car once it has been repossessed without a key?
The car is not yours, it belongs to whoever got the repo company to collect it. They can decide what happens to the car, if they instruct the repo company to break into it, then that's what will happen.
How do you stop repo company from harassing?
You cannot stop the repo company from harassing you unless you pay your bill. The only thing you can do is try to ignore them.
Does the credit company have to warn before repo?
No.
