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Q: How does one start a repossession business in new york?
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What is the minimum age to start a business in new york?

The minimum age to start a business in New York is at age 16. You can have your parents or adults help you set up a sole proprietorship or other form of a corporation.


What type and amount of bond is needed to start a vehicle repossession business in New York state?

Bond?? whatever the NY authorities require to get a BL. Bond to get business?? Varies by lender. MAJOR nationwide lenders usually want $1,000,000 wrongful repossession insurance.Smaller lenders may not require a bond. Certification??? NOT required but it is VERY useful. At $350.00 for a cert course, it is money weel spent.


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How do you start a car repo business in new york?

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How do you start a repossession business in New York City?

TITLE STATE: Yes SECURITY INTERESTS: Shown on title held by debtor. LICENSE REGISTRATION: New York Motor Department of motor Vehicles, P.O. Box 2750, Albany, New York 12220. Tel.:(518)486-4714. RECOVERY REQUIREMENT: As per UCC, repossession allowed without committing a breach of the peace. DOCUMENTS REQUIRED FOR LIQUIDATION: If New York Title, must have a signed off MV-901(notice of recorded lien) and a MV950(combination bill of sale, odometer statement, affidavit of repossession). If out of state title, title must show lien holder as owner and a notarized bill of sale. PLATES: Remain with the debtor. http://www.state.ny.us/ http://assembly.state.ny.us/leg/?cl=0


What can happen if you hide a vehicle from the repossession agent in new york?

You will get arrested because the government can track you down. BEWARE!


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The Columbia business school is located at the Columbia University in New York. The campus for the Columbia business school is in Manhattan in New York City.