Try this, if the repossession agent/hauler arrives at the home to find the debtor present, and hands him a copy of the Notice of Repossession, that is long enough. The problem you may run ito is that if the home is being occupied, you may also have to serve a Notice of Eviction as well. This can get complicated. It can take up to six months (in some cases a year) to legally evict in some states.
Yes.
Depends on the state laws, they may need to serve you with a eviction notice before repo. Although if nobody is home and the repo man shows up good chance they would repo it and expect nobody lives in it.
No, that is the job of the company that gave you the loan. The repo company can take your car the second they find it, but the real expense and trouble comes from the loan company you stole from. If you do not release the car you are in possession of stolen goods after a court judgment.
who ever was in possession of the unit. I assume the repo company was in possession and if they are legit, They have more than enough insurance to cover any damages.
Yes. Lenders repossess vehicles in states other than the one they are located in on a regular basis. No prior notice, replevin order or license is needed for a repo agent to take possession of the vehicle.
NO. the repo rate would go to the bottom if they told you. BTW, they already did in the CONTRACT. Look at the DEFAULT clause.
section 21
Call the repo company.
No a repo person can not break into your home to repo your car. Repossession persons can not damage or destroy any property in attempts to take possession of a vehicle.
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, 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.
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.