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In the state of California, the lender of a repossession may only charge fees that it incurs and that are in the contract. If the lender pays for the storage or houses the repossession, then yes, the lender is allowed to charge both a repossession and a storage fee.
Yes. The repossession fee is like a tow bill. They did pick up the vehicle. The storage fee is the time it takes to get the vehicle off of their lot. Each day adds another day of storage fees.
A Motorcycle shop is trying to charge fees on a bike that is not repaird yet ? What are the rules and regulations on storage fees ?
Yes. Additionally, you will be responsible for any late fees, repossession fees, storage fees, transportation fees, and legal fees and court cost incurred during the repossession process.
The debtor is liable for the payout balance of the vehicle less resale amount. Additionally, he must pay any repossession fees, storage fees, transportations fees, interest from the lender, and penalties. In the evnet these are not paid, the lender will have no other recourse but to sue for the balance along with court costs, and legal and collection costs and fees.
Some states have set maximum amounts for repossession fees. The state of Texas,. however has not set a maximum amount on the fee that can be charged for a car repossession.
A car owner has to pay impound and storage fees after repssession because that was their car. The bills are left to the car owner, no one else is going to pay their bills.
NO
If it didn't leave your driveway, then it wasn't repossessed.
They must return personal belongings as long as you pick them up in a timely manner and since it has been repo'd they can't charge you anything for storage, its not your car anymore
im an auto body shop owner, how do I charge for storage fees unpaid work
Yes. It is legal to charge storage fees for body parts though I don't know how both parties could cover their investment But no one would want to agree to such a contract. And if you're charging storage fees, they would probably want to charge rent for the use of their body.