Personal Finance
Money Management

If your car is damaged while it is being repossessed who is liable for the damages the loan company or the repossession company?


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Wiki User
2015-07-15 19:41:23
2015-07-15 19:41:23

The LENDER is responsible for every detail of a repossession. They may pass the costs of repair on to the repo company.


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You need very good proof it was not damaged before the repossession. Nearly impossible to do as he can say it was damaged when he got it (and he will, believe me).

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Sue them both, plus the driver, plus their respective insurance companies, and let the court find them "jointly and severally liable," so you don't care which one of them actually has to pay.

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If car is wrecked or damaged BEFORE the repossion takes place they still take the car "AS IS". In some states you may be liable for the damages but others it is repo'd AS IS.

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Then they're liable for the damages. You need to file a police report immediately.

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IF they damaged your lawn, they will have to repair the damage. Fix the car if they broke it. beyond that, your attorney will advise you.

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