Auto Insurance

If your car is scheduled for repossession in one state and you move to another state can you reregister it in the new state?


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2010-05-15 19:44:04
2010-05-15 19:44:04

In some cases yes. In a growing number of states, no. Florida was one of the first to pass this new law. In the state of Florida, if you have a single vehicle up for repossession, you may not be able to register ANY vehicles you own.

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Contacty your local police. Local and state laws vary.

the state the car is in govern the repossession, the lenders choice on which state governs collection efforts. Read your contract.

I only know about the state of Massachusetts. And yes in our state they have one hour to report the repossession to the police department in the town of which the car was taken.

YES, states honor each others judgements. Same as suspending your DL cause you got a ticket in another state.

Sample letter of vehicle repossession for the state of texas

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.

The statute of limitations for a repossession falls under the category of debt collection. The statute of limitations in the state of North Carolina for a repossession is 4 years.

Gap insurance will not cover repossession in any state or territory of the US. Repossession is not a valid claim for insurance. In fact, it is possible your insurance could be cancelled as a result of the repossession, making you high risk.

As far as I know there is no statute of limitation on auto repossession in any state. Check with your state Attorney General to be sure. I will post a link for you to read. Repossession should be your last resort. Hiding a vehicle from repossession is a crime in some states. The consequences of repossession are always bad for you.

Repossession laws vary from state to state. States also have different provisions for different types of property. You would need to be more specific about the circumstances, the property and the state where the repossession would take place. Your question should be reformed to ask, "Is a repossession under the following circumstances legal"? Asking what is considered an illegal repossession is much too broad a question.

As far as I know there is no statute of limitations on repossession in any state. Check with your state Attorney General to be sure. I will post a link for you to read.

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.

This depends on the state in which the repossession happens. Not all states require repossession agents to be licensed. All states do require they be insured. Another way to look at this is, if an employee of the lender comes and repossesses the vehicle, they do not require a repo license in any state.

There is no specific time limit for a repossession in Florida. Florida law does not require a creditor to give notice before starting a repossession.

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.

The deficiency balance in every state as relates to repossession is the outstanding balance of the original principle plus fees accrued by the repossession process that remain after the resale of the repossessed vehicle.

Generally the laws of the state where the contract was signed take precedence. I disagree. If the car is registered in California and titled in California, and located in California, California law applies. The validity of the debt, late fees, and so on ARE determined by where the contract was signed, but California has specific laws on the procedure for repossession.

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No. The only car they can touch is the one they are going after. Nor can they get inside a closed garage. The first answer is correct so far as it goes. In no state that I know of can a "repossession agent" disturb the peace or commit a felony, misdemeanor or offense during the course of a repossession of property.

To become a repossession agent in Minnesota a license from the state is required. A tow truck and license to operate it are also needed.

By federal law, 7 years from the date of repossession or sale or last payment. The state is irrelevant.

When an bank has its operations and branches in different states of a country.

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