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As much as the repossession company charges. These are private companies with the latitude to set their own fees.

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11y ago

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What is the maximum automobile repossession fee that can be charged in Texas?

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.


Pertaining to this answer Who will be responsible for the lawyers fees?

If you have a repossession then the lawyer fees will be charged to you.


If you have a car repoed in South Carolina do you have to pay the remaining balance of the loan?

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.


Can you file a claim in a bankruptcy for repossession fees?

Sure


What are automobile repossession wage garnishment laws for Alabama?

=purple and black=


How much is a repo fee from gm?

Repossession fees are variable for all auto lenders. Repossession fees are real costs that are accrued in the repossession of a vehicle, or based on these costs. Fuel, number of visits, wages, insurance, etc. are all taken into account. So the repossession fee on one vehicle may be vastly different, greater or less, than the fees on another.


Is a cosigner liable for an automotive repossession in Michigan?

When you cosign for an automobile purchase you are typically liable for an automobile repossession in Michigan. The reason why is because you are responsible for car payments as a cosigner if the primary debtor cannot pay.


What do you do if you can't pay fees to get back car after repossession?

You lose your car.


In Georgia should you do a voluntary repossession or just repossession?

The second to last sentence should read - Never will a voluntary repossession cost you MORE than a forced repossession. A repo is a repo. Voluntary Repos will, in most cases, save you money due to the cut in fees associated with the repossession. In some cases these fees will not be any less and the cost of a voluntary repo and the cost of a forced repo are the same. Never will a voluntary repossession cost you less than a forced repossession. Either way, voluntary repossession is the decision I would make, due to the possibility of a lesser cost.


What is a deficiency balance for repossession Louisiana?

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.


Are the Lender of a repossession allowed to charge a storage fee and a repossession fee in the state of California?

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.


How much is repo fees in Tulsaok?

Repo fees in Tulsa, OK, can vary widely depending on the specific circumstances of the vehicle repossession and the policies of the repossession company. Typically, fees may range from a few hundred to over a thousand dollars, including towing, storage, and administrative costs. It's advisable to check with local repossession agencies or consult relevant state regulations for more precise information.