Many. Collection costs, storage, repo fees, etc.
Who told you there would be no storage? The lender? the repo co.? Call the LENDER, they have control of the repo company.
You will pay the fees or you will face legal actions and more fees in the attempt to collect the debt. Your best course of action is to pay the storage fees for your personal property--the speakers--and avoid accruing greater debt.
Yes. You are also responsible for repo fees, storage, auction and collection fees. You pay for it all.
As much as the company performing the repo charges.
You have to get current on your payment, plus the repo fees, plus the repo agency storage fees. And you have to do it before the lienholder gets impatient and auctions off the car - once that's done, you're still responsible for the remaining balance.
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.
the BALANCE DUE at time of repo PLUS repo fees and fees to come later.
AS far as your credit goes there isn't any a repo is a repo it stays on your credit for seven years.A voluntary repo can save you $200-300 in repo fees .You are still charged all the fees related to preparing the car for auction and auction fees etc. which run between $500-700 and up.And of course that is added to the balance after the the car is sold.
Yes, usually. As long as you can pay the past due balance plus repo fee & storage fees. However, the lender can demand the ENTIRE balance if they want to. (They generally dont)
The fees related to the repo and sale of the vehicle.You can dispute the fees.
no because the storage fee that the finance company charged you was what the repo company charged on the invoice. the finance company had no other reason to charge storage fee's they did not store it
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
No they are just trying to get extra money off you , that's why a repo company tries to wait till the last second to send a car to the auction. so if there is some chance of you redeeming your car they want you to do it there so they can get storage fee's off you. I cover this topic and more at www.stoptheRepoman.com
Absolutely ! So long as he has the correct paperwork - he can repossess the vehicle from anywhere.
ownership makes you liable for the bill which only increases every day it is there and you will be billed for all storage (based on duration) at time of repo, unless you can get lien holder to intervene based on settlement you just made to help you get it out
I'm in NJ and pay 100 per repo, 50 for vol, I also pay close fees to my agents
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.
I sell cars. The answer is yes though unlikely. However if they do they will charge you recovery fees. Storage fees and admin fees. Is there any way you can pay? They will put a 7 year black mark on you record. If you can't pay you Gould offer to voluntary terminate the contract meaning car goes not questions asked and no defaults
To get it back, you pay the amount you are behind or the payoff on the loan, whichever the LENDER wants. AND storage fees.
No The lender will not let you know when they are going to repo in NYC.In fact many times the lender will lie and tell you they are not going to repo and they do.If they do repo you will have to pay the outstanding balance plus repo fees,storage etc. plus whatever bogus fees the repo moron can get away with.Also remember in NYS car insurance rates have skyrocketed if your ins. has lapsed that is another way they can repo.If you feel a repo coming get everything of value out of the car radio etc.including your pp.If you can borrow the money to make the payments do so now before the repo!!!!!!After it will be much more expensive.Good Luck The only requirement of notification in NY is a post repossession letter must be sent, and a repossession condition report must be filed within 48 hours after the unit is secured.
The repo company will remove personal items from vehicles they repossess. They'll typically charge a storage fee for you to retrieve those items.
"both" the bank and repo man?? NOT that I am aware of. retaking, REPO??? usually charged by lender storage, USUALLY charged by repo co. repair (NOT normally done), sales expenses WHAT did who "SELL"??? READ YOUR CONTRACT. It should govern what you pay to whom.
This is based on where the repo is done (what State and Country) What the contract between the towing operator, bailif and lender as well as the law in the Jurisdiction the repo takes place. Then how many miles, where the semi is stored and how long. Also how difficult was the repo? Was the unit surrendered to the lender? or did the lender have to sneak out with tow truck and repo it the hard way? A tractor that is surrendered at the lenders storage facility may only cost $1000 If they had to track down the unit and repo it the hard way $3000 to $5000 is common. And no it isn't $5000 for driving it away. That includes bailiff fees towing skip tracing auction costs etc.