Adverse Possession

What are the North Carolina vehicle repossession laws?


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2014-07-03 18:17:47
2014-07-03 18:17:47

When a debtor is behind on payments, NC law allows the lender to take possession of, or "repossess" the vehicle. A repo company on behalf of the lender can take the vehicle at anytime, anywhere that the vehicle is found and accessible. If the vehicle is in a locked fence or garage then the repo company cannot force entry to get to the vehicle.

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