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The "rules" are what you agreed to when YOU SIGNED the contract.READ your contract again where it mentions DEFAULT. Rule prolly says that when you are in DEFAULT of the contract that your car can be repoed. That would be ONE DAY LATE. BUT most lenders dont want the car, they want the MONEY sooo they give you all the slack they can before they repo.Sorri, but you are on THIN ice now and its melting FAST. It will be a good idea to get your personal property out nOW before it gets repoed and COSTS you to get it back.

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โˆ™ 2004-09-07 16:29:24
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Q: What are the rules in the state of Florida about vehicle repossession?
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Is it illegal to conceal a car from repossession in Florida?

Concealment of a car up for repossession in Florida is a felony. You can be charged with hindering a lender in repossessing a vehicle, or even grand theft auto. Additionally, the state of Florida will not permit you to register any vehicle in your name if you have an active repossession against you.


What happens if you conceal a car on repossession in Florida?

Concealment of a car up for repossession in Florida is a felony. You can be charged with hindering a lender in repossessing a vehicle, or even grand theft auto. Additionally, the state of Florida will not permit you to register any vehicle in your name if you have an active repossession against you.


What is the statute of limitation on vehicle repossession in the state of Florida?

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.


A sample letter of vehicle repossession for the state of Texas Where can you find one?

Sample letter of vehicle repossession for the state of texas


Is a repossession vehicle allowed to repossess a vehicle inside a private community in the state of Florida?

If the repossessor is allowed in, yes. They cannot force their way into the community.


What if your car is registered in North Carolina but you move to Florida under a repossession?

Ouch! If your vehicle is up for repossession and you have moved from any state to Florida, you may find it difficult to register it or any other vehicle in Florida until the repossession matter is settled. Additionally, you can be criminally prosecuted in Florida if you attempt to hinder the lender in securing their collateral. Further, the repossession agents in much of Forida are among the best in the country, and the ratio of camera cars is pretty high; your vehicle will be found, and they will take it, probably at the most inconvenient time for you.


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

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.


How long does the state of Florida have to file a voluntary repossession claim against you?

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.


If your vehicle loan was made in one state but the vehicle is currently in another state which state's repossession laws apply?

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


Can you be arrested for vehicle embezzlement if you are knowingly hiding a vehicle from a repossession agency in the state of Arizona?

yes.


What are the laws about repossession when payments are current?

This is one question that I had to get the answer to recently, and with the quickness! I learned that the laws governing the rules of repossession vary from state to state. You will need to look up the laws to find out your states terms and conditions. The lending bank's state of origin does not matter, it depends solely on the state the vehicle is registered in. Massachusetts requires


Can a lender report a vechicle stolen while trying to repossess in the state of Florida?

In the event that the possessor of the vehicle is not a contracted party, or if the contracted party is actively seeking to hinder repossession, then yes, the lender can report the vehicle stolen.


What are the Texas vehicle repossession laws?

If i have a vehicle repossessed in the state of texas, is there anything that requires me to pay off balance after vehicle is sold at auction?


Is there an Auto Repossession Statute of Limitation in Mississippi?

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.


Can your wages be garnished in Florida if you are a single mother?

Can my wages be garnished in the State of Florida for funds owed on a repossession if I am a single mother?


What are the vehicle repossession laws in Arkansas?

Vehicle repossession laws in Arkansas is the same there as it is in every other state. One must pay his loans or risk facing legal action from the one that one has borrowed from.


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.


How do you file for a repossession title on a vehicle?

Call the Dept. of Motor Vehicles in your state. They handle it, they will tell you how.


What are the laws in the state of Florida regarding car repossessions and wage garnishment for a repossession in the state of Florida?

http://myfloridalegal.com/pages.nsf/0/9707bb48d49ce38985256cc9004e3ee5?OpenDocument you can start here


Do Alabama repo companies have to notify you before repossessing your vehicle?

The state of Alabama is a self help repossession state, therefore a repossession agency is not required to notify you before they repossess your vehicle. Repossessors are under various state and federal laws and regulations and are prevented from breaching the peace among other things.


Are the repossession agent allowed to charge a storage fee and and a repossession fee in the state of Missouri?

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.


How much is a tag in the state of Florida?

depends what the vehicle is.


Do you still have to pay for a car if you do a voluntary repossession in the state of Virginia?

Yes.. anywhere. When a vehicle gets repossessed (voluntarily or involuntarily) and it isn't reclaimed, the vehicle gets auctioned... the person who took the loan on the vehicle is still responsible for the difference between what was received for the vehicle at auction and what is owed on the balance of the vehicle (plus repossession, storage, and auction fees).


I know where a car is hidden how do you find out the repossession agent?

WHAT CITY / STATE IS THE VEHICLE IN? YOU CAN EMAIL ME DIRECT @ SOUTHERNWRECKERSERVICE@YAHOO.COM


Repossession laws for recreational vehicle in ny?

In the state of New York, provided there is a legal order for repossession, once the vehicle is located, it may be secured and recovered. The repossession agency has 24 hours to notify the registered owner of the repossession, but they are only required to do so by mail, and may do so to the address of record on the registration. They do not have to notify anyone at the time of repossession other than local law enforcement of jurisdiction. They must inventory and secure any property contained in the vehicle, and may charge a storage fee for that property.