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Yes, you are required by your contract to pay any fees applicable to your account. You will pay the repo fee either by paying directly to the repo company before you redeem your vehicle or the bank will pay the fee and it will be added to the balance owed. So, either way, you will pay it. Check your finance contract.
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If your car is repossessed are you entitled to the right to bring your past due current?
Most lienholders will allow you to bring your account current and get your vehicle back - but only after you pay the fee for the repossession and you may also have to pay the repossession company for storage.
Do you have to pay a storage fee for personal property to repossession agency if you had no property in the car?
If you get the car back you have to pay storage, if there was even a pair of sunglasses inside the car they can charge you for property.
You returned a car you purchased because you could not pay for it?
That is called voluntary repossession. You will be required to pay the difference in what the lender sells the vehicle for and the balance on the note after that amount is applied to the loan. You did avoid repossession fees by voluntarily turning the car in. Your credit will also show this repossession for 7 years.
Can they charge a 200 dollar repossession fee when the repo man did not get the car?
READ your contract for details. They had to pay the repoman to go to the gate, to find you, its a fee incurred to service your account while in default.
Can a contractor pay a referral fee to a realtor?
Yes, the realtor is required to disclose to the client that the realtor is receiving a fee.
Can the repossession company hold your vehicle after it has been paid off to the bank in order to collect their repossession fee in the state of Arizona?
If a repo order goes out. The agent picks up the car and then you go and pay it off. Yes, then can still collect his fee from you or the bank because the agent did preformed their job. If the bank pays the bill they will just add it to the final pay off.
If you buy a car in Nevada and live in Texas do you have to pay taxes in Texas when you register it?
Any vehicle that is operated for more than 30 days in Texas must pay the Texas registration fee of about 53.00. If I take my Texas vehicle to Nevada, I would, after 30 have to pay Nevada registration fee. Don't forget - you also have to change your driver's license and get a state inspection within 30 days.
How do you get out of a repossession?
Pay the debt.
Are the repossession agent allowed to charge a storage fee and and a repossession fee in the state of Arizona?
If my vehicle was repossessed at 8:00 pm and I paid the lien holder the full amount to pay off the loan. Can the towing company charge two days of storage when I picked up my vehicle at 1:00 pm the following day?
What can a person do to get a repo back?
Get caught up on their payments, pay all applicable late fees and the repossession fee, and do so before the car gets auctioned off.
Fmla paid leave Texas law?
Your employer is not required to pay you for fmla, but is required to hold your position.
What are the repercussions of an automobile repossession?
First off you will be required to pay the repossession fees unless you voluntarily turned the car in. Secondly you will be required to pay the deficiency. The deficiency is the difference in the amount the lender sells the car for and the amount you owe. Let's say you owe $10,000 and they sell the car for $8,000. That leaves you owing the lender $2,000. Thirdly this repossession will be placed on your credit report and will stay there for 7 years. Repossession should be the last resort after you have talked to the lender and done all you can to avoid this. Sell the car to another individual even if you have to sell it for less than it is worth, then pay the lender the deficiency out of your pocket to avoid repossession. Have someone take over the payments. Whatever it takes to avoid this.
