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I just recsntly had my vehicle repo'd in cali, and to tell you the truth.. you're screwed. not only can they keep the vehicle... you are still completley obligated to pay off the loan. my suggestion to anyone who cant make their payments on time.. hide it well.

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โˆ™ 2005-10-12 14:06:06
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Q: What can your lendor in California do to you after repossession of your vehicle?
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Related questions

What are car repossession laws in Missouri regarding notification to auction a vehicle?

what are the legalities of voluntary vehicle repossession


Repossession law in California?

Under California law, a creditor can repossess the vehicle if it is in default without notice, even if the car payment is one day late. However, if there is a co-borrower on the loan, the creditor is required to give notice before repossession.


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


What is the statute of limitations in Georgia for repossession of a vehicle?

I don't think there is a statute of limitation on repossession of a vehicle anywhere as long as there is an overdue payment outstanding.


Will Harley dealership repossess when in for service?

Dealerships are not typically recognized repossession agents, however, if you bring in a vehicle for service, and a valid repossession order exists for that vehicle, the delareship may secure the vehicle for the lender so that repossession may take place.


When a repossession notice has been issued for a motor vehicle can the registration be renewed and if the car is pulled over by the police will the police hold the car?

A "repossession notice" is a civil matter. A police oficer cannot hold the vehicle for repossession. Unless, there has been a court proceeding and the judge has ordered the vehicle held if stopped. A repossession notice also cannot stop the registration of a vehicle.


What type of license do you need to start a repossession business in California?

I'm not in California but I'm guessing you will need at least, a business license, and a tow vehicle license for hauling vehicle's. Check with the Dept. of Licensing and the California Highway Patrol. Both have websites that will likely help you with your question.


When does a repossession legally take place in California?

The California Business and Professions Code is very clear on this point. The code states the following: With regard to collateral subject to registration under the Vehicle Code, a repossession occurs when the repossessor gains entry to the collateral or when the collateral becomes connected to a tow truck. You can find out more repossession related laws by checking out the website at mparepos.com. They have a FAQ page that answers all related repossession law questions for the State of California.


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 do you stop repossession of vehicle?

pay what you owe


What do you do if you get sued for repossession of a vehicle?

Contact an attorney.


Is repossession of a vehicle in Illinois allowed?

Yes


What is willing repossession?

a voluntary repossession is where you turn over the vehicle instead of us having to come get it from you. www.aerecoveryandtowing.com


Can they repo another vehicle for ransom my daughter was told this by the repo man?

No. The only vehicle that can be repossessed is the vehicle for which the agent has a valid order of repossession, OR in some cases, a vehicle the agent encounters (such as reported by a camera car) in the process of locating another repossession. Anything other would be wrongful repossession or possibly grand theft auto and extortion.


In California what happens if a vehicle has been charged off and it has been over a year and you still have it but there has been no contact or correspondence from the bank regarding a repossession?

It might get repossessed.


When was Frank Lendor born?

Frank Lendor was born on October 4, 1939, in Santo Domingo, Dominican Republic.


How can you stop a vehicle repossession?

Pay off the loan.


Is it illegal to hide a vehicle in Utah if facing repossession?

No.


Do you have a right to have a repossession letter before my vehicle is repossessed?

no


How long after repossession of your vehicle does the lien-holder have to sell the vehicle?

Forever Adding: I believe the questioner may actually mean to say - does the lien holder have to wait to sell it. Perhaps he doesn't understand that after repossession, it is then "their", that is the lenders, vehicle.


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 is a repair facility's reonsibility regarding vehicle repossession?

They have no liability for a vehicle repossessed lawfully from their property.


Who is responsible for damage to a vehicle during a repossession?

the person the vehicle was leased to is responsible as they are the ones that have caused the vehicle to need to be repossessed.


What can happen if you hide a vehicle from the repossession agent in Mississippi?

repesession


How long will a repossession agent search for a vehicle?

Till they find it.