HomeWhat does the repo agency do to the car when they repo it?
Once the vehicle is secured:
- Reports it to the local police department
- Takes it to the storage facility
- Fills out a condition report of any damage and mileage
- Removes and inventories personal property left in it, if any
- Stores the car until it is redeemed by the debtor (usually for a fee) or transported to auction
- Stores the personal property until it is redeemed (usually for a fee) or until the deadline for pickup is reached (varies by state, usually 30 days).
Related Questions
Yes. However, the agency conducting the repo needs to be licenced to operate in the state you are in.
Unless you have a lien on the car, you have no rights as far as repossessing the vehicle goes. If you send a repo agency - even as a joke - and they collect the car while you have no legal claim to it - then both you and the repo agent have committed theft.
it will be on there as soon as the order gets sent to the repo company, they are the collection agency. after they repo ur car and it gets sold at auction ur credit score will change .
Will i be able to purchase another car later on if my car is repo
can my car be repo 38 day's in default?
Contact the lender or the repossession agency in writing and request a copy of the report of sale.
The repo agency will likely charge a "storage fee" for those items when you go to get them back.
Q:Can you get an apartmet with a car repo? A: All apartments come without a car repo option. Sometimes you can negotiate utilities, however
want to know if my car is on a repo list
Yes, afterall, the repo-car is still the legal property of the person who has sent the repo-guy to retrieve it.
If the sibling has the car with permission, you CANT report it stolen. If you are listed on the TITLE as owner or co-owner, go get the car. If you are listed as leinholder, have some type of proof that sibling is in DEFAULT of a loan using the car as collateral, go get it or hire a repo agency to get it.
Yes, you can self repo your car if you can no longer afford your car and is financially unable to pay the payments for your car.
The repo agency does one thing; repossess the vehicle. I don't know of any case where a lender could even draw from your pay. tThey hire a repo agency to get the vehicle, and they report your delinquency so your credit score suffers..The repo agency does one thing; repossess the vehicle. I don't know of any case where a lender could even draw from your pay. tThey hire a repo agency to get the vehicle, and they report your delinquency so your credit score suffers..The repo agency does one thing; repossess the vehicle. I don't know of any case where a lender could even draw from your pay. tThey hire a repo agency to get the vehicle, and they report your delinquency so your credit score suffers..The repo agency does one thing; repossess the vehicle. I don't know of any case where a lender could even draw from your pay. tThey hire a repo agency to get the vehicle, and they report your delinquency so your credit score suffers..The repo agency does one thing; repossess the vehicle. I don't know of any case where a lender could even draw from your pay. tThey hire a repo agency to get the vehicle, and they report your delinquency so your credit score suffers..The repo agency does one thing; repossess the vehicle. I don't know of any case where a lender could even draw from your pay. tThey hire a repo agency to get the vehicle, and they report your delinquency so your credit score suffers..
They are not lying to you. A repo is a repo is a repo.
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.
The repo man will not care if your car has insurance or not. If you haven't been paying for your car, the finance company or bank will take their car back.
When it gets to your CR, a repo is a repo is a repo. Theres only one.
Are you talking about a collection agency? You need to consult an attorney on this, as statutes of limitations vary by state.
Probably not. He'd probably ask you to get out of the car.
Laws vary by state, but, generally, yes. They'll notify the law enforcement agency with jurisdiction in the area where they're repossessing the vehicle from, and the law enforcement agency will typically give notification of the repossession if the vehicle is reported stolen. However, most people with vehicles up for repossession are aware of it, and can put two and two together.
No, the repossession agency must return your personal property undamaged. Usually you have to go pick it up. If your property is damaged, the agency should have insurance.
No a repo person can not break into your home to repo your car. Repossession persons can not damage or destroy any property in attempts to take possession of a vehicle.
can they send a police to my house to repo my car? can they send a police to my house to repo my car?
Husband dies, his car left at a friends house, friend would not give car up, car was voluntarily repossesed, can you still get car after a repo? What is needed?
Give me food and I will live give me water and I will die what am I?
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