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What if your car got reposed and you filed bankruptcy do i have to pay storage charges to the repo company?
Wiki User
∙ 14y ago
Typically, when a car is reposed the financing company is responsible for all fees incurred in repossessing your vehicle. If you added the reposed vehicle in your bankruptcy and it was discharged with your other debts, you owe nothing to the bank or any of its' subcontractors. It is the financing company's responsibility only to pay its clients. If the repo. company is harassing you for the storage charges they are out of line. They must seek restitution from the financing company only. If they continue to call and pursue, call your local attorney general and state government banking association to file a complaint against the repo company and the bank. After a bankruptcy is discharged it is illegal for a creditor to call you for any financial restitution of a federally discharged debt.
Wiki User
∙ 14y ago
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If you filed bankruptcy two years ago and called the finance company to repossess a car but they never came to get it until now do they have a legal right to it after all this time?
YES,its still their car. You should have had it towed away 3 months after filing. NO, you cant charge them storage.
Can a repossession company keep your personal belongings for the storage fee in Wisconsin?
In most cases, a repossession can keep personal belongs for non payment. The company, however, must release them once payment is made.
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Can a dealer hold your car if it was reposed for insurance reasons and the issue is resolved?
Why would they want to hold it? Perhaps you owe them for towing and/or storage fees for the time that it was reposed.
My car was reposed and the person that has the car said you have to give them 25 dollars for your belongings can they do that?
Yes. They generally charge a DAILY fee for storage of personal belongings. (Florida)
In Florida is there a limit on the amount of money that a repo company can charge?
In Florida, the repo company charges the lender with the cost to repo the car. However, the repo company can charge no more than $25 for storage of personals found in the auto.
Im storing a motorcylcle for an ex- friend that needs to be repossessed will the finance company pay for storage?
if you are an individual simply storing it in your garage, good luck. However, if a business, such as an auto repair shop has the item, the company will likely nweed to pay them the storage fee and tack the amount onto the repo charges
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If the insurance does not cover the expense it is likely the person to whom the vehicle is registered will be responsible for towing and any other subsequent charges such as storage fees.
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Your vehicle was repossessed and the finance company charged you ''storage'' fee on the invoice to get your vehicle back can the repo agent still charge for storage?
no because the storage fee that the finance company charged you was what the repo company charged on the invoice. the finance company had no other reason to charge storage fee's they did not store it
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Self Storage Association is the company that owns Storage King. Their role is support Storage King and raise awareness through advertising. Storage King is one of 250 members of SSA's organisation.
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