They have no liability for a vehicle repossessed lawfully from their property.
what are the legalities of voluntary vehicle repossession
It might get repossessed.
Sample letter of vehicle repossession for the state of texas
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.
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.
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.
Yes
a voluntary repossession is where you turn over the vehicle instead of us having to come get it from you. www.aerecoveryandtowing.com
no
No.
In Texas, a creditor can repossess a car if the loan agreement has been defaulted. However, they cannot breach the peace during the repossession process. Wage garnishment for repossession is not permitted in Texas unless the creditor sues the debtor, obtains a judgment, and then seeks a writ of garnishment.
if there is a conditional sales contract such as a carfinco finance agreement the law is seize or sue BUT NOT BOTH !THEY WILL TELL YOU THEY CAN BUT BUT THE RULE IS SEIZE OR SUE both in Alberta and in bc