Any activity that results in the recovery of the wanted vehicle is legal, provided the peace is maintained and there is a perfected lien-holder, and that lien-holder has issued a legal order for repossession.
There are minor specifics for each state, and some for specific metropolitan areas. These make it difficult to give a succinct answer for such a broad question.
The above is correct, but it doesn't solve your problem.
If you bought it at a "buy here, pay here" lot, TALK TO the people - YOU owe the money and you owe them because they handed over THEIR PROPERTY to you BECAUSE you agreed to pay x amount of dollars on some set schedule. What they DON'T want is to be cold-shouldered by YOU, the person who has THEIR property and who is USING their
property without upholding your portion of the agreement.
REGARDLESS OF WHO YOU OWE TALK TO THEM, DON'T Dodge THEM.
NONE OF THE ABOVE. Call an attorney ASAP.
Repossession of what? Who? The repo agent?
NO, it is NOT legal.
Depends. Are you receiving the car or are you selling the car.Repossession = againRepossession = ownershipRepossession = gaining ownership again
who is allow to do Vehichle/car repossession? when is a vehichle/car repossession not allowed? whats the minimum insurance needed for car repossession?
Yes. Additionally, you will be responsible for any late fees, repossession fees, storage fees, transportation fees, and legal fees and court cost incurred during the repossession process.
How do you write a car repossession letter?
Of course. They have the VIN and are the legal owners until you pay it off.
CALL a local attorney NOW.
is concealing a car from repossession a felony in georgia?
Per the Uniform Commercial Code, repossession is allowed without committing a breach of the peace. For specific legal regulations, see the related link below.
No, it's NOT legal.
The repossession process of a car usually takes about 6 months
A repossession is a repossession, no matter if it is voluntary or not. Your credit will be ruined for 7 years.
The legal remedy for vehicle repossession is covered by UCC laws. Regardless of where the lender is located the car can be repossessed under the laws of the state where it was purchased or where it is now located, whichever means is most advantageous to the lender.
You might be able to get a personal loan after a car repossession. However, you would get the loan at a very high interest rate one the repossession is on your credit report.
The repossession stays on your credit report for 7 years.
Possibly, but they can certainly prevent you from interfering, as it is no longer your car, hence the repossession.
In GA Can you get your car back after a repossession if you file chapter 13 bankruptcy
The tow/repossession company has to notify the police of the repossession so the car can't be reported stolen..
That is a decision made by the lender, and some do have photographs taken before the car is seized, but it is not a legal requirement. The repossession agent/agency does not assume responsibility for any damage to a vehicle that happens while it is being recovered.
Make your car payments.
File a lawsuit against you and the sheriff comes out and forces you to give up the car. Do not give it up and you will likely be in jail.
YES, concealing mortaged property is a felony in most states. It is one of the lenders many legal options.