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Answered 2005-01-24 17:23:31

CALL an ATTORNEY asap

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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


When cars are repossessed where does the finance company have them taken?

They usually take them to auction after a brief storage period either at the collection agencies or lending institutions yard.



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


Where can Ifind complete laws on repossession and storage of repossessed cars in CA?

Here is a website that states CA laws on repo and storage. http://www.repobiz.com/facts.html


How do you regain possession of car that has been repossessed?

Pay the current balance, plus repossession and storage fees.


When your vehicle is repossessed where does it go?

Depending on who the lender is and how they dispose of repos, it will go to the repo cos. storage lot and then to the auction.


Can you still owe money after your motorhome is repossessed?

Absolutely. When an item is repossessed, it's typically auctioned off. The person who the property was repossessed from is still responsible for the difference between what the final auction price was and what the amount owed at the time of repossession was. Additionally, repossession, storage, and transportation costs will be added to the amount owed.


Is there a fee to retrieve your possession from the repossessed car?

The repo agency will likely charge a "storage fee" for those items when you go to get them back.


Im storing a motorcylcle for an ex- friend that needs to be repossessed. Will the finance company pay for storage if i return it to them?

No the first thing you need to do is` answer one question- No your not ....maybe....holding it for her tell ....for what ever reason right?what year is the bike and make ,what is left on the payments? where are you to take a look at it??? let me now??


If your motorhome is repossessed what can they take?

Just the motorhome. Any personal property inside the motorhome remains yours, and they may not take it. In most states, however, they may charge a storage fee for personal property which was removed from the repossessed vehicle.


How can you buy a repossessed vehicle directly from the bank?

Banks often keep repossessed vehicles in their parking garages. or in an appropriate storage area a reasonable distance from the bank. Walk into the bank and ask for the person in-charge of repossessed vehicles. Once onto the right department, state that you wish to purchase a particular repossessed vehicle when the title has cleared with the bank...and don't be intimidated into thinking you can't bargain, you can. Good luck.


Does storage rhyme with orange?

No, because there is no "N" in storage


Why do missions have storage?

they have storage because for important things.


What are the laws in Maryland regarding retrieving personal property from a repossessed vehicle?

same as anywhere else. they CANT keep it, but may charge you a fee for inventory and storage.


How many days do you have to pay for your repossessed car before they sell it?

None. The lienholder may dispose of the vehicle as soon as they physically receive it (and probably will do so as soon as they can; they're not in the car storage business). The time to worry about paying for it was before it was repossessed.This might be different if your finance contract says otherwise, or if there's a specific law in your state requiring the lender to hold the vehicle for a certain time.That said, you might get lucky. Call them as soon as you discover it's been repossessed and see if you can work something out. If they believe you have a reasonable chance of paying them in full in a short time, they're more likely to wait and see.


Will a finance company accept storage insurance instead of full coverage if the car is never driven If so how much cheaper is storage insurance compared to full coverage?

They will probably demand full coverage on the car whether you drive it or not. The storage insurance should be quite a bit cheaper than if the vehicle were actually in use on the streets, etc. Check with your finance company and your insurance agent.



What has the author Ferdinand F Leimkuhler written?

Ferdinand F. Leimkuhler has written: 'On information storage models' -- subject(s): Automation, Information storage and retrieval systems, Libraries, Library finance


In the state of Colorado if a vehicle is repossessed do the personal items in this vehicle have to be returned?

As soon as your vehicle is delivered tot he storage lot, it is typically inventoried. That is all personal items are listed and placed in storage. Upon your request, these items will be returned to you. Keep in mind thought that you may be required to pay storage for these items before they will be returned.


How can you prevent food storage from happening?

you shouldnt want to prevent food storage because food storage is a good thing


Can a computer work without a secondary storage?

no, because secondary storage is a storage that holds information until it is deleted or overwritten....


What is carbon storage?

Carbon Storage is important because jonah and kamiii are important<3


When a vehicle has been repossessed and taken to the auction does Honda carry insurance on it?

Not only does Honda have insurance on the vehicle, so does the repossession company, the storage company, the transport company, and the aution agency.


How do you claim your personal belongings from a car that has been repossessed and can the storage yard charge you for them?

* You have to contact the storage yard immediately. * If you have proof of ownership take it with you. (You might not need this.) * If you have proof that the car is registered in your name take that with you. * The storage yard should not charge you for holding your belongings if you have contacted them immediately. They might charge you some fee if they have to go to some trouble to get your belongings.


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