CALL an ATTORNEY asap
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
They usually take them to auction after a brief storage period either at the collection agencies or lending institutions yard.
Yes, you can, and you usually will.
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
Here is a website that states CA laws on repo and storage. http://www.repobiz.com/facts.html
Pay the current balance, plus repossession and storage fees.
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.
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.
The repo agency will likely charge a "storage fee" for those items when you go to get them back.
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??
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.
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.
No, because there is no "N" in storage
they have storage because for important things.
same as anywhere else. they CANT keep it, but may charge you a fee for inventory and storage.
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.
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.
YES, the law requires them to charge it. http://www.dca.ca.gov/bsis/bsiscons.htm
Ferdinand F. Leimkuhler has written: 'On information storage models' -- subject(s): Automation, Information storage and retrieval systems, Libraries, Library finance
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.
you shouldnt want to prevent food storage because food storage is a good thing
no, because secondary storage is a storage that holds information until it is deleted or overwritten....
Carbon Storage is important because jonah and kamiii are important<3
Not only does Honda have insurance on the vehicle, so does the repossession company, the storage company, the transport company, and the aution agency.
* 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.