0
Bond?? whatever the NY authorities require to get a BL. Bond to get business?? Varies by lender. MAJOR nationwide lenders usually want $1,000,000 wrongful repossession insurance.Smaller lenders may not require a bond. Certification??? NOT required but it is VERY useful. At $350.00 for a cert course, it is money weel spent.
Add your answer:
Earn +20 pts
What is needed to start a repossession business in Georgia?
check out laws and regulations in your stae(georgia)
What is needed to start up a repossession business in the US?
It might be easier to contact an existing repossession service such as Renovo, Inc. They contract service providers in other states to conduct repossessions in their local areas. This way, you get experience in the business, and they take care of all the red tape.
Where do you get car repossossion permit?
who is allow to do Vehichle/car repossession? when is a vehichle/car repossession not allowed? whats the minimum insurance needed for car repossession?
What is needed to become a repossession agent in Oklahoma?
my answer is to just go to oklahoma and just you becomes a repossession agent..........this is not real DONT DO IT.
What documentation is needed to get a repossession title in Indiana?
A certified copy of the contract is all that is needed to obtain a repossession title in the state of Indiana. One does not have to be licensed to become a repo agent in Indiana.
How do you become a repossession agent in Minnesota?
To become a repossession agent in Minnesota a license from the state is required. A tow truck and license to operate it are also needed.
Is your business needed in this area?
My business is needed in all areas.
How much coolant do you need?
The amount of coolant needed is different from vehicle to vehicle. Smaller vehicles like motorcycles may only need a few quarts while a large truck would take several gallons. The amount required for your vehicle will be shown in your owners manual.
Why would anyone need a quorum?
A business would need a quorum. A quorum is the least amount of voting members that is needed to be at special meeting that conducts business for the company. A quorum is needed so businesses can conduct plans.
Are there any special licenses registrations or bonds needed to run a repossession business in Indiana?
Is there a place to find rules and regulations for repossessing vehicles in the state of Indiana? Popularity: 4 Question asked by Jason McClain on September 22, 2004. How do you go about starting a repossession business in Indiana? Popularity: 3 Question asked by Jesse Hamilton on September 25, 2004. http://www.in.gov/pla/
What procedures are needed to get repossession stopped?
Depending on the state you reside in the procedure in order to get a repossession stopped is difficult. One of the few ways to stop a repossession is if a "breach of the peace" were to take place such as your car being in a locked garage or a threat of force was issued.
What are the requirements needed in order to sell a car in the UK?
In order to sell a functioning vehicle in the United Kingdom three things are required: proof of ownership, the outstanding amount owed on the vehicle (if applicable) and the title. For salvage vehicles, all that is needed is the title.
