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When you've missed a payment or two or three - they can usually do it legally after one missed payment, but they don't want your silly truck, they want their money. So they hire a repo man to get the truck back and sell it at auction as fast as possible to get SOME cash back...
What else can I help you with?
Is it legal to repossess your work truck when you are self-employed?
Yes, if you are not making the payments the bank can repo your truck.
I live in TX and my truck is financed in FL bank isn't licensed in TX can they still repo my truck?
yes if they have your address
Can a repo man repo your truck behind your gate?
Yes. If he has a repo order, it is no longer YOUR truck.
Can repo man repo your truck with you in it?
Probably not. He'd probably ask you to get out of the car.
Husband deployed I can't make payments on his truck can his truck be repo?
Yes
How do you find out who repossessed your car?
The bank/lending company are the ones who repo your car the repo chimps are just their agents.Your bank should tell you.
Can a repo person come into your closed garage and get the car?
NO. Have him arrested if he did that. _____ Sue the lender/bank do not waste your time with the Repo guys; they are agents of the bank so the bank is responsible for their conduct.
What is the current repo rate and reverse repo rate and bank rate by RBI in India?
As of October 12, 2010, according to the Reserve Bank of India... repo rate 6.00% reverse repo rate 5.00% overnight call money 6.24%
What is the current repo rate and reverse repo rate in india?
The current Repo Rate is 6.5% and that of Reverse Repo Rate is 5.5%. While the Bank Rate is 6.00% ..
What is repo rate?
the repo rate is the rate that the reserve bank lends money to commercial banks
How do you repo a car without a tow truck?
drive it away
What is the meaning of reverse repo rate?
repo rate - is the interest rate that reserve bank use to charge commercial banks repo rate - is the interest rate that reserve bank uses to charge commercial banks
