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When the borrower agrees to a voluntary repossession but their mother contests the action is that a wrongful act of repossession?
Wiki User
∙ 17y ago
No, if the vehicle is subject to repossession due to a default in the lending agreement, it is irrelevant whether or not the parent agrees to the action.
Wiki User
∙ 17y ago
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What is repossession insurance?
Wrongful repossession insurance??? Coverage for when the Repossession Agency wrongfully recovers an asset for a myriad of reasons.
How can you get a copy of your repossession paper when the company will not help?
If it was a wrongful repossession, get an attorney and they will get a copy of it. Otherwise, what could you possibly do with it?
Can i sue the bank for wrongful repossession?
You need proper lawful advice from a lawyer.
What do you do if your car got repossessed when it wasnt supposed to?
If it truly was a wrongful repossession, call local law enforcement and report the vehicle stolen. If they notify you that it was repossessed, inform them that it was a wrongful repossession. Next, contact the lender and demand politlely that they notify the repossession agency that the vehicle was wrongfully repossessed. You might even, still politely, suggest some sort of compensation for you inconvience. Also ask for the contact number of the repossession agency. Call them and notify them also of the wrongful repossession. Suggest also to them some sort of compensation for your incovenience. Vehicles that are wrongfully repoed must be returned as soon as possible and in the same condition as when taken. If there is damage, the lender and the repossession agency are liable. If you are not satisfied with how quickly your vehicle is being returned, push the auto theft charges.
Can they repo another vehicle for ransom my daughter was told this by the repo man?
No. The only vehicle that can be repossessed is the vehicle for which the agent has a valid order of repossession, OR in some cases, a vehicle the agent encounters (such as reported by a camera car) in the process of locating another repossession. Anything other would be wrongful repossession or possibly grand theft auto and extortion.
What should you do if the car was damaged while wrongfully repoed?
Every state requires repossession agents to carry insurance. If the vehicle is damaged during a repossession or especially a wrongful repossession, the agency that secured the unit must have it repaired at their own cost, or as a matter of insurance claim. Remember, do not sign for acceptance on the repairs until you are absolutely satisfied that they have been done properly.
What the Difference between Wrongful birth and wrongful death?
There is no wrongful birth. Only wrongful death.
The loan company says they never received your payment and repossessed your car yet there is a bank record of the money transfer what can you do?
Most attorneys love 'wrongful repossession" cases. Call one in your area.
Can you sue for wrongful repossession of a vehicle when loan was paid in full over a month and a half ago?
Yes, if you have proof that your lender received your payment before your vehicle was repossessed. If you have this proof, you can sue them and get your car back and not be charged for any fees.
How to know when you need a wrongful death attorney?
If you think you may have a wrongful death claim, then you need a wrongful death attorney. A wrongful death is when someone dies due to the negligent, reckless, or illegal actions of another person. It can be intentional or unintentional.
What type and amount of bond is needed to start a vehicle repossession business in New York state?
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.
What is the meaning of WRONGFUL without searching on the web?
Wrongful means literally to be full of wrong. When used as an adverb wrongful helps to describe the verb or state of being in any sentences structure.
