An Authorized Recovery agent working on behalf of the lien holder can repossess the vehicle from the lessee. It is Illegal in the state of Indiana for someone who works for/ at the car lot or for the lien holder to repossess a vehicle under the car lot/ lien holder's company name. The duty of repossessing a car must be hired out to a recovery agency.
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∙ 13y agoNO!
No. The lienholder is the only entity with a right to repossess.
Yes, the finance company can repossess the car from the body shop. They would likely wait for the car to be fixed before they repossess the car.
As long as the bank is listed as the lienholder on the title and as long as you owe them money and haven't paid they can repossess the car.
Yes
Yes, you made a financial pbligation by signing the documents for the sale of this car. So, they can legally repossess that vehicle.
No, you dont even need keys to repossess a car in South Carolina
The state doesn't repossess your car - private companies do that on behalf of the lienholder. They don't charge you for private property left in your car when they repossess it - that would be illegal. They charge a "storage fee" for the items they remove from your car. Underhanded, yes, but they can legally do it.
no
yes
yes, it is a default on a loan
Any one on the title or that has a contract.