0
If you know where someone is hiding their car from repo is there a way to let the creditor or the police know where it is?
Wiki User
∙ 8y ago
The wording of your questions presumes one of two things: either you are familiar with the debtor, or you have seen and perhaps talked with the repo agent who is trying to locate the vehicle.
If you are familiar with the debtor, it is possible you know who the lender is. Contact the lender with as much information as you can. Keep in mind that you will want to keep the location of the vehicle to yourself, and seek a locator's fee. This is a common practice in the industry. Many people short themselves by accepting $50 or less. Keep in mind that the lender is paying up to $1,000.00 for the repossession to be done and that all costs associated with the repossession are translated to the debtor as recovery fees. Personally, I would ask for $500 and let them negotiate me to no less than $300, with half up front.
If you have seen or spoken to the repo agent, let him know that you want a locator's fee, and that you will only negotiate with the lender. He can contact his office who can patch you into the lender or have the lender call you directly. Again, aim high, and let them negotiate you down a bit.
Of course, if you know the vehicle is being hidden, but do not know where it is, there is no point discussing it with anyone.
Wiki User
∙ 12y ago
Wiki User
∙ 8y agoPOLICE dont care/cant get involved. Lender would love to know. Do you know who the lender is? If so, give them a call.
Add your answer:
Earn +20 pts
What does hindering a secured creditor mean?
Hindering a secured creditor means hiding or concealing property that is theirs. It can also mean not releasing information about a debtor that you would know.
Who showed police the secret annex and their members hiding?
No one knows, and it is very likely that no one will ever know.
Can your Mexican boyfriend stay here in US after you marry him He been here for 9 years illegally we have children together I want to marry him?
tough. that already happened to someone i know. they are both hiding from the police and no he cannot stay. when the police know both of you might go to jail. you may marry him but maybe somewhere else.
What is the summary of Eve Bunting's Someone Is Hiding on Alcatraz Island?
cumputer dodsent know
How does a creditor know where your bank is?
can you keep a creditor from finding your account
Where do you go for help if you or someone you know that is using cocaine?
go to the police
They repossessed my truck but are now saying they didn't what can I do to prevent myself from going to jail for hiding a truck I know they repoed?
If you aren't hiding it and they didn't repossess it then it has been stolen. Call the police and report that your truck has been stolen.
A sentence for creditor?
i was looking for that word too (creditor) & i don't seem to know the answer..
What do you do when someone files a false police report in California?
Filing a false police report is a criminal offense. If you know of someone who has done this, you should notify a police agency, preferably the one where the false report was filed.
How does police officers relate to science?
because they need to know how to taizer someone!
Who revealed were Anne Frank was hiding?
Well, someone (the person who did reveal the Frank's hiding place) did know. They are most likely dead now. And because it has never come to the public who revealed their hiding place, it is likely that it will never ever be known.
What does the word blocking mean in drama?
the planning and working out of the movements of actors on stage. (basically its to know where your places are at, at the right time, so that your not hiding behind someone of someone hiding behind you ...you must always show your entire body, especially your face)
