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The LIENHOLDER is ultimately responsible for anything that happens during a self help repossession.

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20y ago

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Who is responsible for damage to a vehicle during a repossession?

the person the vehicle was leased to is responsible as they are the ones that have caused the vehicle to need to be repossessed.


If you have a car repoed in South Carolina do you have to pay the remaining balance of the loan?

Yes. Additionally, you will be responsible for any late fees, repossession fees, storage fees, transportation fees, and legal fees and court cost incurred during the repossession process.


When the lender contracts out for the a rept to a CA repo agent and that party contracts to a 2nd party Texas agent to complete who is responsible for the damages incurred during the repo?

Regardless of who the agent is that actually repossesses a vehicle the responsibility will remain with the agency that actually accomplished the repossession, however, the Creditor is ultimately responsible for the actions of the agents that they assign an account to. The assigning agency, if they had no actual part in the repossession will probably not be responsible.


Can a repo man wear a bullet proof vest?

Yes, anybody can wear a vest. I'm not sure where this question came from but here in Florida you can't possess a firearm during a repossession.


Who is responsible for damage to your car if a tree falls on the car during an ice storm and you are leasing the house?

your mother


Can a repo agent damage personal propery during a repo?

No, the repossession agency must return your personal property undamaged. Usually you have to go pick it up. If your property is damaged, the agency should have insurance.


Can a payment be made during a repossession?

No. They're not there to collect money, they are there to reposess.


What can you do if there is damage to your car from being towed backward on the drivetrain during a repossession in Ohio?

Unfortunately, not much. The obvious prevention would have been to keep current on the payments. Being towed is just the logicl consequence of the previous actions.


What if repossession agent damages RV or personal property during repossession under Texas law?

Then they're liable for the damages. You need to file a police report immediately.


What is legal during a car repossession in Ohio?

NONE OF THE ABOVE. Call an attorney ASAP.


If your car was hit and damaged during repossession what rights do you have?

CALL a local attorney NOW.


Is it legal to carry pepper spray during a repossession act in Florida?

Pepper spray is not considered to be a prohibitted weapon under FL statute. Per The 2008 Florida Statutes - 790.01 Carrying concealed weapons.-- (4) It is not a violation of this section for a person to carry for purposes of lawful self-defense, in a concealed manner: (a) A self-defense chemical spray. http://www.SelfDefenseProductsFlorida.com