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Typically, because the person making payments failed to uphold their end of the deal. The lienholder is the rightful owner of the car until the loan for the vehicle is paid in full. Because of this, they have a right to collect their property when a loan goes into default.
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What is REPO and reserve REPO?
repo is taking somthing away like the repo man in the new movie repo! the genetic opera theres an organ repo man who takes away peoples organs
Can a repo man take your car?
if you are late 15 days on your payment they can take your car away.
Can repo man drive the car away when repossesing?
Yes he can take it away any way he likes.
Can repo man drive by house in undercover car?
Yes, a repo man can drive by a house in an undercover car. They employ various means to see where people are hiding their cars and are usually allowed to take them unless they are in a private garage.
Can cars with on-star be detected by the repo man?
They can for sure be detected by GM. I would doubt a repo man would have that capability unless they are working for GMAC.
Can a repo man move other cars parked around it the repo car to get it?
No. A repo agent is only permitted to move and enter the vehicle which they have an order for repossession on.
Can the repo man cut locks on gates and take cars?
NO THIS IS ILLEGAL! They cannot go inside your house, garage, or locked private property
what is Repo Man?
A 'Repo Man' is a person who gets paid by a company to repossess anything (usually cars, planes, automobiles, etc.) that hasn't been paid for in 3 months or more. The person can just take it back to the company, but he/she has to have the right papers so they can take it. Basically, if the person hasn't paid the rent (usually for cars and such) for a while, it gets repossessed.
What is a repo man?
A 'Repo Man' is a person who gets paid by a company to repossess anything (usually cars, planes, automobiles, etc.) that hasn't been paid for in 3 months or more. The person can just take it back to the company, but he/she has to have the right papers so they can take it. Basically, if the person hasn't paid the rent (usually for cars and such) for a while, it gets repossessed.
How long does it take a repo man to repo a car in California?
A long time if you hide it well!
Can a repo man take your car if your child's car seats are inside and needed?
A "repo man" can take your car no matter what. If your purse is in the car, they can take it. You will probably be called with the information on how to get your personal effects.
Can repo man take car from garage?
Unfortunately, yes.
