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2016-07-13 07:43:02
2016-07-13 07:43:02

Only if that tow truck was operated by the lienholder, and used exclusively for their purposes (e.g., a 'buy here pay here' car lot which towed only their own vehicles).

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Yes. If he has a repo order, it is no longer YOUR truck.


When you've missed a payment or two or three - they can usually do it legally after one missed payment, but they don't want your silly truck, they want their money. So they hire a repo man to get the truck back and sell it at auction as fast as possible to get SOME cash back...


my work truck was repo and i retrived my truck back but my belonging are missing how can i get them back


Finance companies do not ordinarily hire private investigators to repossess a car. They normally hire repo professionals to do that. These folks investigate the whereabouts of the vehicle, identify it, and tow it back to the rightful owner, the rightful owner being the finance company. However, the vehicle is usually towed to a staging lot, usually the repo's business address, and arrangements are made to make up the payments by the buyer, or, repo places a for sale sign on the vehicle.


You would have to know who the LENDER is on the loan. You will also need the VIN from the truck and/or the debtors name.


Probably not. He'd probably ask you to get out of the car.


If you got the new arrangements in writing, no, unless the new arrangements stated that repo would happen if new arrangements were not met in timely manner. If nothing in writing, arrange to get your personals out of the truck.


The "penalty" is a repo on your CR.,higher interest rates on future loans, and a possible judgement/wage garnishment against you. A repo is a repo is a repo in credit files.


No, it's illegal to ride in a towed vehicle. However, if you're getting into the vehicle to prohibit the car from being towed, you could find yourself in trouble with the law. Once the car is on a repo list, it's no longer technically yours due to default on payments.


Its not as easy as it seems. Is your truck gonna handle the work SAFELY? REPO insurance is sky high.


A repo man uses tools that can break locks and chain up moveable assets. A common tool for every repo man is the tow truck. The truck needs chains, lifts and a pulley system to work effectively.


Remotely no, they would have to come to the car and disable it. I think they are more likely to send a repo man


Yes, if you are not making the payments the bank can repo your truck.


There is no company with the name "Repo Truck", but "repossession" of a vehicle simply means the financial lending company "takes back" the vehicle, because monthly payments on the vehicle have ceased.


First, get some substantial time driving them. When you repo one of these, you have to be quick - if it's attached to a trailer, you typically have to drop that trailer, and it could be any type of trailer... dry box, RGN, whatever - and again, you need to be quick. None of this OTR, saunter out of the truck singing, "I've got tiiiiiiiiime on my side" nonsense. Then, you get enough experience that a towing and recovery company will hire you. Get a little time doing that, let them assess if you're ready to do repo work. If they decide you are, then you get into it.




Only if the truck, boat and trailer were all behind on payments and the lien holder for all of them assigned them all out for repo. If they weren't it's called conversion.


Operation Repo - 2007 Monster Truck 11-10 SUSPENDED was released on: USA: 16 April 2012


Operation Repo - 2007 New Truck Day 8-21 was released on: USA: 3 August 2011


The repo agency does one thing; repossess the vehicle. I don't know of any case where a lender could even draw from your pay. tThey hire a repo agency to get the vehicle, and they report your delinquency so your credit score suffers..The repo agency does one thing; repossess the vehicle. I don't know of any case where a lender could even draw from your pay. tThey hire a repo agency to get the vehicle, and they report your delinquency so your credit score suffers..The repo agency does one thing; repossess the vehicle. I don't know of any case where a lender could even draw from your pay. tThey hire a repo agency to get the vehicle, and they report your delinquency so your credit score suffers..The repo agency does one thing; repossess the vehicle. I don't know of any case where a lender could even draw from your pay. tThey hire a repo agency to get the vehicle, and they report your delinquency so your credit score suffers..The repo agency does one thing; repossess the vehicle. I don't know of any case where a lender could even draw from your pay. tThey hire a repo agency to get the vehicle, and they report your delinquency so your credit score suffers..The repo agency does one thing; repossess the vehicle. I don't know of any case where a lender could even draw from your pay. tThey hire a repo agency to get the vehicle, and they report your delinquency so your credit score suffers..



Only if the trailer is unladen, and also up for repossession. Otherwise, it must be detached from the power unit before the power unit is towed away. If there's a load on that trailer, and that trailer is towed away, the repossession agency is liable to come under criminal and civil charges.


Most likely, the repo man will hook the car to a tow truck or put it on a flatbed tow truck.


If you 'returned" it as in "I dont want this car anymore and I am NOT gonna give you a chance to repair it", then it was a vol repo. If it was towed in for repair and you never came back to get it from the repair shop, then it was a repo. If you havent paid any payments on the contract you signed, it was a 1st payment DEFAULT and a repo.Unless you got the lender to agree to a clause in the contract that said"if the car breaks down, I DONT have to pay", then it is a repo. Did I miss anything?



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