In North Carolina, a repo man typically earns between $200 to $400 per vehicle repossessed. The exact amount can vary based on factors such as the company's payment structure, the difficulty of the repossession, and any additional fees involved. Some repo agents may also receive a base salary or commission, which can impact their overall earnings. Overall, income can fluctuate significantly based on the volume of repossessions handled.
how do you get a repo licence in North Carolina
No. Not in North Carolina, not in any other state.
YES, a lender can get a judgment for the balance owing on a loan after repo.
he cannot break & enter to get the car.
Yes. A repossession agent can secure the vehicle anywhere he finds it with some limitations, provided he has a valid order for repossession.
Legally probably not,that assumes you do not own the propery or the property(like a private road) to get to your property so that would be trespass.But someone has to call the police to enforce the trespass violation.After the repo guy has the car there is not much you can do except to sue the lender or repo guy. Gated,YES.Gated and locked no.
Yes, in North Carolina, a creditor can garnish your wages for a debt related to a car repossession, but there are specific legal steps they must follow. Typically, they would need to obtain a court judgment against you for the debt before garnishment can occur. However, North Carolina has limits on how much can be garnished from your wages, protecting a portion of your income. It's advisable to consult a legal professional for guidance on your specific situation.
One million dollars per episode....each
No. But after repo they are.
6.25, 7.25
The #1 best way to stop a repo is to PAY YOUR NOTES or make arrangements with the LENDER. The lenders starts the repo, they stop the repo. Pay your bill.
They can issue a warrant for a repo if they have gone to court and determined that you are trying to steal the car. They would have to file theft charges against you first.