My truck was reposessed and the repo company dragged my truck out of my gravel driveway and ruined the driveway. Plus they took my truck to another state almost 3 hours away. I plan on getting the truck back but I wonder if I have a case for compensation for my driveway and any damages to my truck by being dragged, and it being taken to another state?
Get yourself a business license and some clients.
The legal remedy for vehicle repossession is covered by UCC laws. Regardless of where the lender is located the car can be repossessed under the laws of the state where it was purchased or where it is now located, whichever means is most advantageous to the lender.
the laws were krap
what are the legalities of voluntary vehicle repossession
the laws were krap
What are the squatters rights/adverse possession rights and laws in wilmington delaware
Can wages be garnished for the balance of an auto loan in the state of Delaware
=purple and black=
Just log on to WWW.statelaws.com and ask questions.
Vehicle repossession laws in Arkansas is the same there as it is in every other state. One must pay his loans or risk facing legal action from the one that one has borrowed from.
Yes, an auto lender can use an investigator for repossession. This is often done to locate the vehicle and ensure that the repossession is conducted legally and safely. Investigators can help gather information about the borrower's whereabouts and the vehicle's location, which can streamline the repossession process while adhering to relevant laws and regulations. However, the lender must still comply with state laws regarding repossession practices.
Pay it off, or, make some sort of deal with the bank to get caught up,