Renovo based in IL. Renovo contracts out to smaller tow agencies across the U.S.
Only if your car was lojacked by the manufacturer and the repo company have the details to locate it.
Any information you give the lender or the lender obtains in the attempts to recover the vehicle by repossession is legal to use for that purpose.
Repo companies may use cell phone tracing devices to locate a car if the car owner has consented to such tracking or if the device is legally installed on the car. However, using a cell phone tracing device without proper authorization may violate privacy laws. Repo companies should ensure they have legal grounds to use such technology before doing so.
Yes, until you actually make the payment and the lender contacts the repo company and cancels the repo, we will still take your car. Unfortunately for you, one of the excuses that the repo man hears the most is "I have the money and I'm planning on making my payment tomorrow." If we let everyone keep their vehicle that told us that, we'd never make any money. This is not saying that you weren't going to make your payment, I'm just saying that we hear that a lot and most folks that use that line have no intention of making their payment the next business day like they claim.
if i moved to another state say Georgia or am going there can the bank find my car to reposess it>?
Way too many to mention much the same that a P.I. would use to locate an individual. Did you really think that you would get a repo man to tell you his secrets? Come on. there is many ways. and a repo person will find that car maybe not today but they will find it.
Yes. They repo and sell it for next to nothing. They sue in court and get a jugement that they use to put a lien on your house. Next time buy a cheap car just to get you there and back.
Yes, you can use GPS to repo vehicles. Further, it depends on the state and city, some cities require that you disclose it to the customer. You can find more information about your question at www.GPSAntiTheftSystems.com
If you are hiding the vehicle or continuing to use a vehicle that is no longer yours, you can be arrested for theft or fraud. Most lending institutions just repo the car, but if they have reason to believe that you're keeping their property from you they can go after you in criminal court.
If you don't have the title, use the registration card from the previous state. Check with the DMV to see if there is still a leinholder listed on the title. You will need the VIN #. They will give you that information. My question to you is, are they or have they tried to repo the vehicle? Is it in "repo" status?
Debt collectors will use any means for information to collect their debt.
You can only use a company car for that company's business.