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They continue searching for it. Repo agents investigate. They don't just give up if the car isn't waiting for them when they show up. They'll figure out the habits of the debtor, they'll keep a close eye on them... basically, they'll make it pointless for the debtor to hold onto the car, because the risk of them hooking and booking the vehicle will always be there anytime the vehicle is taken into public.
That's on the recovery agency's end.
As for what the lienholder will do, that depends on a number of things. The lienholder is the lawful owner of the vehicle, and thus, has legal options available to them.
What else can I help you with?
I know where a car is hidden how do you find out the repossession agent?
WHAT CITY / STATE IS THE VEHICLE IN? YOU CAN EMAIL ME DIRECT @ SOUTHERNWRECKERSERVICE@YAHOO.COM
Can a repo comp request a criminal warrant for a car?
The repossession agent is not a law enforcement agent, and has no such authority.
Can a repossession agent take your car with your kids in it?
Only if they want to be charged with kidnapping. NO.
Can a vehicle repossession agent take another car if the original is no longer available?
No.
Do repossession agents take a picture of the car before they try to take possession of it?
That is a decision made by the lender, and some do have photographs taken before the car is seized, but it is not a legal requirement. The repossession agent/agency does not assume responsibility for any damage to a vehicle that happens while it is being recovered.
In California can anyone other than the licensed repossession agent repo the car?
your mom can
Can you repo a car if you have title?
When you purchased the car, you may have received a lien title from the state. This is not a clear title of ownership. The lender in essence still owns the vehicle, at least part of it. It is held in security for the loan. If you are a repossession company or agent, you will be required to have an order of repossession. But, if you are a repossession company or agent, you should already know this.
Does repossession show on your credit report as soon as the car is taken or after it is auctioned?
It can show at any time. A repossession is compleated as soon as the car is picked up so it does not matter what happens after the repossession it still did happen.
What happens to the car after repossession?
The bank sells your car at an auction lot for about half the price you paid for it.
Can a coowner report a car in repossession stolen inn Vegas?
No. Namely, because the car wasn't stolen - it was taken back by the rightful owner (the financier), via a repossession agent. It's not the financier's fault - nor the repo agent's - that you neglected to make your payments.
What happens if you hide your car from repossession in Iowa?
Eventually you will be court orderded to give up your car, and plus with a repossession, you will ruin your credit report and they will do a wage garnishment eventually.
How can you find out if you have a repossession on your vehicle?
miss a couple of car payments and you will find out!
