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Why do finance companies hire private investigators for repo?
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.
Can a repo man repo your truck behind your gate?
Yes. If he has a repo order, it is no longer YOUR truck.
When can the bank repo 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...
How do you find out who is trying to repo a truck?
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.
Can repo man repo your truck with you in it?
Probably not. He'd probably ask you to get out of the car.
Husband deployed I can't make payments on his truck can his truck be repo?
Yes
If you were 450 behind on payments for a truck and the seller said it was okay and you could work something out can he then just decide to repo the truck?
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.
Can the repo men hook up your car with you in it?
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.
How do you repo a car without a tow truck?
drive it away
If you buy a Cobra Slide-In Unit for your truck will you need anything else to repo cars?
Its not as easy as it seems. Is your truck gonna handle the work SAFELY? REPO insurance is sky high.
If a truck and a camper are repossed voluntarily is there a penalty?
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.
Can ford shut your truck down?
Remotely no, they would have to come to the car and disable it. I think they are more likely to send a repo man
