You have to read your contract to find that out. You can offer to catch up the payments and keep on trucking - if they will let you do that. I once bought a car from a supposed friend and a repo man show up at my door a year later to repo the car because my friend had a loan on it and hadn't paid. I wouldn't let them have it. The repo people got the Sheriff to come out and get it anyway. I got srowd by my ex friend Jerry G.
the Repo rate, Reserve repo rate and CRR as of 03 January 2009 are as follows: Repo Rate: 5.6% CRR: 5% Reverse Repo rate: 4.1% Source: RBI
Either remove it before the repo man takes the car or go to the repo company and ask if they set it aside. Some repo companies put all the belongings in a bag and set it aside for the owner. can a repo company charge me for retrieving my personal property and property that belongs to someone else?
A repo man can not issue a warrant for your arrest. Only a judge can issue an official arrest warrant.
Chances are the cops at the gate will escort the repo man to your car and let them take it.
Of course, it sounds like he must have. You can always tell him to leave and call the cops.
No, this is trespassing.
No.. they really don't have to knock. They are allowed to take the car without any notice.
Morning or afternoon at any time will be great to open my doors to you pch members staff pch , you very welcome !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Laws on this (and interpretations of those laws) can vary in different jurisdictions. In some states, there is a law dictating "peaceful repossession", and knocking on a door at midnight might be considered in violation of that.
if you told them about the purse and they kept it it probably is, otherwise i do not think so.
No. The bank didn't do it...... the repo man did. See the problem with your logic?
When they find the car, they tow it away. If it's in your driveway, they don't even knock on your door. If the car is in a parking lot or public place, they just tow it away and it will be gone when you come to drive home.
Not dodging the question, but a little of both. It depends on the info they have available about the account, their workload and other factors. Some lenders specify NO CONTACT with the debtor.
Do you have a repo contact at BoA? I am going to have the same problem. firstname.lastname@example.org