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To the best of my knowledge there is no limit. This is their way of robbing people and unfortunatly the city usually just wants the car MOVED so they don't crack down on the fees the companies that move the cars charge. The finance company that has it repo'd pays them to tow it and allowing them to rob you keeps their costs down they have to pay the tow company also.
in the state of Virginia-each jurisdiction has a towing board made up of tow company owners and public officials that regulate what towing companies can charge for towing/impounding/storage/accident recovery/etc. and also how far your car can be taken when impounded or towed. you should check with your local police or sheriff office to see if the repo company falls under their jurisdiction as far as storage costs go when repossession is involved
Depends on the state the vehicle was picked up. To the best of my knowledge most states do not regulate this. One of the reasons for high storage rates by the recovery agency is many finance companies are asking for free storage unless the debtor redeems the vehicle. The repossessor can't afford to pay for his lot or garage without collecting storage from someone. Plus there is the additional burden of insurance while the vehicle is being stored. The average deductible for repo insurance is $1000.00 to $1500.00. for each claim. You also have the costs for security and lot attendants who not only release the vehicle but must do all the paperwork for the finance companies.
I know you don't like to hear this but the fact is many agencies are now losing money when it comes to total cost of storing the vehicles. This could all be resolved if the finance companies would quit placing the burden on the recovery agency and added all to the original repossession fee. In their attempts to hold down their own costs they are forcing the recovery company to sign unfair contracts in the first place. Strange as it may seem almost every major lender has almost the same contract and the recovery eithers signs this or has no work.
What else can I help you with?
Are there limits on storage fees that a body shop can charge?
NO
What property is exempt in NC?
The only things in NC that are exempt from repossession or garnishment are SSI and veterans' benefits. There are limits that they can take from vehicles and properties though.
How much storage can I get with cloud computing and for how much?
If I'm not mistaken, you can get cloud computing storage in just about any capacity. I'm not 100% sure though. I really couldn't find any storage capacity limits online.
What interest rate does a moneylender charge for lending you money?
The highest rate that they can get away with. There are legal limits, and if they charge too much, no one will do business with them.
Can wages be garnished for a repossession in NJ?
Yes, wages can be garnished for a repossession in New Jersey, but only under certain conditions. If a creditor obtains a court judgment against you for the unpaid debt related to the repossession, they can seek a wage garnishment. However, New Jersey has specific limits on how much can be garnished from your wages, typically up to 10% of your gross income. It's advisable to seek legal counsel to understand your rights and options in such situations.
How much interest can be put on a 1400 loan?
In many countries there are no limits on what loan sharks can charge.
Will the capacity of storage devices reach its limits in near future?
While storage devices have seen remarkable advancements in capacity and technology, it is unlikely that they will reach their limits in the near future. Innovations such as 3D NAND technology, DNA data storage, and advancements in quantum storage suggest that new methods will continue to emerge, allowing for increased storage capacities. However, physical and economic constraints may influence the rate of these developments. Overall, while challenges exist, the potential for further growth remains significant.
What are the advantages of using online storage rather than DVD?
Online storage offers greater convenience and accessibility, allowing users to access their files from any device with an internet connection, unlike DVDs which require physical access. It also provides automatic backups and version control, reducing the risk of data loss. Additionally, online storage typically has larger capacity limits and can easily be scaled as storage needs grow, whereas DVDs have fixed storage limits. Lastly, online storage facilitates easier sharing and collaboration compared to the physical nature of DVDs.
Legal limits of the amount a landlord could charge for the rental of certain housing units?
rent control
Are there any limits as to what I can keep in a self-storage unit?
Your usually limited to the amount of space that you can have within the unit. This site here will give you a good idea of what your storage unit can hold http://www.articlesbase.com/presentation-articles/basic-information-on-storage-units-933810.html.
Are there Sports Agents in Atlanta?
Actually, Atlanta is the only city in the nation in which sports agents are completely banned. This law was passed in 1947 when a rogue Atlanta Braves agent slaughtered 127 people on Peachtree Street. Since then, the sports agents were considered to be extremely dangerous people, so the profession was banned within the city limits.
What is the Statutes of limitations on a parole violation in South Carolina?
There will be no limits for parole violation. They can charge and arrest you at any time.
