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Can you collect a repossession fee if you do not send a pre repossession letter in Maryland?
In Maryland, a repossession fee cannot be collected if a pre repossession letter was not sent to the debtor. The letter is a legal requirement that must be provided before repossession can occur, and failure to send it could invalidate the repossession.
Can an Ohio debt collector garnish your spouses income in Michigan if the debt was originated in Michigan-Are they bound to Ohio law or Michigan law?
The rule is the debt collector is bound by the laws of the state the collection action is being taken in. If the debt collector is not licensed or authorized in that state, it cannot legally act to collect the debt. Check with your state agency that licenses debt collectors. The debt collector can retain a local attorney to collect the debt, of course, and that would be under Michigan Law.
Does Virginia have a peaceful repo law?
Looks to me like it does. Virginia TITLE STATE: Yes SECURITY INTERESTS: Shown on title held by lien holder. LICENSE REGISTRATION: Virginia Department of Motor Vehicles, P.O. Box 27412, Richmond, Virginia 23269-0001. Tel.:(804)367-0063. RECOVERY REQUIREMENT: As per UCC, repossession allowed without committing a breach of the peace. DOCUMENTS REQUIRED FOR PLATES: Remain with debtor. Yes Virginia does have a peaceful repossession law. All repo's are to be completely non confrontational. If you feel as if the debtor is becomeing agitated simply walk away or you leave yourself wide open for a law suit. Just bide your time the opportunity will present itself for you to get the vehicle and to leave them stranded away from home. They're are not only state laws, but federal laws as well. NO ONE CAN "BREACH THE PEACE". aND THAT GOES FOR ALL 50 STATES.
What is the law in Colorado for car repossession?
In Colorado, a lender cannot repossess a car until the borrower is in default, which typically means missing a payment. The lender must provide the borrower with a right to cure notice giving them a chance to catch up on payments before repossession. Repossession agents must also follow regulations including not breaching the peace during the repossession process.
Is it against the law in Oklahoma to hide a vehicle from the repo man?
Yes, it is against the law in Oklahoma to intentionally hide a vehicle from the repo man. Doing so can lead to legal consequences and even criminal charges for obstructing repossession. It is important to comply with the repossession process to avoid legal issues.
What is the law on repossession of property in Michigan?
Self help and you may not breach the peace.
Do you need a repossession license to work for a repossession company in Michigan?
only a drivers license
Can police help the repossession men take your car in Michigan?
Possibly, but they can certainly prevent you from interfering, as it is no longer your car, hence the repossession.
Is a cosigner liable for an automotive repossession in Michigan?
When you cosign for an automobile purchase you are typically liable for an automobile repossession in Michigan. The reason why is because you are responsible for car payments as a cosigner if the primary debtor cannot pay.
Are there any car repo companies in Detroit Michigan?
Yes, there are. Most repossession services are actual towing companies who also do repossession work.
What is Florida repossession law?
on products, not vehicles
What is Michigan lemon law?
a law in Michigan about lemons
Does Michigan have a bullying law?
michigan does not have a bullying law?
Repossession laws on mobile home in Michigan?
In Michigan, repossession laws for mobile homes are governed by both state laws and the terms of the loan or lease agreement. If a borrower defaults on their loan, the lender may initiate repossession, which typically requires following specific legal procedures, including providing notice to the borrower. The lender must also comply with the Michigan Mobile Home Commission Act, which outlines the rights of both parties. It's important for borrowers to understand their rights and seek legal advice if facing repossession.
What is the car repossession law in Arizona?
check with your court house.
If a car is sold after repossession does law state that it must be reported to the bureau as zero balance?
If a car is sold after repossession does the law states that it must be reported to the credit bureau as zero balance?
Where are motorcycle repossession auctions?
all over the U.S but there are some happening in michigan, cedar Right now.
