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Do you mean what method do they use to obtain it? As in how do they pick it up? If that is what you meant it depends. Some companies use a tow truck either a flat bed, or a regular tow truck and sling the bike. But most companies get keys for the bike and just ride it away. They obtain the keys from various means usually with the help of the lender.
What else can I help you with?
Can a motorcycle be repossessed if you cant afford the payments?
Of course.
Can a motorcycle purchased on credit card be repossessed?
A motorcycle that was paid for on a credit card can not be repossessed considering the credit card company paid the dealer. You must pay the card company back though or they can take you to court.
If the creditors repossessed a motorcycle and then DID NOT sell it at an auction do you still owe?
No you don't still owe; once the motorcycle has been repossessed, it is no longer your concern. Whether the creditor sells it or fails to sell it is the creditor's problem, not yours.
What happens if they can't find the motorcycle to be repossessed?
Edit: They should replace it. Original: you win.
Can your motorcycle be repossessed if it has a lock and chain on it?
Certainly. This happens quite often. Repossession agents have the means to pick the motorcycle up and place it safely on a flatbed.
If you break up with your boyfriend can you have his motorcycle repossessed if your name is one the title?
Is his name on the title also?
What happens to a person if they hide motorcycle that is being repossessed?
Nothing will happen to a person if they hid a motorcycle that is being repossessed. Eventually, the company that is trying to repossess will either give up or find you. They will use all tools at their disposal depending how much is owed at the time.
If someone has a motorcycle in their name but someone has the property and is behind on payments can the motorcycle be voluntary repossessed by the main name even though someone else has the property?
Yes it can.
If you buy a motorcycle that has a lien on it from the Royal Bank of Canada through the previous owner can the bike be repossessed from you?
yes,
Motorcycle sale private parties repossessed early two days after last payment what are your options?
Court?
The bank repossessed your motorcycle what will you still have to pay?
the bank will sell the motorcycle normally at auction what ever it sells for is taken of what is owed and you pay that balance if it makes more then is owed a refund is payed
If I missed five payments on a motorcycle can I pay them late and avoid repossession?
Up until the time that your motorcycle is actually repossessed, the dealer will be happy to receive your payments, even if they are late, and will allow you to keep the motorcycle. But if you wait too long the repossession will happen.
