Does a repossession agent need to be insured in the state of Connecticut?
Well you will never get any work if you are not insured, atleast do not hold out for ford triad or anybody else , you might get title loan company's but almost all of them require there recovery agents to be insured. but there are no licensing requirments. police departments must be notified after the repossession and some require to notify them before hand
What about reposession in Utah?
When you finance or lease a vehicle, your creditor holds important rights on the vehicle until you've made the last loan payment or fully paid off your lease obligation. These rights are established by the signed contract and by state law. If your payments are late or you default on your contract in any way, your creditor may have the right to repossess your car. Talking with Your Creditor
It is easier to try to prevent a vehicle repossession from taking place than to dispute it afterward. Contact your creditor when you realize you'll be late with a payment. Many creditors will work with you if they believe you'll be able to pay soon, even if slightly late. Sometimes you may be able to negotiate a delay in your payment or a revised schedule of payments. If you reach an agreement to modify your original contract, get it in writing to avoid questions later. Still, your creditor may refuse to accept late payments or make other changes in your contract and may demand that you return the car. By voluntarily agreeing to a repossession, you may reduce your creditor's expenses, which you would be responsible for paying. Remember that even if you return the car voluntarily, you're responsible for paying any deficiency on your credit or lease contract, and your creditor still may report the late payments and/or repossession on your credit report. Seizing the Car
In many states, your creditor has legal authority to seize your vehicle as soon as you default on your loan or lease. Because state laws differ, read your contract to find out what constitutes a "default." In most states, failing to make a payment on time or to meet your other contractual responsibilities are considered defaults. In some states, creditors are allowed on your property to seize your car without letting you know in advance. But creditors aren't usually allowed to "breach the peace" in connection with repossession. In some states, removing your car from a closed garage without your permission may constitute a breach of the peace. Creditors who breach the peace in seizing your car may have to pay you if they harm you or your property. A creditor usually can't keep or sell any personal property found inside. State laws also may require your creditor to use reasonable care to prevent others from removing your property from the repossessed car. If you find that your creditor can't account for articles left in your car, talk to an attorney about whether your state offers a right to compensation. Selling the Car
Once your creditor has repossessed your car, they may decide to sell it in either a public or private sale. In some states, your creditor must let you know what will happen to the car. For example, if a creditor chooses to sell the car at public auction, state law may require that the creditor tells you the date of the sale so that you can attend and participate in the bidding. If the vehicle is to be sold privately, you may have a right to know the date it will be sold. In either of these circumstances, you may be entitled to buy back the vehicle by paying the full amount you owe, plus any expenses connected with its repossession (such as storage and preparation for sale). In some states, the law allows you to reinstate your contract by paying the amount you owe, as well as repossession and related expenses (such as attorney fees). If you reclaim your car, you must make your payments on time and meet the terms of your reinstated or renegotiated contract to avoid another repossession. The creditor must sell a repossessed car in a "commercially reasonable manner" - according to standard custom in a particular business or an established market. The sale price might not be the highest possible price - or even what you may consider a good price. But a sale price far below fair market value may indicate that the sale was not commercially reasonable. Paying the Deficiency
A deficiency is any amount you still owe on your contract after your creditor sells the vehicle and applies the amount received to your unpaid obligation. For example, if you owe $2,500 on the car and your creditor sells the car for $1,500, the deficiency is $1,000 plus any other fees you owe under the contract, such as those related to the repossession and early termination of your lease or early payoff of your financing. In most states, a creditor who has followed the proper procedures for repossession and sale is allowed to sue you for a deficiency judgment to collect the remaining amount owed on your credit or lease contract. Depending on your state's law and other factors, if you are sued for a deficiency judgment, you should be notified of the date of the court hearing. This may be your only opportunity to present any legal defense. If your creditor breached the peace when seizing the vehicle or failed to sell the car in a commercially reasonable manner, you may have a legal defense against a deficiency judgment. An attorney will be able to tell you whether you have grounds to contest a deficiency judgment.
my work truck was repo and i retrived my truck back but my belonging are missing how can i get them back
Some states do not allow a felon to be a repo man. Other states do allow them to be in this position with the correct licensing.
Yes, as long as the repossessor does not commit a "breach of the peace" in doing so. In other words, they can't break into your garage and take it, but if it's just sitting on your driveway or in a parking lot (even if that parking lot is technically "private property" in the sense that it's owned by someone other than the government), too bad for you.
Maryland is infact a southern state, it is the first state of the south as it boarders the mason dixon line and the north begins with penn. As far as the civil war in concerned the state of Maryland was put under marshall law because if Maryland left the union then the capital would be surrounded by the confederates. Many marylanders feld the state and fought for the army of northern Virginia under gen Robert. E Lee and most of the state had southern ties. I also beleave that the state did vote for succeeding from the union but was denied and then put under the marshall law. don't quote me on that one tho. Many people think that Maryland wanted to fight for the Yankees but the truth is the majority of the state wanted to succeed but were denied. Today Maryland is a little bit of both as northerners and southerners have moved here. I don't know why people always say Maryland is a northern state jus listen to the state song " Maryland my Maryland" its about overthrowing Lincoln and fighting for the south. just my 2 cents
Yes, Maryland is considered to be a southern state and it was a southern colony.
How do you find a repo guy to help you reposses your car?
If you are trying to buy a specific car, you can contact the bank or whoever holds the lien on the vehicle for more information. You may also start online with a free directory search for banks and other financial institutions who are selling repossessed cars.
There are also other alternatives. You can go to either offline or online public auctions. Even though these auctions are attended by a high number of car dealers, you can still find very good deals, particularly since you're buying for yourself ( not to resell afterwards ).
Besides public auctions, you might also consider government car auctions. They're repossessed auctions where a government contract was involved in the original purchase. They're pretty safe environments and you can save up to 90% or more by attending the right auction. Just find as many as you can in your area ( so that you increase your chances of finding one with few other bidders ) and familiarize yourself with the local rules and codes. Before bidding, always have the vehicle inspected by a mechanic and get a vehic
What is the law in Washington state to get personal property out of a repossessed car?
When you finance or lease a vehicle, your creditor holds important rights on the vehicle until you've made the last loan payment or fully paid off your lease obligation. These rights are established by the signed contract and by state law. If your payments are late or you default on your contract in any way, your creditor may have the right to repossess your car. Talking with Your Creditor
It is easier to try to prevent a vehicle repossession from taking place than to dispute it afterward. Contact your creditor when you realize you'll be late with a payment. Many creditors will work with you if they believe you'll be able to pay soon, even if slightly late. Sometimes you may be able to negotiate a delay in your payment or a revised schedule of payments. If you reach an agreement to modify your original contract, get it in writing to avoid questions later. Still, your creditor may refuse to accept late payments or make other changes in your contract and may demand that you return the car. By voluntarily agreeing to a repossession, you may reduce your creditor's expenses, which you would be responsible for paying. Remember that even if you return the car voluntarily, you're responsible for paying any deficiency on your credit or lease contract, and your creditor still may report the late payments and/or repossession on your credit report. Seizing the Car
In many states, your creditor has legal authority to seize your vehicle as soon as you default on your loan or lease. Because state laws differ, read your contract to find out what constitutes a "default." In most states, failing to make a payment on time or to meet your other contractual responsibilities are considered defaults. In some states, creditors are allowed on your property to seize your car without letting you know in advance. But creditors aren't usually allowed to "breach the peace" in connection with repossession. In some states, removing your car from a closed garage without your permission may constitute a breach of the peace. Creditors who breach the peace in seizing your car may have to pay you if they harm you or your property. A creditor usually can't keep or sell any personal property found inside. State laws also may require your creditor to use reasonable care to prevent others from removing your property from the repossessed car. If you find that your creditor can't account for articles left in your car, talk to an attorney about whether your state offers a right to compensation. Selling the Car
Once your creditor has repossessed your car, they may decide to sell it in either a public or private sale. In some states, your creditor must let you know what will happen to the car. For example, if a creditor chooses to sell the car at public auction, state law may require that the creditor tells you the date of the sale so that you can attend and participate in the bidding. If the vehicle is to be sold privately, you may have a right to know the date it will be sold. In either of these circumstances, you may be entitled to buy back the vehicle by paying the full amount you owe, plus any expenses connected with its repossession (such as storage and preparation for sale). In some states, the law allows you to reinstate your contract by paying the amount you owe, as well as repossession and related expenses (such as attorney fees). If you reclaim your car, you must make your payments on time and meet the terms of your reinstated or renegotiated contract to avoid another repossession. The creditor must sell a repossessed car in a "commercially reasonable manner" - according to standard custom in a particular business or an established market. The sale price might not be the highest possible price - or even what you may consider a good price. But a sale price far below fair market value may indicate that the sale was not commercially reasonable. Paying the Deficiency
A deficiency is any amount you still owe on your contract after your creditor sells the vehicle and applies the amount received to your unpaid obligation. For example, if you owe $2,500 on the car and your creditor sells the car for $1,500, the deficiency is $1,000 plus any other fees you owe under the contract, such as those related to the repossession and early termination of your lease or early payoff of your financing. In most states, a creditor who has followed the proper procedures for repossession and sale is allowed to sue you for a deficiency judgment to collect the remaining amount owed on your credit or lease contract. Depending on your state's law and other factors, if you are sued for a deficiency judgment, you should be notified of the date of the court hearing. This may be your only opportunity to present any legal defense. If your creditor breached the peace when seizing the vehicle or failed to sell the car in a commercially reasonable manner, you may have a legal defense against a deficiency judgment. An attorney will be able to tell you whether you have grounds to contest a deficiency judgment.
How do you retrieve personal items in a repossed vehicle in the state of Texas?
you should be able to contact the repo company and set up a appointment with no problem,note do this asap as the reo company may charge you a daily storage fee for you personal property due to them having to itemize your belongings and box them.the state of Texas may have a law which requires the repo company to mail you a letter with a list of your blongings,location and phone number of the repo company.make sure when you pick up your property that you check for all your items before you leave the location.
Answeryou should be able to contact the repo company and set up a appointment with no problem,note do this asap as the reo company may charge you a daily storage fee for you personal property due to them having to itemize your belongings and box them.the state of Texas may have a law which requires the repo company to mail you a letter with a list of your blongings,location and phone number of the repo company.make sure when you pick up your property that you check for all your items before you leave the location.What is the state fish of Michigan?
== == == == The trout was designated as the state fish of Michigan in 1965. However, no specific species was chosen at that time. In 1988, the Michigan legislature specified the Brook Trout (Salvelinus fontinalis) as the state fish.
What are the repossession laws in Missouri?
Same as 48 other states. Self help repossession allowed with NO breach of peace. State Law says they have to hold it 10 days before they can sell it. So you have 10 days to redeem. PP is yours, they cant keep that. PP does not include tires ,wheels ,stereos , TVs and other stuff attached to the car. They will charge you about $10-$20 a day for storage of the car if you redeem. Merry Christmas and Happy New Year.
Do they have cars and other vehicles in Japan?
yes they do, just like in all modern industrialized countries.
What are the repossession laws in Florida?
The "rules" are what you agreed to when YOU SIGNED the contract.READ your contract again where it mentions DEFAULT. Rule prolly says that when you are in DEFAULT of the contract that your car can be repoed. That would be ONE DAY LATE. BUT most lenders dont want the car, they want the MONEY sooo they give you all the slack they can before they repo.Sorri, but you are on THIN ice now and its melting FAST. It will be a good idea to get your personal property out nOW before it gets repoed and COSTS you to get it back.
Can unpaid bank loan in Kuwait get you arrested in Dubai?
Absolutely! And they will cut off your head and send it home to your dog.
Yo Dawg whats happenin'
And also Werdd, Buggin, Shaggz,Ima Beast, That's OD
Werd is agreeing with someone. Buggin is like an upgraded word for trippen'. Shaggz means like yea right. Ima Beast means that...I really don't know how to describe that. And OD means Overily Dramatic, or Over Dose
Mad= (very, refer to as alot) I'm mad hungry , It's mad hot outside
Set= (house) Imma be in my set all day
Macking= (To relax or to hangout) I'm macking on 156 street
40= (to go crazy , or be wild) She just went 40 on her man
Jawn= (a female) These jawns are boring
Def= (Definately) Im def going to that party tonight
breeze= (to run away quickly) When I saw my ex, I breezed
the boys= (The police) The boys been scoping us all day
haaaaan= (a sound to show excitment) I got stacks haaaaan !
cuffin= (to date or to be a boyfriend/girlfriend) I'm cuffin with Brianna
I'm from the Bronx so this is some of the slang we use.
Where is the best place to stay in Thailand?
There are many good places to stay in Thailand upon the city that you want to stay (Bangkok, Phuket, Chiangmai, Pattaya, or etc.).
Alternative stays off the beaten tourist track may also be arranged in Thailand, and have the advantage of offering you greater interaction with the locals - as well as accommodation that can be much more attractive and interesting than a standard hotel room.
What are the repossession laws for Texas?
As soon as you see its gone, you have been notified. There is NO notice of repo in TX. Sorri, good try I own a cabinet shop and recently built and installed new kitchen cabinets for a man. He paid half of the money before the cabinets were built, now I have them installed, he keeps finding little things he doesn't like about them. I have done all I can for this man, he just doesn't want to pay what he owes on the cabinets. What are my options as far as repossessing the cabinets if he will not pay me?
Where to get application for oap bus pass in Boston lincolnshire?
Colchester Council, Angel Court, High Street, Colchester
Can they come on private property and repossess your motorcycle?
More Information:
In South Carolina, a self-help reposession is considered "legalized stealking" under the law SIMPLY because someone has a business license. That's ALL that keeps them out of jail. The few laws governing self-help reposessions are willyfully flaunted however.
1)A title loan company must send you a copy of the right to cure letter certified mail and give you 20 days to pay up. They argue that the copy of a right-to-cure at the time of loan closure is sufficient. Alot of law enforcement are ignorant of the law and do not intervene. HOWEVER, most magistrates, if contacted in time, will declare it an improper and illegal action WITHOUT a return receipt from a certified letter. It quite frankly ticks the judge off becaue the lender was too trifling to spend the 5 bux or less to have a certified letter delivered.
2)As far as coming on your property. They can BUT MUST call local law enforcement first to let the authorities know the repo man is "working the area". If they don't, then if caught, they can be arrested for Grand Theft Auto.
3) If you catch a repo man about ready to jerk your out of your yard, you tell him to stop., Inform them this will NOT be a peaceful repossession and call the sherriff/cops/highway patrol. Even if he/she has the car in the air, if it's still on your property, YOU CAN hold them at gun point until the authorities arrive. Be forewarned, most Repo Men/Women carry small 22 revolvers nickamed Repo Man Guns. If he/she gets to the street, it's too late. If you shoot into or even at the tow truck, it's a felony in about all states if in the street.
If and when the law arrives, he/she will inform the repo person (if still on your property) to leave your car alone and to leave the property under order of no trespass. However, law enforcements tells (refer to item two above) the repo rep that he/she COULD be legally SHOT by owner oif car under South Carolina law if law enforecement wasn't notified.
4)If you lock your vehicle behind a fence, they cannot break-and-enter. The lienholder must file for a legal repo with the local courts and have law enforcement serve and confiscate the vehicle.
5)They cannot disturb your property or move another vehicle to get the one in question. Unfortunatley, it's done all-the-time.
6)Reposessions are prohibited on most state property. At the local mental handicapped facility in Laurens, SC, some repo men have been caught by the state police and prosecuted BUT continue to flaunt the law
If your car gets repossed, RUN, don't walk to the local magistrate and have him/her issue a restraining order prohibiting the sale of property until a hearing. Make sure you can prove the certified letter was never sent
Bring all papers showing how much you've already paid vs the principle borrowed. Some magistrats, so PO'ed with the title loan sharks, are ordering the return of the vehicle/title by lienholder simply because the poor borrower has already paid double or triple the initial loan prior to reposession
Make sure you have a complete list ready of any AND ALL personal possessions in car. Lienholderrs are supposed to allow YOU, yourself to retrieve articles but some of the really crooked ones here in South Carolina are sending you a carepackaged of stuff THEY removed, often with valuables missing.
So the answer is, if more people, facing self-help reposessions would 1)Be aware of their rights 2)Took action to force their legislatures to BAN self-help repossessions outright, then noone need get "hurt" in the process. Until that time however, use what means "necessary" to force the lienholder to court including the proper exercise of the 2nd Amendment.
Does the state of Texas allow garnishment of wages for a repossessed vehicle?