Repossession

1. Eat nutritious food and drink water (or unsweetened tea or coffee) instead of junk food like sodas and energy drinks and candy and chips and pizza
2. Get at least 30 minutes of good, hard exercise at least five days per week
3. Get enough sleep - kids need 10-12 hours every night and adults need 6-8 hours

Usually about 3-5% of their players salary.

In most cases, yes.

All SS, RRB, government, military and most private pensions are exempt from garnishment action for creditor debt. The debtor must be cautious in how the funds are placed in a bank account to avoid a levy of said account. The safest method is by direct deposit to the account and no commingling of account funds.

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co-signors are required of anyone of any age who does NOT meet the credit requirements of the entity extending credit. doesnt have to be parents, that's just where kids normally go first. LOL

No you are not required to cosign for anything for anyone, not even your own child after the age of 18.

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The most common type of repossession notice when a person has not been making loan payments for a car or truck. If the lender does not receive payments, the vehicle may be towed away.

Laws vary by jurisdiction... they can never force their way into a locked building, enter any vehicle other than the one they're repossessing, or open a locked gate... in most jurisdictions, they can open an unlocked gate, so long as they do it within the laws requiring peaceful repossession.

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They'll typically keep looking. Thing of it is, if someone's going to be so intent in trying to hold onto a vehicle, they don't do it because they want to just leave it sitting and not use it at all. They're going to drive it sooner or later. Which, dependent on the effort and resources the lienholder is willing to put into stalking the vehicle out, may lead to us either waiting for the lessee to get cocky thinking they're out of the woods (which they all do, eventually) or they can have us file a stolen property report (a bit less desirable of an option for the lienholder), or they can take the lessee to court. If they're trying to collect your 15 year-old Escort that you owe a couple thousand on, they'll probably just hit your credit report and make it difficult for you to take out a loan in the future. There comes a point when collecting what they're owed just isn't worth the hardships of collecting it.

Yes, you are still responsible for the loan no matter what happens to the car, hopefully the insurance payout covers what you still owe on it.

They have a vested interest in the vehicle. Their lien can prevent you from registering the vehicle.

To become an auto repo agent in Iowa, you typically need to obtain a high school diploma or equivalent and gain experience in the finance or automotive industry. Additionally, you may need to acquire a private investigator license, as repossession often falls under this category in Iowa. It's also beneficial to complete a repossession training program to understand the legalities and techniques involved in the process. Finally, securing employment with a repossession agency or establishing your own business can help you get started in this field.

When a car is up to be repossessed, the repossessor can take it from wherever he or she finds it: your home or your driveway, job or church parking lot, friend's, relatives, shopping mall parking lot, street parking, or wherever they catch you out of the car. In most states, they cannot break into a garage but they can take the car if the garage door is up. They can take it even if you try to hide it. It's far better to call your creditor and work out paying your missed payments.

Ones on which the owners are late on the payments. :-)

A car that is actually YOURS cannot be repossessed, as it's paid off. If you have a vehicle being repossessed, they're able to do this because it's actually the finance company which owns that vehicle and possesses their title. A recovery agent can, on behalf of the lienholder, go onto private property in order to recover the lienholder's property - with limitations. They cannot cross a locked gate, and they cannot enter a locked building.

They don't charge you to get your personal belongings back... they charge you a "storage fee" for the time they stored your personal belongings. And yes, they can do that.

Yes you do. They repossess the car and then sell the car. You are responsible for the difference in what the car sells for and what you owe on the car. You will also pay any fees associated with the repossession. Let's say you owe $10,000 on the car and the sell the car for $8,000. You will then owe $2,000 plus repossession fees that can fund into as much as $500 or more depending on how much effort is required to find and repossess the car.

Once they have the vehicle, they can do what they want with it. Making it immobile so that it can't be stolen seems prudent.

Continue to call them and work out a settlement. Most likely they won't pick up the car if you are in a different state than the Lien holder. They don't want the car they want the money. It will cost them more to pick it up and resale it, than for them to just work out a new payment plan for the remaining balance.

It may be Boyle's law, but there is not enough context in the question to be sure.