Repossession

You must complete a course certified by the Department of Education for the State of New York. You must have a ground plan of the following: Insurance for your repo-company You should also look into how your going to obtain the property in which you want to collect: Q; do you have a tow truck for Cars, etc.? Plan ahead before your grand opening, make sure that everything is final and that your actually ready to proceed with your business in the Repo-Field.

The towing company (contractor) is responsible for any damage it causes while removing a car from a public street, and the municipality may have liability if it has its own employees tow vehicles, rather than a contractor.

You may also find a sign on private property that says, "Unauthorized vehicles towed at owner's risk and expense." Oddly enough, this means what it says, and you have "assumed the risk" of damage and agreed to pay the reasonable expenses of towing (and storage) when you trespassed on such a parking spot.

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.

Oregon Route 140

to file a lien on a truck all you have to do is take all of you reciepts and your labor bill on the repairs that you have done to the court house . to the clerks office tell them you want to put a lien on this vehicle for the cost of repairs and labor it will cost you some filing fees but that's it . just make sure you have make and model of truck VIN number and who ownes there information like address , phone , names first and last, . and then they file it and the owner gets served the lien papers . that it

You cannot return the car. The Buyer's Remorse law does not apply to vehicles. It only applies to unsolicited sales.

different states have different laws... and they vary greatly. did he cut the lock off? in my state repo men can't come onto private property to repo a vehicle. in most states if someone cuts the lock off your gate and takes your car... i guess that's break in and entry/trespassing/grand theft auto. i would be suprised if a state would allow a repo man to destroy your property(lock/gate) in order to repo it. if you have a lawyer... why aren't you asking him? the easiest way is to call the police and ask them... but they may not tell you everything... or they might not even know... good luck.

I don't know this for sure but "way back when" all one had to do was know how to drive any vehicle-- now I would say if you know how to drive and use a tow-truck -- you already are on the plus side when looking for employment as a collector/repossessor. If you are looking to do this on your own, I would say get a collection job first and learn what is needed as each state laws are different.

as few as 15 minutes. As soon as he can get it off the printer and into his truck. Many have fax machines in the truck so it can be very quick

The Phoenicians existed from about 1550 BC to the rise of Alexander in 330 BC.

not born yet

The lender has the right to initiate forclosure proceedings. A chapt. 13 does not restrict the rights of a secured ldender.

CHECK THE LOAN PAPERS. SOME 30 DAYS SOME ARE LONGER. IT ALL DEPENDS ON YOUR LOAN.

it would be listed on the title

VERY likely, YES. Type of repo doesnt matter. Read your contract as to what states laws goven collection activities. The l2 links below will give you more info.

http://www.georgia.gov/00/home/0,2125,4802,00.html

http://www.weblocator.com/attorney/fl/law/conspro.html

You are probably still liable for the 1 year outstanding on the lease since you agreed to pay the specified amount when you signed your contract. You will most likely have to make the rest of your payments or roll the additional cost into your new loan. You should check with the bank you intend to get your new loan from though...

California

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Yup!

If they sell the car and don't get what you owe, any income you receive can be considered viable income to pay off the difference on your loan plus any penalties or fees. Even social security and Disability

That answer will vary from state to state. In California, you can collect 10% per year on the oustanding balance. You take 10% of the outstanding judgment and divided that number by 365 to obtain the daily rate of interest. Multiply the number of days since the entry of judgment. Payments are applied to interest first and then to the principle. The interest is not capitalized.

Write them I owe you. Ressecion eating me more than your payment.

because you never really know what you have until its gone if you still love her tell her she might love you its going to take time but trust me its worth the wait very nicely put. Best wishes

A death warrant signed by the Governor or President, which can only be signed for the execution of a condemned person (a person who has been sentenced to death by a trial judge ).

As we are apparently International, I would venture to say that a Fatwa issued by a senior Ayatollah is far more serious. It certainly scared the pants off Salman Rushdie.

Answer to help get around and to make things faster for everyone

there might be many reasons that cars were invented, to make things faster, to transport things further, or to kill the environment faster, people make things for all sorts of stupid reasons