Repossession

The lender may garnish your wages for a judgment against a debt in Illinois, even after repossession.

When the vehicle is recovered, it is taken to a lot, inventoried, and eventually taken to auction. The amount received at auction is applied to the amount owed, including repo fees and collection fees. In the event the lender obtained a judgment against you for the unpaid balance, they have 10 years from the date the auction proceeds were applied to the loan. If there is no judgment, they have 7 years.

Repossession agents are not typically paid a salary, nor are they typically paid hourly. Repossession is a per unit business. That is, the repo man is paid by the vehicles he recovers. Amounts vary by the individual business.

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Yes, under certain circumstances known as replevin, whereby a party is simply gaining possession of an item that belongs to them. Be careful, however, as one cannot lawfully break into a shop or scale a fence to remove a vehicle. If a vehicle is standing out in the open-parked on a lot of a service station or repair shop-and one has the keys it could be taken under replevin. Bear in mind, however, that the business will likely be able to place a mechanics lien or file a lawsuit to obtain money or payment for their services. I would also be certain to have the registration for the vehicle in your possession in case the police are called. The police will not arrest you for taking your own car, but if there is suspicion that you are doing otherwise, be prepared to offer an explanation and to be delayed by them for a time.

call somebody

broke window and jump in

no it can't

Well to put it simply..... YES

You are committing a crime if you knew the car not to be stolen.

No.

Yes they can but if they start harrassing you after you ask them to leave and they dont leave you can either call security and have 'em escorted out or you can call the police and they will make him leave, now if you are hiding the car on purpose it is a felony in some states so be careful what you say :-) the police are there to help you so dont be afraid to stand up for yourself :-)

Typically it takes up to 5 months of no Payments for Capital One Auto Finance to decide to repo. Whether its the same of home and other Finances I do not know however, when the 5 month mark hits, they will begin paperwork and by the 6th month you will have your possessions taken.

Longest car chase: German bank robbers were pursued for 620 miles, through several countries, before Ukrainian police caught them.

Depends on who's car it is

It can be. but generally wont be unless its your first payment.

It's not really clear what you mean by "out of repossession". Repossession is an event, not a condition. If you're asking if you can get it back after it's been repossessed, it's at least theoretically possible if you act quickly enough; you should contact the leasing agency and find out what you need to do. At minimum, you should expect to have to bring the payments current and pay the repossession expenses; you may also be asked to provide a deposit against future defaults.

Put key in, start car & drive away.

You can repo your own car but you cant start a business without a license.

Depends on how the gun is carried, and what type of gun. You need to give us some information to get a meaningful answer. Every 18 yr old that goes deer hunting "carries" a gun in their vehicle.

too late now. You must put yourself down BEFORE you lend them money. Or go with them to the DMV and have them allow you to be put on after the fact. You cant do it without their permission.

Yes. he cannot break & enter though.

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