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Repossession

Seizure of property bought on credit for which loan payments are not being received. Please note that when asking a car repossession question, it is often useful to include the state that you live in. This will enable people to give you better answers.

11,694 Questions

Can a repo man enter a property like a garage an still take your car?

Not legally, its private property. They still will thou. If you can lock it from the inside most wont destroy property. If its unlocked say goodbye to your car. Even if the side door is unlocked they can go in and unlock it.

How many cars have ever been made?

About 603,000,000,007 (billion) up to April 8 2011

What can one do while waiting for a 4 hour car repair?

While waiting for your car to be repaired, one can read or phone a friend and go out to lunch.

TV's Operacion Repo is fake?

this show is obviously fake, no one ever gets hurt in the fights and notice when the police show up they have no patches on their sleeves that show a city and one of the cops was wearing a black police shirt with a fake badge and jeans and cowboy boots. Notice the police cars only say "police" on the side. This is so staged

What is an organizational buyer?

Businesses, government agencies, and other institutions buy products and services to maintain their organizations and achieve their organizational objectives. Organizational buyers buy goods and services in order to produce other goods and services for sale.

What are your rights for buying back a repossessed vehicle?

It varies by state and by the company. Go back and read through your contracts. Usually you have to do it within 30 days. Some companies will let you catch up the payments, plus a repo fee and let you have the car back. I've also seen them tell a customer that they would have to pay the car in full to get it back. Good luck!

Can you remove factory equipment from a vehicle when it is getting repo?

That's a touchy situation. Chances are (depending on the finance co.) you will end up paying for the car anyway. If you rob parts off of the vehicle, it will bring less money at the auction, and you will have to pay the difference.

Heres how it works. You signed contracts saying you would pay the car in full. These bigger dealerships and finance companies will repo your car when you don't pay up. It varries by state, but in most states there is a law that says the company HAS to take the car to auction to try to recover their money. In almost all cases, the buyer is so upside down when they buy the car, that there is no way anyone at a dealer auction will pay what is owed for the car. Say you owe $7000 on the vehicle, it may only be worth $3000 at auction. They will come after you for the other $4000. I see this happen everyday. Also, alot of times the dealer/finance company will put such a high reserve on the car that they will get it back, and come after you for the entire amount. And if they happen to have a sister company (like the dealer I work for) the sister company will buy the car back dirt cheap, and they come after you for the balance.Yes, some how its legal! Good luck!

Where to send payments?

Talk to your finance company they will be able to tell you

Trevor Ternent

T&T Towing and Recovery

Winnipeg

Who drove the first car?

Karl Benz demonstrated the first gasoline car powered by an internal-combustion engine in Mannheim, Germany, on 3 July 1886.

Can you strip a car before repossession?

You can, but its not a good idea. That will be classified as theft from the company, and they will then reposses your stuff to make up for the lost things from the car.

An example of unsolicited?

Because of the annoying and unsolicited phonecalls we get from telemarkerters, my mom put our number on the "do not call list".

Can i repo my vehicle back from someone who did not pay?

yes if they have not got the viechel in there name if so ur stuck but not there name get a court order if they dont give u it back get the cops to arest them

What was the first steam train for passengers?

the local motive was the first public railway steam train made by George Stephenson in Stockton and Darlington

How are cars damaging the earth?

well there damaging the earth by all the gas, we need to start making electric cars even though there r some electric cars already!!

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