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What are the laws on Repossession breaking and entering?
Repossession agents can enter a property to repossess an item if they have permission to do so or if the property is not under the control of the owner. They are not allowed to engage in breaking and entering to repossess an item. If a repossession agent unlawfully enters a property, they can face legal consequences.
What happens to your license plates after repossession in NY?
what happens to your liscense plates after reposesion in N.Y.
Who is responsible for damage to the yard during a repossession in Florida?
The LIENHOLDER is ultimately responsible for anything that happens during a self help repossession.
What happens after a repossession?
After a repossession, you will need to pay a fine usually. For example, if this was a car being repossessed, you would have to pay a certain amount to get it back.
Does repossession show on your credit report as soon as the car is taken or after it is auctioned?
It can show at any time. A repossession is compleated as soon as the car is picked up so it does not matter what happens after the repossession it still did happen.
What happens if you hide a vehicle from repossession in colorado?
You are guilty of grand theft auto.
Can a vehicle repossession agent take another car if the original is no longer available?
No.
Can a lender garnish wages after repossession in North Carolina?
Yes a lender can garnish your wages after a repossession. If the resell value of the item does not cover the cost needed to repay the lender, you are still responsible for paying the balance.
What happens if you hide your car from repossession in Iowa?
Eventually you will be court orderded to give up your car, and plus with a repossession, you will ruin your credit report and they will do a wage garnishment eventually.
Is there a national repossession list?
There is not a national repossession list available. Many banks do have lists of vehicles that have been repossessed. These lists are made with the hopes of reselling these vehicles.?æ
Are lists available to the public of vehicles that are wanted for repossession?
NO, that would violate your right to privacy.
What is a ten day demand letter in repossession?
You have ten days to bring your account current or action to repossess the item will begin.
