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The law says the lender cant keep your PP so they have to get it out to return it to you. If the lender sold your repoed car with your PP in it it, that would be "conversion" of your property. My car wasn't sold and I did get it back but I don't understand what right they had going through my car and trunk the very first day and leaving my registration and insurance card thrown on the floor. When I asked them about it, they said they were looking for weapons or drugs. Isn't it bad enough that they took my car at 11:50 pm and charged me $35.00 for an entire day of storage on top of the $350.00 repo fee? I feel that this was a violation of my privacy. In most states they are REQUIRED to go through your car, inventory and remove the personal property, and store it in a secure place. Not until your 10 days have past to "redeem" your car if you are in one of those states. In some states, that right to redeem is a "right to cure" period of 20 days BEFORE it is repossessed.
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∙ 19y ago
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Can repo agents bring notes to your employer?
No because your Employer is dead. I killed him.
What is the average salary for a repo man?
I'm in NJ and pay 100 per repo, 50 for vol, I also pay close fees to my agents
Are badges required by repo agents?
not at all somtimes its better too use one as intemedation
Is it true that in Texas if they come to repo your car you can tell them to drop it and they have to leave?
YES, it is true in ANY state EXCEPT CA and FL.,there if its on the hook or in the agents control, its a repo.
Can a repo person come into your closed garage and get the car?
NO. Have him arrested if he did that. _____ Sue the lender/bank do not waste your time with the Repo guys; they are agents of the bank so the bank is responsible for their conduct.
Is there a repo man's law book for Ohio for their rights?
Ohio does not licsense recovery agents as a profession. See
Do you have a right to be at the repo auction in Florida?
no.
Is reinstatement a right in Oregon for car repo?
No
How do you become certified for auto repo in ny?
As a nyc repo man myself there really aren't any certificates for repo agents, If you use a tow truck then you need a cdl lic. If you are just an investigator no other license other than a NYS Drivers license is needed
What can police do if an unlawful repo is reported to them?
An unlawful repo is a theft. Hence it would be handled as such. But most repo companies have the documentation to show they have the right, whether you feel so or not, to take possession of the vehicle. In fact, in most jurisdicitions they advise the police of it before, or right after, attempting the repo. What good would an unlawful repo do someone...they couldn't get title?
Is it true repo agents must verify VIN before taking the vehicle?
Yes, it is true that repossession agents must verify VINs before taking a vehicle. They have to be certain that they have the correct vehicle.
Why rbi increases or decreases repo rate and reverse repo rate?
through this rbi controls inflation and deflation.
