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by Jack Scotty on April 21st, 2005
No they dont. Banks will hire a recovery agent or a skip tracer to find the vehicle. Sometimes the recovery agent (or repo man) will pay a finder's fee or offer a reward if they are given information that leads to the recovery of the hidden vehicle.
by Anonymous on August 7th, 2006
once--as a recovery agent--I pestered a debtor until he resolved his financial situation with the creditor. I recieved a fee for that. But it was a fraction of what I would have received for recovering the unit.
But not all creditors will pay recovery agents for that.
The debtor was parking the unit in his garage.
If someone gets a duplicate title, then uses the orginal title to get a title loan, can the title company repo it?
by Jessica_C9352 on December 30th, 2010
| 1 person likes this
Surrendering my car. An unfinished project left lots of custom and missing interior parts. No one will buy it as is. What will the bank say?
by MikeMan33 on July 4th, 2010
| 1 person likes this
Is my dealer full of it?
by fargotojudy on July 3rd, 2010
| 1 person likes this
If the balance of a car loan less than 10% owed, mainly their late fees , is written off to bad debt can they still repo the car
by dleigh on October 11th, 2010
| 1 person likes this
can I add auto repo as another service in my self owned auto towing/ transport business, how will the banks contract my services?
by Kimi_M on September 10th, 2010
| 1 person likes this
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Comments
thanks just curious i know of a vehicle thats hiding
by marshal on April 23rd, 2005