WHERE CAN I GO TO FIND REPOSSESSION LAWS FOR SOUTH CAROLINA? QUESTION: DO LIEN HOLDERS HAVE TO PAY STORAGE FEES WHEN THEY PICK UP THEIR VEHICLES.
by 
Glover
ANSWERS: 2
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Your question is not very clear, but here is my understanding of it (correct me if I am wrong). You are a lien holder who repossessed a vehicle. Except that you did not repossess the vehicle yourself; rather, you paid a repo service to do it for you. You then went to the repo mans lot to pick up the vehicle and they wont give it to you until you pay storage fees. In this case, yes, you do have to pay storage fees. However, most loan agreements contain a clause that makes the debtor (i.e. the person you repoed from) responsible for an costs associated with the repo. If this is the case for you, you still have to pay the storage fees, but can try to collect he costs from the debtor. If the scenario above does not address your situation, I don't know who you would possibly owe storage fees to. Please clarify. Note: This scenario has to do with your contractual rights with the repo service, not necessarily the law pertaining to repossesion.
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Yes the lien holder does have to pay fees. I just had this happen to me not that long ago. For 5 days I had to pay $135. The best web site I found for sc laws for repo was http://www.cpaassociates.com/RepossessionLaws/tabid/234/Default.aspx Hope this helps
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