Keyword Analysis & Research: repossession

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Frequently Asked Questions

Can police help in repossession?

The repo man is not allowed to ask for police assistance in order to seize your car. Vehicle repossession is a private affair. If police are called in during the act of a repossession, their role is strictly to maintain the peace and order, not to help the repossession agent.

What is repossession insurance?

Repossession insurance is an insurance product designed for people and companies in the repossession business. A person or company who participates in repossessions can obtain insurance to cover the risks that come up in the course of the work. This specialty insurance product is available from a number...

What is a repossession company?

A repossession business is called in by lenders or leasing companies to repossess cars when owners default on their payments, or in the case of renters, when rental cars aren't returned on time.

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