Get Motor Vehicle Repossession

Called the Digital Recognition Network, the database is crowdsourced by hundreds of repo men across the country. They have installed cameras in their vehicles that passively scan, capture and upload to the database the plates of every car they drive by. To date, there are 9 billion images in the database.

Question: Can I Go To Jail For Hiding My Car From Repo Man?? A repo man can't send you to prison. This is a civil matter, not a criminal one. You won't go to prison for not missing your car payments or for trying peacefully to stop the repossession.

It typically occurs after a delay in your auto or car loan payments. Depending on the contract, your lender may be able to start the repossession process after the first missed payment. Other times a lender will let up to 90 days pass before beginning the repo process.

Most lenders do not wish to repossess your vehicle and will allow a grace period, in case a check was late in the mail etc., including Capital One, however it is important to communicate with Capital One when you plan on making the payment to get your account current, as at this point you have two payments due.

If an auto lender hires a repossession agency to take back your vehicle, the company's goal is to locate your car, remove it to a tow lot and hold it, generally for 30 days.

For hidden cars and even for some vehicles parked at great distances from a subject's typical haunts, a repo agent might use an electronic detector to track down a vehicle for repossession. These days, many lenders require that all new vehicles be equipped with such devices.

Redeem the car or reinstate the loan (if allowed in your state or by contract). ... Wait until the sale and attempt to bid on the car at auction. Negotiate with the with the creditor to try to get the car back.

In most cases, once the car is repossessed, the lender will sell it either at auction or through a private sale, often to a used car dealer.

If an auto lender hires a repossession agency to take back your vehicle, the company's goal is to locate your car, remove it to a tow lot and hold it, generally for 30 days.