View Full Version : Collection agency and vehicle repossesion
ddwriter
Aug 6, 2007, 01:12 AM
Is there any instance when a collection agency can repossess vehicles?
SnakeBite
Aug 6, 2007, 04:19 AM
Is there any instance when a collection agency can repossess vehicles?
What is the collection agency trying to collect from. A car payment? If so, yes!
If its another debt like a credit card, you would have to be sued by them and a judgment entered against you first. Then the answer would be yes...
ScottGem
Aug 6, 2007, 06:21 AM
Generally, an unsecured debt is limited as to the assets they can seize. It varies from place to place according to local laws. Its possible, but unlikely.
ballengerb1
Aug 6, 2007, 09:02 AM
On a car loan yes but not for an unsecured debt such as credit cards, no.