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    ddwriter's Avatar
    ddwriter Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Aug 6, 2007, 01:12 AM
    Collection agency and vehicle repossesion
    Is there any instance when a collection agency can repossess vehicles?
    SnakeBite's Avatar
    SnakeBite Posts: 68, Reputation: 4
    Junior Member
    		  
    #2

    Aug 6, 2007, 04:19 AM
    Quote Originally Posted by ddwriter
    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's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
    		  
    #3

    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's Avatar
    ballengerb1 Posts: 27,378, Reputation: 2280
    Home Repair & Remodeling Expert
    		  
    #4

    Aug 6, 2007, 09:02 AM
    On a car loan yes but not for an unsecured debt such as credit cards, no.
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