Repossession Law Blog
Licensing Requirements for Repossessors
In California, a company needs a “repossession agency” license to locate or recover a vehicle. The licensing is provided by the Bureau of Security and Investigative Services (BSIS), a division of the California Department of Consumer Affairs. Acting as a repossession agency without a license is a crime and grounds for a civil lawsuit in…
Read MoreDenial of The Right to Reinstate
An earlier post details the two rights a California consumer generally has to get his or her car back following repossession or voluntary surrender of a car. To recap, the first right is to “reinstate” the car loan by paying all amounts past due, plus any applicable delinquency charges, collection and repossession costs. The second…
Read MoreRepossessors & The Fair Debt Collection Laws
A repossessor who takes – or attempts to take – property in breach of the peace (e.g., by force or by illegally entering a locked garage) can be sued for violations of the fair debt collection laws. In fact, the repossessor can be sued under both the federal Fair Debt Collection Practices Act and the…
Read MoreRepossessions from Gated & Locked Garages
A repossessor cannot enter a gated and locked garage without permission of the owner of the car or the property, to repossess a car. There’s no exception to this rule. If a repossession agency takes a car under those circumstances, the agency has committed a breach of the peace and the consumer can sue the…
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