Legal Question in Credit and Debt Law in Florida
repossion
what do i expect on a repossion of a motorcylce whats the law on the repossen fee the company said i have to pay 25o.oo fee when they come and pick up the bike please respond thank you
Asked on 11/29/06, 5:57 pm
1 Answer from Attorneys
Barry Kaufman
The Law Office of Barry W. Kaufman
Re: repossion
Under the terms of most vehicle loans, the buyer is responsible for all costs of collection, to include all costs of repossession. You might be able to save yourself the fee if you bring the motorcycle in, rather than making them send a repo man to get it. Call your lender to see if you can do this.
Answered on 11/30/06, 6:38 am
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