Learning about Towing Services

Answering The Hardcore Questions Concerning Car Repossession

Whether you are at home, work, or at the grocery, seeing a tow truck pull up and hook up to your vehicle can be a disconcerting situation to say the least. Any time that you see a towing service try to take a vehicle, they have either been hired to move your vehicle or you have become a potential candidate for car repossession. Before you lose your cool and run out in the street to confront a tow truck driver who is only doing his job, make sure you know the answers to the questions you have on your mind.

Is it better to try and work with the tow truck driver or the institution that ordered the repossession?

The driver who arrives to hook up your vehicle and tow it away is a hired agent and does not know the details of your financial status with the institution that financed your car. Therefore, there is little they can do if you want to make a payment or mend the situation. It is always best to try to work something out with the loan carrier.

Can you retrieve your items before your car is towed away?

In most cases, you will be allowed to clean out personal items from your vehicle before it is hauled away. Tow truck drivers that are hired by banks and finance companies to repossess do understand the importance of the items you keep in your vehicle, and most will work with you to make sure you get what you need before they leave. In the event you are not given a chance to get your items, the financial institution does have a legal obligation to return your property.

If you show proof that payments are made, can the driver still take your vehicle?

Even if you show proof that you are up to date on all of your payments, the repossession agent may still be able to retrieve your car. Late payments may be the most typical reason a car is repossessed, but there can be other issues as well. For example, if you are required to carry full-coverage insurance and there has been a lapse in coverage, a financial institution may have grounds to take back their car.

It is never easy to see something you feel is yours taken away. This is why car repossession is such a touch situation. If you believe you could be a candidate for repossession, it is always best to try and avoid the situation altogether by talking things over with the creditor. Talk to experts like Tri City Towing And Recovery, for more information.