How Repo Men Find Cars Repossession agents have several ways to locate vehicles, even when the owner skips town. Default by the borrower results in a repossession company—that repossesses the vehicle on behalf of the lender. Because these are some of the aspects by which repo men work in.
Use of Public Information
Repossession agents use public information to find vehicles. These were files on loan applications which usually contain things like a borrower’s home and work addresses. If they do not find the vehicle at those locations, then move their search to other neighborhoods and frequent spots of borrower34
Technological Tools
However, with the advancement in technology available to repossession agents today such as GPS tracking and license plate recognition software this is pretty hard to pull off. It provides tools to identify vehicles quickly and locations so that they cannot be easily hidden or parked in public areas13. If the lender put a GPS tracker in it, example: their own vehicle now has real-time tracking information available.
Legal Boundaries
Repossessors possess a great deal of power, but must also operate within certain legal limitations. The other unusual aspect of repossessing in Texas is that the agents can’t disturb the peace during repossession, so they cannot forcibly enter locked areas or use threats. Borrowers could sue, saying they were considering illegal terms of the credit.25
Knowing these aspects will help one more confidently face the challenges of car repossession in particular.
