Stay in the Car to Stop Repossession
You may have heard the phrase “position is nine tenths of the law”. This isn’t truer in any other line of work than in the repossession field. When you finance a car it’s is technically owned by the bank. So if they hire a repossession company to repossess their property that is perfectly legal. What falls in the grey area is how the repossession firm decides to take position of your vehicle. Once they’re in the driver’s seat they’ve effectively taken possession of your vehicle. If you stay in the car they will not repossess it. You’ll in essence have just as much “possession” of the car as they do. If you simply refuse to leave the car they can either waste their time trying to convince you to get our or move on to the next repossession and make some money. Who would have thought staying put can actually stop repossession.
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