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Deals on vehicles and jewelry through a U.S. government auction website were a steal in more ways than one: An Oklahoma man pleaded guilty to hacking a website to buy the items for $1 each ...
Vehicle immobilization is a key part of the act of impounding.. Vehicle impoundment is the legal process of placing a vehicle into an impoundment lot or tow yard, [1] which is a holding place for cars until they are placed back in the control of the owner, recycled for their metal, stripped of their parts at a wrecking yard or auctioned off for the benefit of the impounding agency.
Various objects can be repossessed, including boats and aircraft, but most repossession agencies focus on car repossession. The repo agent normally uses a tow truck or pickup truck with a special towing attachment called a boom. They also may obtain the key from the car owner. Usually, the vehicle owner must be notified of a repossession.
Oklahoma had become a state on wheels, although the roads those wheels were rolling over were designed for horse and buggy travel. One clear indication of the arrival of the automobile age in Oklahoma was the shocking number of people killed in vehicular accidents - about five hundred a year by the mid-1920s.
The first-ever sheriff's online auction of foreclosed properties launches Tuesday, with two homes offered in Oklahoma City. The auction will be from 10 a.m to noon, according to Bid4Assets, an ...
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