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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.
Private companies use vehicle location data for vehicle repossession and consumer profiling. [1] Government databases have been subjected to legal orders for location data. [ 6 ] [ 7 ] Access may be restricted to use in criminal cases, but may also be available for civil cases, such as divorce.
The effects of the coronavirus pandemic have been especially burdensome on auto loans borrowers. Unlike student loans and mortgages, there are no government-backed relief programs to cover a ...
The Florida Department of Highway Safety and Motor Vehicles (FLHSMV) is a statutorily established [1] cabinet agency of Florida government. [2] In 1969, under Governor Claude Kirk, the Department of Motor Vehicles and the Department of Public Safety were merged forming the Department of Highway Safety and Motor Vehicles. [3]
This year, the volume of repossessed vehicles increased slightly to 1.5 percent of secured loans, according to Cox Automotive data. The percentage still remains below pre-pandemic levels but has ...
A man was shot in the 2000 block of Southwest Villanova Road in Port St. Lucie on Jan. 25, 2024, during the attempted repossession of a vehicle, according to the Port St. Lucie Police Department.
Usually, the vehicle owner must be notified of a repossession. The repossession agent will find the car and check its information such as the vehicle identification number (VIN) to make sure they have the right vehicle. If there is a match, they will attempt to hook up the car to the tow truck and tow it away or pick the lock and drive it away.
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