Success Removing Repos?

[FSBOKing]

Anyone ever have any success removing a REPO? Does it make any difference when they show as a charge-off?

[Trish]

Some people (from other boards I have read) have had luck removing repos....
Personally, it took me 6 years and about 100 disputes to finally get 2 out of 3 CRAs to delete mine.

I'm not going to say it's easy.... but it's possible.
Reporting it as a charge off is the same thing scorewise.. They are both equally as damaging....so, no, it doesn't really make a difference.

[troybliss]

Originally Posted by Trish

Some people (from other boards I have read) have had luck removing repos....
Personally, it took me 6 years and about 100 disputes to finally get 2 out of 3 CRAs to delete mine.

I'm not going to say it's easy.... but it's possible.
Reporting it as a charge off is the same thing scorewise.. They are both equally as damaging....so, no, it doesn't really make a difference.

so, i assume they had sent YOU the correct notices when they repoed your vehicles?

[Trish]

Originally Posted by troybliss

so, i assume they had sent YOU the correct notices when they repoed your vehicles?

No, they did not... which was why my repo was such a battle. I went to court, fought and lost.
Unfortunately, I was not very familiar with court procedures and basically went into it blindly. I really think I should have won but due to my ignorance, I feel as though I lost on technicalities.

So now I chalk it up to experience/lesson learned and hopefully can help others not to make the same mistakes I did.

[troybliss]

Originally Posted by Trish

No, they did not... which was why my repo was such a battle. I went to court, fought and lost.
Unfortunately, I was not very familiar with court procedures and basically went into it blindly. I really think I should have won but due to my ignorance, I feel as though I lost on technicalities.

So now I chalk it up to experience/lesson learned and hopefully can help others not to make the same mistakes I did.

what relief were you asking for? taking it off your reports, or, were you being sued for a balance? also, did a judge or jury make the ruling? the reason im asking is simple: the courts protect banks.

[Trish]

Originally Posted by troybliss

what relief were you asking for? taking it off your reports, or, were you being sued for a balance? also, did a judge or jury make the ruling? the reason im asking is simple: the courts protect banks.

I was asking for relief from the debt completely (they were suing me for a little over 6K)...... with my defense being that no deficiency was due since the repo was not done in a commercially reasonable manner because the required notices were not sent. It was Ford (the OC) that did the improper repo... but this was a CA that was suing me.

It was a judge that made the ruling. I even filed an appeal... no luck. After court costs and interest... it ended up being about 8K.

[troybliss]

Originally Posted by Trish

I was asking for relief from the debt completely (they were suing me for a little over 6K)...... with my defense being that no deficiency was due since the repo was not done in a commercially reasonable manner because the required notices were not sent. It was Ford (the OC) that did the improper repo... but this was a CA that was suing me.

It was a judge that made the ruling. I even filed an appeal... no luck. After court costs and interest... it ended up being about 8K.

ok, thats what i thought. the courts back banks all day all the time when it comes to COLLECTING DEBT. now, if the issue had of been just removing the debt from the credit report, you wouldve stood a better chance, and if you had paid into their club (hired a attorney to represent you), your chances wouldve increased more, and if you had a jury trail, it increases that much more. you had every against you. it has NOTHING to do with knowing the law, everything to do with politics, the judges back the banks when it comes to money.

[Trish]

What really irritated me was I called several different attys and ALL of the kept saying I really didn't have a chance..... that this was a "written contract" therefore I had to go by the written contract SOL..

I argued with all of them that this fell under the UCC SOL but more importantly the repo was not done in a commercially reasonable manner. I got nowhere with them.....and said screw it.......I'll do it on my own.

The biggest mistakes I made were not understanding/following the court procedures correctly, deadlines, forms that needed to be included........ that I should have filed an affidavit stating that I did not receive the proper notices. That's what I mean by technicalities. Stupid mistakes like that. :rolleyes:

OH and you NEVER listen to the clerks..... they have NO clue. I took advice from them several times... and got totally screwed.

[troybliss]

Originally Posted by Trish

What really irritated me was I called several different attys and ALL of the kept saying I really didn't have a chance..... that this was a "written contract" therefore I had to go by the written contract SOL..

I argued with all of them that this fell under the UCC SOL but more importantly the repo was not done in a commercially reasonable manner. I got nowhere with them.....and said screw it.......I'll do it on my own.

The biggest mistakes I made were not understanding/following the court procedures correctly, deadlines, forms that needed to be included........ that I should have filed an affidavit stating that I did not receive the proper notices. That's what I mean by technicalities. Stupid mistakes like that. :rolleyes:

OH and you NEVER listen to the clerks..... they have NO clue. I took advice from them several times... and got totally screwed.

there are attorneys that specialize in repos. i dont know if you contacted one or not. anyway, i asked these questions because i didnt wanna waste my time sueing the creditors in my situation because of their failure to send me notices. i thought about doing this: saving up some money and putting 50 percent down on a cheap car. i was told by several dealers that they have subprime lenders who will finance a vehicle with 50 percent down in my situation (2 repos on credit reports). pay that loan off after at least a year of payments, THEN, they say the banks will talk to me again about a bigger auto loan. they say thats the best way for me to go, soo, i thought about disputing the repos one more time, if they stay on there, fine, just rebuild my car credit and go from there. im being greedy anyway, i have 2 vehicles now, lol, just wanna still rebuild my credit for down the road, lol. ( paid cash for one of them, private party financing on the other). the only other thing i need credit for is a mortgage, but im thinking about just buying a real small house, paying cash or owner financing. there are ways around those pesky credit bureaus.

[Trish]

Yeah.. I know, but there were no such "specialists" in my area.
You don't have to sue them to try and get them off of your reports. Did you see the letters by whychat that I posted in a couple of other repo threads? They are letters specifically for removing repos.