Guest Editorial
As of July 1, 2013, it is officially a crime (third degree felony) for an unlicensed person to pick up a voluntary repossession in the state of Florida (Florida Statute 493.6120). The upshot of this is that it is illegal for an auction or transporter or any other entity to pick up a vehicle from a consumer…by law, has to be done by a state-licensed repossessor.
Is this unfair? Since it’s a voluntary, doesn’t it make sense for an auction or transporter to pick up a proverbial “sitting duck” and save the creditor a little money?
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Illegal for Auctions to Pick Up Voluntary Repossessions in Florida….Is That Fair? – Repossession
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