When you don't pay fr your car, they come and take it back.
If they don't pay for the sign, go and get!
[video]www.youtube.com/watch?v=yZfwMXevraU&list=PLF72F8F8658C5707E[/video]
You do realize there are some differences in repo a car don't you?
Typically there is language in the contract that stipulates to that (rather you read the contract or not), you actually signed a document that says that repo'ing can (and will) happen if you are delinquent. I don't see why some are just against adding simple language like that into your contracts (but please avoid the colorful language like "emergency repairs", you might as well not have a repo clause if your going to call it something like that depending on your jurisdiction).
There are certain instances when you have an illegal repossession as well. They have to go through notification process (which actually means notifying you that they will take it after x amount of time, I don't see this one being followed by some in this thread). Sometimes that's up to 20 days after notification to give the customer time to pay
before they can send you a right to cure letter (certified mail) Also, consider, you can't break into someone's garage to take their vehicle (or if it's locked behind a fence etc). In other words, can't commit a crime in order to do the repo. This would be the same if you are trying to take a sign that is considered a part of the property once it's installed.
Quite a lot of recovery agents have been shot legally in the process of repo'ing vehicles (or other items), because they were doing it the illegal way and were caught by the owner.
Oh, since you're in Texas (and I'm a 6th generation native of, although I do live up north now), I thought you would like this:
"Sec. 9.42. DEADLY FORCE TO PROTECT PROPERTY.
A person is justified in using deadly force against another to protect land or tangible, movable property:
(1) if he would be justified in using force against the other under Section 9.41; and
(2) when and to the degree he reasonably believes the deadly force is immediately necessary:
(A) to prevent the other's imminent commission of arson, burglary, robbery, aggravated robbery, theft during the nighttime, or criminal mischief during the nighttime; or
(B) to prevent the other who is fleeing immediately after committing burglary, robbery, aggravated robbery, or
theft during the nighttime from escaping with the property; and
(3) he reasonably believes that:
(A) the land or property cannot be protected or recovered by any other means; or
(B) the use of force other than deadly force to protect or recover the land or property would expose the actor or another to a substantial risk of death or serious bodily injury."
Now, 3A and 3B are what is known as an "or test". All you need is one of those, don't need both. If you do a repo without notification, the debtor has no reason to believe that they will be able to recover their property by other means (such as payment of a debt). I know I'm not going to take the time to stop and ask you if your a recovery agent (or the lender yourself) or the local gang banger while you are making off with my property in the dead of night.
In other words, if you do an illegal repo, you have just handed that debtor 3A to justify them using deadly force. Now, I don't know about other states, but they might have that on the books as well. If "you" are going to do your repo'ing during the same time that common criminals do their thing, you run that risk. I do have to wonder why the night time incursions? If you believe that you are in the right and the law is on your side, not to mention the shock value to that current debtor, but also to your other outstanding ARs out there, why do this at night?