Most of today’s vehicles are financed or leased by individuals or companies. The individual or company will work out an agreement with a bank or other lender / lessor and then make monthly payments and pay interest.
The credit lessor holds a lien on the vehicle until the final payment or until the end of the term. Lien is a legal term that gives lenders the right to take possession of the vehicle if certain conditions are not met, such as monthly payments.
What is vehicle security?
Another type of vehicle security is the repossession of business and rental cars. Vehicles of all kinds that have been handed over to employees or to tenants by rental companies are returned to the owner if they are refused.
In such or similar cases, our specially trained detectives determine the whereabouts of the vehicle and return it to its rightful owner.
Our detective agency ensures that the customer has a lien on the vehicle or is the rightful owner of the vehicle and gives him the right to take possession of it. As soon as our detective agency has found the vehicle, we check the vehicle identification number or chassis number to make sure that it is the correct vehicle. The detective employed informs the local police about the withdrawal of the vehicle. This allows the police to explain what happened when the previous driver calls the police to report a stolen vehicle.
Who will pay the costs of the investigation?
According to the judgment of the Federal Court of Justice, the detective costs incurred for the investigation, are part of the legal costs, which in the event of a dispute, the losing party, under the condition that the detective work was necessary for the enforcement of the law, with reference to a specific suspicion. This applies to both the economic and the private sector.
This means: The detective agency proves that a criminal offense or misdemeanor was committed by the opposing party during the investigation and surveillance. In this case the losing party has to reimburse the detective costs.
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