How Do You Become A Repo Man In California?
Becoming a repo man in California can be a very successful venture, especially in a struggling economy. Since many debtors are struggling to make payments, creditors are looking for someone to repossess the items secured under the debt. It’s important to note, however, that if you plan to do business in the as a repo man, state law requires you to register your services as a business entity with the State of California. The California Secretary of State’s website recommends creating a business plan before doing anything else so that you have a full understanding of your business structure and goals. Visit the Resources link below for guidelines on this process. Determine the type of business entity you will use for your services as a California repo man. The California Secretary of State lists available options as a corporation, limited liability company, limited partnership, general partnership, limited liability partnership and sole proprietorship. You can find more information on ea
