What happens if stolen goods are found in a pawnshop?

Yes, in most cases, you will be able to get your stolen item returned to you without having to pay the pawnbroker for the item. In rare cases, though, and according to the state you are located in, laws may be different, and you may have to pay the pawnbroker the same amount he paid the thief.

Can a pawn shop tell you who pawned an item?

Since over the years, pawn shops have developed a working relationship with local law enforcement agencies and are regulated by state and/or federal laws, pawn shops keep their records and now ask for identification during every transaction whether you’re buying, pawning, or selling an item.

How can I find out if someone pawned my stuff?

Begin calling the pawn shops in your area and inquiring about the merchandise. Ask if an item that matches the description of your stolen item has recently been brought in. If it has, ask if the person knows exactly when the item was brought in.

Are pawn shops confidential?

To prevent these kind of legal issues, pawnshops will not divulge any private customer or transaction information to the public.

What happens if you don’t pay back a pawn?

If you are unable to repay the loan in full when it comes due, you may pay the interest on the loan to keep the account active and renew the loan for another 30 days. You may be charged an additional fee each time you choose to renew. That amount is based on the amount outstanding, not the original loan amount.

How can I find out if someone pawned something?

The only way to potentially get that information is to file a police report if you believe someone has stolen something from you. The investigator(s) will look for it in the database that requires every pawn shop in the state to input every piece of jewelry they buy.

How do I get my stuff back from a pawn shop?

Pay the loan as agreed and on the final payment, you get your item back free and clear. It is important never to borrow more than you really need or more than you believe you can pay back. If the debt is not paid back in the time allotted you may forfeit the item and it can be resold.