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Yes, if you took a loan out and used your car as collaterol, then it can be taken away. If you own the title free and clear, then it cannot be taken from you. Only if you owe money on it or the previous owner owes money on it. If the previous owner has an outstanding debt on the car and sells it to you without you knowing about the debt then the car can still be repo'd.
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∙ 18y ago
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Can a car be repossessed with title and no lien on it?
no
Can your car be repossessed if there is no lien holder on title?
no
Can your car be repossessed on a title loan after gone into collections?
Yes, your car can be repossessed if the title loan is in collections. Actually, this is one of the most common ways for a defaulted title loan to be settled.
Can a car be repossessed if there is a lien holder on title but there is no actual loan?
hi
After you buy a repossessed car does it stay marked as repossessed as long as it is driven even though it is paid off?
The car isn't damaged, the debtor's credit rating is. There is no permanent record of the car as a repossessed vehicle like there is for a salvaged title.
What can you do if you have a clear title and your car gets repossessed?
If you have a clear title, you car can't be repossessed. Either the title isn't clear or the leinholder believes monies are still owed on the car. If the title is clear, show it to the company authorizing the repossession. If you truly had clear title and there were no leins or other encumberances and a judge didn't declare that the car was to be sold to satisfy OTHER debts, you can sue for damages. If you didn't owe money to the people who had the car repossessed, you should be able to sue them for LOTSA BUCKS, and you definitely should.
What can happen if you don't pay a title loan and you still have the car?
The vehicle can be repossessed.
Can your car be repo'ed if you have the title?
IF your vehicle is collateral for loan in DEFAULT, it CAN be repoed.
Does a person who shares the title on a car but who is not on the loan have any legal responsibilities if the car is repossessed?
NONE on the loan.
If you are late on your car payment can they repossess it even if neither you nor the loan company has a title?
Yes it's their car you signed a lease they don't need a title to repossess their car. Title or no title they look up that information and have it mark on that title that the car was repossessed
Can police refuse to release a repossessed car that they hold?
It depends on the reasons the car was repossessed and what the local laws are. If the car is being held as evidence or to be processed for evidence, it can be held as long as it is needed.
If your car has your mothers and your name on the title but she is deceased how does this affect you if it is repossessed?
Goes on your credit as a repossession.
