answersLogoWhite

0


Best Answer

Most states have a law that requires that the title be sent within 3, 10 or 30 days of final payment being made. The law usually doesn't have much in the way of teeth, so you may need to remind the lending institution that the loan has been paid and that you want the title. After you have requested the title the lending institution may be in default and you may have recourse, depending again on your state and the laws that regulate title loans.

User Avatar

Wiki User

18y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Can your car be repossessed when you have paid off the loan but have not received the title?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

If your car was repossessed and you paid the loan off do you get the title?

If your car was paid off, then why was it repoed? Or if you mean you paid it off after it was repoed, then if the loan company accepted your money,then they have to give you the car and title back. I would call them and get it back or your money back.


Can you get a new title in your name if previous owner never paid for title loan received and then died leaving it to you and title loan comp has original title still?

no you need the tittle


If you already have the title to your car but the loan has not been fully paid can it be repossessed?

As long as there is a security interest in your car, YES, it can be repoed if the loan is not paid. Just think how many people would buy cars today if your situation happened everyday.


Can you sell a vehicle if the cosigner refuses to sign off on the loan?

The loan must be paid before you can transfer title to the car.The loan must be paid before you can transfer title to the car.The loan must be paid before you can transfer title to the car.The loan must be paid before you can transfer title to the car.


What are your rights as the owner of a car if car company signed the title over to you with a letter stating that the loan is satisfied and car is paid off by mistake in Texas?

Legally, if you received any notification fro the lender that the loan was paid in full, and you received a clear title from the lender, the loan is paid in full and you have a clear title. Ethically, you may have problem. Morally, you may need to work with the company to correct the error.


What happens if a used car seller has paid off their loan but not received the title yet?

Keep bothering them. If you haven't received the title after about 90 days, then something has to be wrong.


Bought a car out of state but loan is with your bank Who receives the title?

The bank receives the title until the loan is paid. If the loan is paid off then you receive the title.


Can I get my name off the title and loan of my ex-son in law's van if he still has a loan on the van?

The loan must be paid off and you must sign the title over in order to get the title and loan out of your name and responsibility.The loan must be paid off and you must sign the title over in order to get the title and loan out of your name and responsibility.The loan must be paid off and you must sign the title over in order to get the title and loan out of your name and responsibility.The loan must be paid off and you must sign the title over in order to get the title and loan out of your name and responsibility.


How do you get a title for a car that has a loan rolled up in bankruptcy?

Once you have received notice that the creditor has been paid in full you can contact the owner of the loan and request the title. They may want to see that they have been paid in full in writing via the trustee. It is really not that hard to get the title. Good Luck!


Can you go to jail for title loan?

Can u go to jail for now paid a title loan


Can a house be resolved and the arrears paid after it is repossessed?

It is possible to work out a deal with the bank after it is repossessed. However, a new loan or legal agreement will have to be signed.


In California can a vehicle be repossessed if you only have 2 to 3 payments left on the loan?

Until you pay it off, yes. It is not yours until it is paid in full and the Lein Holder's name is off the title.