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If you hold the title and its in your name can your vehicle still be repossessed?
Wiki User
∙ 18y ago
Well, if the title lists no lienholders, it cannot be repossessed. If it lists one, it would be best to surrender it or don't keep anything in it of value. Yes. Even if the lien is not recorded on the title, it hass probably still been filed with the state.
Wiki User
∙ 18y ago
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Can a title company put a lien on your vehicle if YOU still hold the title?
as long as you physically have the title in your possession and its in your name and they haven't signed the back, you are still the legal owner. A title company would have to give proof of your financial obligation to them
How do you file for a lost vehicle title in Arkansas?
Get a hold of the motor vehicle department in your state and explain the problem, they will get you a new title.
If you have never had a license can you still have a title to a car in your name in Ohio?
Don't worry. You don't need to have a driver's license to hold a vehicle title in Ohio. www.dmv.org DMV.ORG - The Unofficial Guide to the DMV
How old can you be to hold a motor vehicle title in South Carolina?
Old as the hills!
Can a wife sell her husbands vehicle?
You may only sell property to which you hold title.
How can you hold the title on a vehicle loan to a friend and not be liable for any accidents that he may get into?
If your name is on the title you will be responsible for all debts and damages.
Can your car be repossessed if you hold the title?
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.
Is it legal for a bank to hold a title to a vehicle that is paid for?
It is illegal for a bank to hold onto a title for a vehicle once a typical deadline for funds to clear for payment of said title has cleared. Contact your local attorney general and state government banking institution that governs bank licensing and file a complaint. They should notify you in writing as to why you have yet to receive your title.
Can they repossess your car with out a court order in the state of Vermont?
They don't require a court order to repossess a vehicle... the only way a court order would be required is if the court had ordered you to give up your vehicle as collateral if you found yourself on the losing end of a lawsuit or something to that effect. A vehicle which is paid off cannot be repossessed, because the lienholder - who is the lawful owner of that vehicle while they hold the title - is reclaiming their own property after a lessee fails to meet the conditions of their contract.
What will be the title now of former pope?
He will hold the title of Pope Emeritus - Retired Pope. He will still be addressed as the Holy Father.
Should you keep title on car if someone is making payments on it to you?
YES! Do not release the title of the vehicle until it is COMPLETELY paid off. Once they hold the title, they can stop paying and there is nothing you can do... legally.
Can your leased car be repossessed because of no insurance even if you are up to date with your payments?
If the terms of the lease include the requirement that you must provide insurance on the vehicle, and I've never seen a lease agreement that doesn't, yes, they can hold you in violation of the lease and repossess the vehicle.
