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Yes, you will not receive your title until all fees are paid on the loan. I know for a fact because I am in the same situation.

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Q: Can a auto loan company hold your title for unpaid late fees?
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im an auto body shop owner, how do I charge for storage fees unpaid work


Does title insurance protect the buyer of property against subsequent claims for unpaid condo fees?

Title insurance protects a buyer in the sense that the title insurer has scoured all public records to determine whether or not the title is 'clean', that is free from claims, encumbrance or other clouds. If the association has filed a lien against the seller for unpaid assessments, this will be a public record that the title company can find. Without a lien, the new buyer should not be subjected to the debt of a seller's unpaid assessments. If the association is billing you for unpaid assessments owed by a previous owner, you can take this evidence to a common interest community attorney who can write to the association and notify it that the debt is not yours.


What are settlement charges?

Settlement charges are fees assessed through the title company associated with buying a home. Title charges include fees directly related to the transfer of title, such as the title examination, title search, document preparation, and fees for the title insurance policy including attorney fees. They are normally charged to the buyer.


Is it legal for the finance company to repossess your car for late fees even though the loan is paid in full?

Yes, the loan is not paid in full if there are unpaid lates fees


If you have paid off your loan but you now owe some late fees can the title be held to your car?

If you have unpaid late fees that have accrued, your loan is not paid off. This is why the lender will not release the title. Additionally, if the amount remains unpaid, no matter how small, the lender can put your vehicle up for repossession. It would be sad to lose your car for as little as $100 dollars or less.


What to do about unpaid overdraft fees?

Pay it. The problem goes away.


How might one have debt with a bank?

Debts that can be incurred at a bank include defaulting on a loan, overdrafts and overdraft fees, unpaid account fees, interest on unpaid loans and fees for custom banking features. One of the most common debts associated with banks is the ATM / automatic tell machine fees.


Is Title Max a reputable company?

You should be wary of any company like this as they usually charge you excessive interest and fees. There are many complaints online about this company being a rip-off.


Can a child be expelled for unpaid school fees?

Yes. As there is noyone to cover the costs of there Education.


What does it mean if a condo association puts a lien on your condo if you haven't been able to pay your asessment fees?

As an owner, it means that your title to your unit is 'clouded' -- your title is encumbered/ not clear -- by the amount of your assessments past due and accumulating, that remain unpaid. A lien may also appear on your personal credit report if the title is in your name.


Do you need both a title search and title insurance if you're paying cash for a condo?

The pros of paying for a title search and title insurance in this case include assuring yourself that you have clear title and total ownership of the unit you are buying.The cons of avoiding these fees are that you pay for a unit that you may not clearly own, or that may have liens against it for unpaid assessments, unpaid taxes, and so forth.In future, if you have established that you own clear title and complete ownership to the unit, you will be able to sell it with ease, based on your ownership of a clear title.If you chose to avoid both, you may not be able to pass along clear title to a future buyer without satisfying outstanding debts against the title, that you essentially purchased when you purchased the unit originally.Finally, title insurance assures you that if the company performing the title search 'missed' something, you will not be liable for whatever cloud shows up on the title in future that was missed in the title search.


If you got an auto title loan in 2004 and has an unpaid balance of 600 since 2005 Can they repo the car today in 2010?

Yes. They have seven years from the date of last payment to repossess or recover the balance of the loan, plus all interest, fees, and penalties. The sad thing is, being a title loan, when it is repossessed you will likely not have the opportunity to redeem the vehicle. It will likely be a direct drop, meaning it will go immediately from your driveway to auction. Even sadder, the vehicle can only be sold for the amount of the original loan, so if it is worth more (has a higher value) someone is going to get a very good deal. This is especially true, because the title loan company may only put a price tag of $600.00 plus repossession and transportation fees on it.