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Can a car get reposessed if the previous owner owes finance on it?
Wiki User
∙ 14y ago
Yes. Prior liens must be paid off before you take title to the vehicle.
Wiki User
∙ 14y ago
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What happens to car if you find previous owner owes finance on it?
you make him pay it or else you will need to pay it.
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.
Who owes the condo fees incurred after a foreclosure?
Assessments are owed to the association by the condominium owner. If it's a bank, then the bank owes assessments.
How can you find out if IRS owes you a return?
i cant seem to ge a W-2 re issue from my previous employer, Is there a way I can find out how much the irs owes me back?
Are property taxes owed on a foreclosed property by the owner?
The current owner yes, not the one foreclosed on. (And the past owner owes the one that foreclosed for any tax that was due for the period that owner had it).
Can a lien be placed on a home if the owner owes a loan deficiency amount when a vehicle is repossessed?
Yes.
The bike is regeister in North Carolina and i live in Texas and the owner owes money on the motorcycle?
whats the question
New Voluntary Short Sale law?
Here in Arizona we have a new program to help people get out of a mortgage where they have a negative equity balance.As I understand it. The Home owner wants to sell the house buit owes more than it is worth. If he does not make the payments he will loose his house and ruin his credit. By volunteary reposission he saves his credit, the finacce company stops action against the owner. The owner then sells the house for what ever he can get. pays the finance company and then agrees to pay the short sale amount to the finance compan. I is a win - win - win solution for everyone. Seems like a great way of dealing with the problem.
Can anyone other than the owner of rental property sue for lost rents?
In every state I know of, the manager has standing to sue, since he is owed the rent, which he then owes to the owner.
When a person owes a finance company and has repairs done also on a truck can the person who did the repairs file a lien on the truck?
Yes, It is called a Mechanics Lien
As a business owner how do you attach a debt a customer owes you to their credit rating?
You submit it to the credit reporting agencies with valid proof of the debt.
Can a company file a mechanics lien against your property if the builder of your barn owes them money?
Yes, a company can file a mechanics lien against property if the builder of the barn owes them money. This can be a nightmare. To get rid of the lien, a property owner might have to pay the lien holder and then sue the builder for return of funds. This tactic is not fair to the property owner because, if the builder was already paid for the barn, the property owner now has to pay double.
