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Yes. That means in the event you try and sell your home, any monies received from the home their portion is given to them first.

YES, IF the lender has a JUDGMENT against you.

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โˆ™ 2015-07-14 16:09:48
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Q: Can a lien be put against a home for a vehicle repossession?
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How long after repossession of your vehicle does the lien-holder have to sell the vehicle?

Forever Adding: I believe the questioner may actually mean to say - does the lien holder have to wait to sell it. Perhaps he doesn't understand that after repossession, it is then "their", that is the lenders, vehicle.


If you have a voluntary repossession can they take your home?

NO, they can attach a lien to be paid FIRST if/when the home is sold.


Can your car be repossessed if you have the title in your possession and the bank is not the lien holder?

Repossession occurs when the borrower fails to make payments on a loan secured by a vehicle. If "the bank" is not the lien holder then it has no authority to take possession of the car by repossession. However, if a bank obtains a judgment lien against you in court for a different debt, it can use the judgment lien to seize your car, or any other property, to satisfy the judgment.Repossession occurs when the borrower fails to make payments on a loan secured by a vehicle. If "the bank" is not the lien holder then it has no authority to take possession of the car by repossession. However, if a bank obtains a judgment lien against you in court for a different debt, it can use the judgment lien to seize your car, or any other property, to satisfy the judgment.Repossession occurs when the borrower fails to make payments on a loan secured by a vehicle. If "the bank" is not the lien holder then it has no authority to take possession of the car by repossession. However, if a bank obtains a judgment lien against you in court for a different debt, it can use the judgment lien to seize your car, or any other property, to satisfy the judgment.Repossession occurs when the borrower fails to make payments on a loan secured by a vehicle. If "the bank" is not the lien holder then it has no authority to take possession of the car by repossession. However, if a bank obtains a judgment lien against you in court for a different debt, it can use the judgment lien to seize your car, or any other property, to satisfy the judgment.


Can you renew registration for a paid vehicle that has a lien on it?

No... a vehicle which has a lien against it isn't paid off.


Does the lien holder have to hold your motorcycle after repossession?

After repossession, the lien holder or agent sends information on how to reclaim the vehicle; if the owner does not respond or cannot repay the outstanding debt, the agent removes all personal belongings and sells the vehicle at auction. You will then be liable for the difference in what it sells for and the balance on the loan plus repossession fees.


How many days does the financial lien holder have to wait after repossession to sell the vehicle?

Laws on this vary by jurisdiction.


How do you get a legal order to repossess a vehicle in Oregon?

Present proof of your ownership and the lien contract to court and get a repossession order.


If you live in the state of Georgia and there is a lien against your vehicle but no money is owed can they repossess the vehicle?

A lien means that money is owed on your vehicle. If there is no more money owed, then there is no longer a lien, and the vehicle cannot be repossessed.


Can a mechanic repo a truck?

Yes, provided he has a valid lien. Often, in the event of unpaid vehicle repair debts, mechanics can obtain a mechanic's lien. Repossession can be a means of enforcing a mechanic's lien.


In the state of Texas can a creditor put a lien against your home for a repossessed vehicle?

The answer is yes, if the creditor brings you to court on the matter.


Does this vehicle have a Lien on it?

Does this vehicle have a Lien on it?


Can lien holder repo vehicle if not paid?

Yes. That's the sole cause for repossession, when the payment/s haven't been made.

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