People known as Edc's may repo a car if they are in possession of an original court order from the bank
Yes. If the lien is valid, a written contract is not necessary and the holder can legally repossess the vehicle in conjunction with the existing laws of the state in which the vehicle is located or in some cases where it was sold.
yes, you are in a legally binging contract if you are both over 18 years of age and are therefore able to repossess the car.
From my Experience All you really need is a written Contract on the said property, Dealers, Used car lots, and Banks register the property financed so it shows the lien on the title. Private sales with money owed if you have a written contract you can repossess on site. if this is an oral agreement, You will have to go through the small claims division of the county courts
When you signed the contract to buy "your" car, you are also giving written permission for an agent to enter your private property and take back the bank's car. Read before you sign!
YES.
You locate the car and remove it from the possession of the default debtor.
If you have a written contract that is signed & noterised you have a very good chance.If it was a verbal contract with witnesses that will back you up, you have a good chance.If the car is still in your name you have a good chance.If you have none of the above, it will be very difficult.
potentially, yes; consult a lawyer
David Keith Talbot has written: 'Do public sector employees hold the same psychological contract as people in the private sector'
If you don't have a "contract", you aren't a leinholder. A lienholder must have a contract and have filed the notice with the county recorders office and the title must state you as the leinholder. If the person is named on a title as a lien holder he or she has the legal option of repossessing the vehicle as it is determined by the laws of the state where the vehicle is registered.
A contract is valid when there is a meeting of the minds. Once a contract is signed, it cannot be changed unless written as an addendum and signed by all parties concerned. A verbal agreement cannot override a written agreement.
baring in mind "said contract" has not been overlooked by a solicitor...