If you are the lien holder, yes.
Wiki User
∙ 8y agoNo. The lienholder is the only entity with a right to repossess.
An Authorized Recovery agent working on behalf of the lien holder can repossess the vehicle from the lessee. It is Illegal in the state of Indiana for someone who works for/ at the car lot or for the lien holder to repossess a vehicle under the car lot/ lien holder's company name. The duty of repossessing a car must be hired out to a recovery agency.
That is the only way you can repossess a vehicle. Repossession comes under the UCC which grants a lienholder the right to repossess but only if they have perfected their lien by filing it on the title. One caveate is in most states the lienholder can not repossess a vehicle that is under a mechanic's lien without first paying that lien.
No. To be able to repossess any of your property, they must hold a lien on it. If they have no lien on it, they have no right to repossess. Their only option is to take you to court.
sure can if they have a title too
As long as there is a lien on the vehicle the lienholder has the right to repossess the property
Yes, the bank has the right to repossess the vehicle if you are in arrears on payments.
If you have no lien on your vehicle then no one has a legal right to repossess it. If you're not behind on the payments there would be no reason for the lender to reprocess the car in the first place. It is hard to believe you have a loan on a car without a lien. The car stands behind the loan. If there's no lien on the vehicle then the car is not involved in the loan and cannot be repossessed.
Whether or not a lien holder can repossess a car if there is no insurance depends on the contract, local law, or both. In this state, a verbal contract is valid. You will need to check local law.
Not sure what you mean. If you are asking if you have a bill from a mechanic and don't pay it, can they repossess the car? Not without a court hearing. If you have a car that is held by a lien and the lien holder comes after the car while it is being worked on, the lien holder CAN and WILL take the car.
You have the title, but I bet on that title the lender you own money to is listed as the lien holder. He can repossess the car at any time if you miss payments. Having the title means nothing.You have the title, but I bet on that title the lender you own money to is listed as the lien holder. He can repossess the car at any time if you miss payments. Having the title means nothing.
Hopefully, you had the good sense to put a lien on that vehicle. You can have a recovery agent repossess the car.