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Can the finance company repo your car when you have a title with no lien?
Wiki User
∙ 11y ago
Yes. The note creates a lien, regardless of whether it is officially recorded on the title. If the lien is not on the title, this will merely create some extra work for the repossessor when they try to sell the car.
Wiki User
∙ 11y ago
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What if your car is in repo status and there is a mechanical lien on it does the finance company hold you accountable?
Not necessarily but the person with the mechanical lien will for sure sue you and hold you accountable.
If a mechanic has a mechanics lien on your car will this prevent the finance company from repossessing your car or prevent you from voluntarily having car repossessed?
No, what will happen is this: the finance company will pay off the mechanics lien (usually) and tack that on your loan balance, it would be considered a repo fee.
Can the Title Loan company repo your car when you have a title that says there is no lien holder?
depending on the motor vehicle laws of your state but in the state of Arizona where i am from if you have the title in your name with no lien holder you are the rightful owner of the vehicle and nobody has authority to take it away unless you have signed a power of attorney and a title and registration application adding the finance company to your title. http://www.1stopautotitleloans.com
If you are on the title as the lien holder can you go repo the car?
Yes.
Can a car finance company put a lien on taxes.?
I signed for someone to get a car and the person never paid it and i had to return it sobasically it was considered a repo so i got sent to collections and to court, can they put a lien on my taxes
How long will a finance company still try to repo a car. I moved 3 years ago and they coulcn't find it. Will they still try to repo it 3 years later or would it be a judgment against me for money?
The lien is still valid, so yes, they can repo it.
Can you repo a car when the title with no lien and registration is still in your name?
there is also no bill of sale on it.
How long before repo or finance company gives up and just writes it off?
If you don't pay for the car it has a lien on it, and can never be sold. You may not be able to get new tags for it if it is flagged.
In a private transaction in California can I without a repo service repo a used car from the buyer who didn't make payments?
Only if you put a lien on the title
How long can a buy here pay here dealer hold your car after repo?
A car dealer can hold a repo as long as he is the lien holder on the title.
Can you sue the repo man if he takes the truck after you filed bankruptcy?
(A): "Can you sue the repo man if he takes your truck after you filed bankruptcy?" (B): The answer is "No". The truck is the property of the dealer, or finance company, until your final payment to them is made, and the receiver in bankruptcy may not seize property of which title belongs to a second party (dealer or finance company). Chris
Is it legal for a lien holder to repo youre car from the impound if youre current with payments?
Laws vary by state, but typically, yes. If the finance company feels the vehicle is at risk of having a lien put on it by a local or state government entity, they'll take possession of the vehicle, as the right of the government agency to recoup storage and towing costs has priority over the finance company.
