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the link to NC statutes is at the bottom. W/O actually looking it up, Ill say NO, they can put a LEIN against the home and when it does sell, they get paid first. Ask a local attorney for an opinion.

TITLE STATE: Yes SECURITY INTERESTS: Shown on title held by lien holder. LICENSE REGISTRATION: North Carolina Division of Motor Vehicles, Vehicles Registration, 1100 New Bern Avenue, Raleigh, North Carolina, 27696. Tel.:(919)733-3025. RECOVERY REQUIREMENT: As per UCC, repossession allowed without committing a breach of the peace. DOCUMENTS REQUIRED FOR LIQUIDATION: Title and Repossession Affidavit, Out of State Repossession titles and affidavits are accepted. PLATES: Remain with the debtor.

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โˆ™ 2015-07-15 18:42:50
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Q: Can the loaner take your house if you are not paying the balance of the loan in North Carolina?
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