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Can you hold someones car if they owe you money but you do not have a lien?
Wiki User
∙ 13y ago
No. Taking their car would be theft.
If someone owes you money, you can file a civil law suit. If you are granted a judgment, you can attach to assets and potentially force a sale if the debt is not paid.
Another View: Some states have provisions in their law for a craftsmen and tradesmen to file a "mechanics lien" which requires less official court involovment than filing a full-blown civil suit for collections.
Wiki User
∙ 13y ago
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Can bankruptcy lawyer have lien removed from car?
If the lien is a purchase money lien (granted to allow you to buy the car), then no. If it is a nonpurchase money lien (you granted a lien on the car to secure an unrelated debt), then yes.
How much money do you get for a car lien?
Answer lien on car?i let someone borrow 1100.00. he doesn't own a home. and he has a cr with a loan on it. can i put a lien on the car??
What is the meaning of lien balance?
The right to take and hold or sell the property of a debtor as security or payment for a debt or duty.Also can be said asSecurity Money
Can you file a lien on own car to prevent another from filing a lien on your car?
You cannot file a lien on your own car to prevent another from filing a lien on your car. If you owe someone money they may be able to put a lien on your car so that they are paid in full.
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.
Lien holder on your vehicle?
The lien holder is the person or firm, you borrowed the money from to purchase the car.
What does it mean if there's a lien on a car title?
A lien on a car title most typically means that money is still owed on the car. When a person takes out a loan on a car a lien is put on the title until the full repayment of the loan.
What does a lien on your car title mean?
you owe somebody money and your car was used as collateral
How do i sell a wrecked car i still owe money on?
You cannot sell a car you have a loan on if the lender has a lien on the vehicle. You will need permission from the lien holder to sell the car. If the lender has no lien on the vehicle then you can sell it if you wish. The title will list any lien holder.
I am lien hold and i need to find color of car in NEVADA?
ford gt
What is an auto lienholder?
A lien holder is someone who has a financial interest in a car. It could be the bank you financed it from, or someone else who the car owner owes money to. The car owner's name is on the title with the lien holder's name so that you can't sell the car without the lien holder signing the title...this means that you don't owe the lien holder any money on the car. The car is now 100% owned by the title owner.
You just received a car that has a lien on the my title; what does that mean?
It means that someone has borrowed money from a Bank or lending company and used the car as colatoral. Be carefull, if you purchased this car, and that lien is still against it, the lending company can come after you for the money or take the car from you.
