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Your state may have other requirements that you have to meet to do so. At the very least, you need a loan contract that perfects the security agreement.

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โˆ™ 2015-07-15 19:54:16
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What is forfeiture

Which of these is the best description of delinquency

Which term is defined as property that is pledged as security on a loan

This is Paula's monthly budget What percent of her expenses is spent on insurance

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Q: Can you repossess a car if the person who bought it from you still owes you money for the car and you still have all the paperwork?
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Related questions

How can you change the ownership of a gun in Tennessee?

If it's a person to person sale, no paperwork in required in Tennessee, however, many people suggest that you make a bill of sale so you have evidence that you sold it. As long as both people are Tennessee residents, you simply exhange the gun with the other person for the money. If it is a gun being bought at a gun shop, the gun shop will process the necessary paperwork (paperwork is required for a sale by a licensed dealer).

What happens if you unknowingly bought a car that had a loan on it and the loan is not paid off can they repossess the car?

YES, they can. The person who sold the car can be charged with selling mortaged property(felony in most states).You will be out your money. best to take the car back to the seller and get your money back while you have a chance.

When can a bank repossess someones car?

As long as the bank is listed as the lienholder on the title and as long as you owe them money and haven't paid they can repossess the car.

When a bank repossess someones car?

As long as the bank is listed as the lienholder on the title and as long as you owe them money and haven't paid they can repossess the car.

If you gave someone money can you sue them for it back?

No. If I give you money, it is yours. You can do whatever you want with it. If I lend you money, I had better get a receipt. I will need paperwork. Then, I can sue you to get it back. The name of the game is paperwork.

The person who made it doesn't want it The person who bought it doesn't need it The person who uses it doesn't know he or she is using it What is it?

Easy! counterfeit money!

Can a mechanic repossess a vehicle if money still owed?

if you owe them money they generally will not release your vehicle to you in the first place

What allows a bank to repossess someones car?

Things may differ state to state, but in MI the lien holder basically owns the vehicle. I have the title to my truck, but it's got a big stamp on it from the credit union. The right to repossess the vehicle is in the paperwork that was signed at the closing of the loan, which also lists the vehicle as collateral for the money that was borrowed. If you can't pay the money back they have the right to take the vehicle because it's worth roughly the same amount.

How do you save a sick chicken?

cook it then sell it to somebody and then the person that bought t will die and yo get the money

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it bought.

Can you take your dog from China to Australia?

Yes, a person can their dog from China to Australia. However, they need to have all the proper paperwork, and extra money for the costs of bringing a pet.

What is the meaning of purchase?

something that is 'bought' as in an article bought for money

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