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Most states have a law that requires that the title be sent within 3, 10 or 30 days of final payment being made. The law usually doesn't have much in the way of teeth, so you may need to remind the lending institution that the loan has been paid and that you want the title. After you have requested the title the lending institution may be in default and you may have recourse, depending again on your state and the laws that regulate title loans.

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โˆ™ 2005-11-24 14:13:15
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Q: Can your car be repossessed when you have paid off the loan but have not received the title?
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If your car was repossessed and you paid the loan off do you get the title?

If your car was paid off, then why was it repoed? Or if you mean you paid it off after it was repoed, then if the loan company accepted your money,then they have to give you the car and title back. I would call them and get it back or your money back.


Can you get a new title in your name if previous owner never paid for title loan received and then died leaving it to you and title loan comp has original title still?

no you need the tittle


Bought a car out of state but loan is with your bank Who receives the title?

The bank receives the title until the loan is paid. If the loan is paid off then you receive the title.


Can I get my name off the title and loan of my ex-son in law's van if he still has a loan on the van?

The loan must be paid off and you must sign the title over in order to get the title and loan out of your name and responsibility.The loan must be paid off and you must sign the title over in order to get the title and loan out of your name and responsibility.The loan must be paid off and you must sign the title over in order to get the title and loan out of your name and responsibility.The loan must be paid off and you must sign the title over in order to get the title and loan out of your name and responsibility.


If you already have the title to your car but the loan has not been fully paid can it be repossessed?

As long as there is a security interest in your car, YES, it can be repoed if the loan is not paid. Just think how many people would buy cars today if your situation happened everyday.


What happens if a used car seller has paid off their loan but not received the title yet?

Keep bothering them. If you haven't received the title after about 90 days, then something has to be wrong.


Can you sell a vehicle if the cosigner refuses to sign off on the loan?

The loan must be paid before you can transfer title to the car.The loan must be paid before you can transfer title to the car.The loan must be paid before you can transfer title to the car.The loan must be paid before you can transfer title to the car.


What are your rights as the owner of a car if car company signed the title over to you with a letter stating that the loan is satisfied and car is paid off by mistake in Texas?

Legally, if you received any notification fro the lender that the loan was paid in full, and you received a clear title from the lender, the loan is paid in full and you have a clear title. Ethically, you may have problem. Morally, you may need to work with the company to correct the error.


How do you get a title for a car that has a loan rolled up in bankruptcy?

Once you have received notice that the creditor has been paid in full you can contact the owner of the loan and request the title. They may want to see that they have been paid in full in writing via the trustee. It is really not that hard to get the title. Good Luck!


Can you go to jail for title loan?

Can u go to jail for now paid a title loan


Can a house be resolved and the arrears paid after it is repossessed?

It is possible to work out a deal with the bank after it is repossessed. However, a new loan or legal agreement will have to be signed.


Can your vehicle be repossessed after the loan and security agreement has expired but you still owe a considerable sum?

Loan and security will always be active against the vehicle. It never goes away until paid or repossessed. Yes, the collateral may be repossessed at any time.


If spouse buys you a car can dealer come take car if he is not paying on the loan?

Yes a vehicle can be repossessed if the loan is not being paid on.


How do you get your car title from Bank of America?

The only way to get your car title back from the Bank of America is to pay of the loan that the title is collateral for. If the loan is paid off, they will send you the title in the mail.


If the loan for a vehicle is in one person's name and the tite in another's what are the rights of the person on the title if the vehicle is repossessed?

None, unless the person who is named on the title chooses to make an agreement with the lender to refinance the car in their name. A title which has a lien against it does not confer ownership to the title holder. The vehicle belongs to the lender/lien holder until the loan agreement is paid.


In California can a vehicle be repossessed if you only have 2 to 3 payments left on the loan?

Until you pay it off, yes. It is not yours until it is paid in full and the Lein Holder's name is off the title.


Can your car be repossessed if there are children's safety seats in the vehicle?

Yes, it can be repossessed. If you owe money on a vehicle and do not have a clear title of the car - In reality, this car is not yours until the debt is paid. The car is collateral until your pay the loan off. If the car was repossessed, the personal contents like the car seat must be given back to you.


How do you get the title after the loan is paid in full?

Lender should supply after note is paid


Can your car be repossessed if you have paid 75 percent of the loan?

Yes, if you don't comply with the terms of the lending agreement.


Can you sale the car without the loan cosigner's permission?

If they are not on the Certificate of Title you can sell the car. However, generally, the Title is held by the lender until the loan is paid off. You cannot sell a car without the Certificate of Title.If they are not on the Certificate of Title you can sell the car. However, generally, the Title is held by the lender until the loan is paid off. You cannot sell a car without the Certificate of Title.If they are not on the Certificate of Title you can sell the car. However, generally, the Title is held by the lender until the loan is paid off. You cannot sell a car without the Certificate of Title.If they are not on the Certificate of Title you can sell the car. However, generally, the Title is held by the lender until the loan is paid off. You cannot sell a car without the Certificate of Title.


Can a cosigners credit get the car repossessed?

As long as the loan for the unit is paid each month, the collateral will never be repo'd.


How would you obtain a new title for a recently purchased vehicle?

If the car is paid off, you can probably get the title at the Department of Motor Vehicles. If the car is not paid off, the bank that holds your loan holds the title until the loan is satisfied.


Is a repossession marked on your credit report when the car is repossessed or when the loan is paid off?

Think about it. IF the lender waited until the loan was paid off,zillions of repos would NEVER be reported. Sooo, they report them as they happen.


What happens if I don't repay an auto title loan?

You will lose the car if the Auto title loan is not paid. The lapse in repayment can result in reposession of the car.


If you agree in divorce papers to make the car payments until it is paid off but your ex-wife does not pay the insurance what can you do?

If your name is on the title, you can get the car and then pay the insurance. If your name is not on the title, you can pay the insurance to keep it from getting repossessed. If your name is not on the loan, quit paying and let her worry about it.

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