Most places cannot repo a car that has another lien on it, such as in your case. You will have to check your local law.
In ALL states, the storage lot is REQUIRED to notify the OWNER and LEINHOLDER within a certain period of time. Usually 5 days. That way everyones interest is protected.
It happened to me last week. My car got impounded for expired registration on the 3rd and when I went on the 10th to pick it up they said that the finance company had picked it up the previous day and when I looked at the paperwork the finance company had paid off all debts owed to retrieve the vehicle. WOW!
In Colorado, the police impound lot has to notify the lien holder that the car is in impound. If the car was already out for repo, we will go down and pay the storage fees on behalf of the lien holder and take the car. Or if it has to be held at the lot (like someone got killed in it) then we can tell them that when it is ready to be released that they don't give it to the owner.
Yes you can get your car repossessed from the impound lot. My car was stolen with the keys by someone i knew. When the car was found by the police they impounded it because i did not have a copy of the key or the main key. I refused to pay the sales tax because the impund lot charged me almost half of the sales tax. I paid the impound fees and they still refuse to give me the car because the sales tax was not paid for so more lot fees was added, then gmac repossessed the car from the impound. ( saint Louis )
Yes , it can be repossessed if they show they are the lienholder of the vehicle (such as a bank or car lot. They will have to show a repo order and a hold harmless for the city they are picking it up from.I run the imound lot in topeka , ks. I am not giving legal advice so please consult your local laws on this subject
Depending on why it was impounded like if you're arrested, some lenders/banks will come get it immediately then terminate the agreement for the same reasons insurance companies may cancel your policy... you're deemed an unacceptable risk.
They'll pay towing and storage fees of course.. but almost certainly you'll be out of a vehicle and still have a BALANCE DUE once they sell off the car.
How do you get 1000000 robux for free?
A teacher walks into the Classroom and says If only Yesterday was Tomorrow Today would have been a Saturday Which Day did the Teacher make this Statement?
What is pokediger1s password on roblox?
What funnehcake roblox password?
How many people signed the Declaration of Independence on July 4 1776?
What is the net worth of the Collingsworth Family gospel singers?
Are James arness and chuck connors brothers?
Did James Arness have an affair with Amanda Blake?
What is modal fabric??
What were George Washingtons false teeth made from?
Who was Yale University named after?
What determines whether you are left or right handed?
What would you do if the internet was suddenly gone?
What is the longest plate appearance in MLB history?
What is the official name of the Statue of Liberty?
Why can't we remember our dreams?
Which of Congress's powers is implied through the necessary and proper clause?
Which 2 London Underground stations have no letters in common with breakfast?
Is child singer Kim Sol Mae dead?
What is the national local and organisational agreed ways of working for advance care planning?
Where is elisa boyer today?
Accountancy is necessary while auditing is a luxury comment?
Why was James Cagney estranged from his children?
Why a variable-pitch rack and pinion system is sometimes used?
Copyright © 2020 Multiply Media, LLC. All Rights Reserved. The material on this site can not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Multiply.