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Do have have to pay a title loan back even if they re-posses the vehicle?
Wiki User
∙ 13y ago
They will try to collect the balance remaining after the sale if any difference left over.
Wiki User
∙ 13y ago
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Is it possible to have a lien on your vehicle even if you already have the title?
Yes. The title you received when you purchased the vehicle should show the lien holder. Even when you buy a vehicle on credit, you will receive a title. It is a lien title. You will not receive the full or clear title until the vehicle loan is paid off.
What does a home title look like?
I received my mobile home title and it looks just like a title for a vehicle. It even has certificate of title for a vehicle printed on top.
What does a mobile home title look like?
I received my mobile home title and it looks just like a title for a vehicle. It even has certificate of title for a vehicle printed on top.
Is it possible to have a lien put on your vehicle even if you have a clear title?
yes
What do you do with your car title if the car doesn't run anymore?
The title goes with the vehicle. Pass the title on to the new owner even if it is a junk yard.
Can my car be repossessed from my yard if the gate is locked in the state of Alabama.?
If you have a locked gate, they will find you vehicle and reposses it (even if you are in a public parking lot). My suggestion to you is voluntarily submit your vehicle to the lender. Call them first to make this arrangement. If it's too late, then let them take it.
Repossession of Vehicles in S C?
In the state of South Carolina any entity (loan company, bank, Title-Max etc) with a lien on the car title can reposses a motor vehicle provided that a payment has been missed. If you have missed even a single payment your vehicle is in jeopardy. Courts in South Carolina, both municipal and county, tend to rule with the holder of the lien (the bank, auto dealer, title max etc.) Where the law is cloudy is on reposession of a motor vehicle on private property where some tresspassing laws may interfere with the repo agents ability to snag the car. Automobiles and trucks parked on public streets are fair game.
If you have a clear title in your name can a company sue you for vehicle back saying you still owe money even though you have been making payments?
not technically. once the title is in your name that basically states that you've paid for the car in full and now were giving you the title to prove it
Can you sell a car with a title that's not in your name?
No you can't. It doesn't belong to you. Even if you made all the payments on the car, it is not "legally" yours until or unless the title is in your name. But all you have to do is have the one who's name is on the title sign the back of it, relinguishing ownership of the vehicle. Then take it to the DMV and have the title switched over to your name.
Who is responsible for your car loan if you die?
The estate is responsible for settling the debts and accounts of the individual. It may be to the best interest of the estate to sell the vehicle and pay off the loan, or even allow the loan holder to reposses the vehicle. The executor of the estate will have to document and receive court permission regardless of what is done.
Can a they reposses your car even if you only owded 900?
Yes, without any question; and in any jurisdiction.
Where in Wisconsin can i get my vehicle inpected to clear a salvage title?
Once a vehicle is considered salvaged, you cant get it clear for any reason, even after its repaired.
