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Does the lien holder have the right to repossess your car if you left on a handshake and you had no contract and it was a private lender?
Wiki User
∙ 17y ago
Yes. If the lien is valid, a written contract is not necessary and the holder can legally repossess the vehicle in conjunction with the existing laws of the state in which the vehicle is located or in some cases where it was sold.
Wiki User
∙ 17y ago
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If you are the lien holder on a car can you reposs a car if there is no insurance on it?
Whether or not a lien holder can repossess a car if there is no insurance depends on the contract, local law, or both. In this state, a verbal contract is valid. You will need to check local law.
Who may Repossess on another persons property?
Whomever the lien holder has hired for that purpose. Providing you have defaulted on the payment terms of your contract.
Can a dealership repossess your car if they are not the lien holder?
No. The lienholder is the only entity with a right to repossess.
What does a private seller have to do to repossess a car that has been transferred into buyers name but still list seller as lien holder?
go pick it up, if they refuse, go get the police
Can i repossess a car if have a lien on the tile?
If you are the lien holder, yes.
Who can repossess your car?
An Authorized Recovery agent working on behalf of the lien holder can repossess the vehicle from the lessee. It is Illegal in the state of Indiana for someone who works for/ at the car lot or for the lien holder to repossess a vehicle under the car lot/ lien holder's company name. The duty of repossessing a car must be hired out to a recovery agency.
Can they come and reposses a car from a private condominium?
Apparently, it is legal for the owner -- in this case, the title holder -- to repossess an automobile so long as the repossessing agent does not break the law in the repossession process.
Can a lien holder repossess your car if you have a clear title?
sure can if they have a title too
Can my lien holder repossess my vehicle if i don t owe them money and no contract was violated?
From what you describe it has no legal grounds on which to repossess your vehicle unless you missed some provision in the contract that has been breached. You may need to obtain a release of the lien from the lien holder to clear the title. You should try to contact the consumer division of your state attorney general for more information. If possible, you should get some advice from an attorney and act as soon as possible.
If you have the title to your vehicle can the bank still repossess it?
If there is money owed to the lender with the vehicle used as collateral, the lender will be shown as a lien holder on the title and can if the contract is defaulted recover the vehicle according to the laws of the state in which it is registered. yes
Can a lien holder repossess a vehicle from a chained locked fence on private property?
I guess he would need to use a helicopter since he cannot breach the peace. Breaking the lock or fence would be disturbing the peace, I think.
Can you repossess a car if you do not have a written contract on it but you are a lienholder and you have the title with your name listed as lienholder?
If you don't have a "contract", you aren't a leinholder. A lienholder must have a contract and have filed the notice with the county recorders office and the title must state you as the leinholder. If the person is named on a title as a lien holder he or she has the legal option of repossessing the vehicle as it is determined by the laws of the state where the vehicle is registered.
