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How can you legally repo a vehicle you sold to a friend who has not made a payment but you signed the title over so they could get tags?
Wiki User
∙ 14y ago
You really cant sinced you signed the title...Its now there car you can take them to court and try to fight it.
Next time you need to fill out the lien holder section on the back of the title listing you as the lien holder and then you have the legal right to repo.
Wiki User
∙ 14y ago
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How many payments can you be past due before a lender can legally response my vehicle in KY Only owing 600.00?
Depends on what the contract you signed says. In most instances if you miss one payment then legally they can repossess the car.
Does having a title signed over to you mean the vehicle is legally yours?
yes
Can you get your down payment back after signing the contract in Baton Rouge LA?
No, you signed the contract so that is legally binding.
Can a dealer refuse an 1800 down payment if no contract was signed?
A dealer can do whatever they want, they are not legally obliagted to sell you any car.
Can you get out of a contract to purchase a new car if you have signed the documents but have not taken delivery of the vehicle?
No, once you sign the purchase agreement you are legally bound by that.
Can any employee at a law office get information about a friend via credit bureaus?
Not legally, unless expressed in legal terms by the friend and then signed, and also verified that the signing was authentic.
Do you have to sign a new contract when financing a vehicle to make the payment higher?
Whenever terms on a contract are changed, a new contract should be signed.
Can a mechanic repossess a vehicle from private property with no signed work order for non-payment?
Ill answer this in parts. Mechanic repo? YES Private property? YES No signed work order? ORAL contracts are legal too Non- payment? why else would he be "repoing"?? You need to make a deal of some sort, namely PAYMENT
What rights does the borrower have to a vehicle if it is registered in their name if they borrowed money from a friend to purchase the vehicle?
If the car is in your name, you have all of the rights. If things were to fall through between the two of you, unless you and he have a signed agreement that you'll pay him back, you dont' have to pay him anything. Of course, that would be horrible to do, and he could take you to small claims court to get his money back. * Verbal agreements are legally binding. Only the person who holds title to a vehicle owns the vehicle. It is irrelevant who the vehicle is registered to. If the person has the title he or she can legally repossess the vehicle at any time and sue the borrower for any applicable costs connected to the repossession.
Is it possible to back out of a car contract after you have signed and left the lot with the car?
If you have signed the paperwork taking ownership of the vehicle legally it is yours once you drive it out of the dealerships parking lot. You can buy a GM certified vehicle and return it within 3 days or 150 miles with no questions being asked.
What should you do if you co-signed for a vehicle for your niece and within 3 days she disappeared with the car and you have called her parents but they won't allow you to talk to her?
When you co-sign for a vehicle, you are responsible for payment if the owner does not pay. When I was 21, I was less than a week late on my car payment, for which an ex-boyfriend has graciously co-signed for, and he got a notice in the mail within the first seven days of my payment due date. Call the lender and find out immediately what steps you should take in the situation.
Can a CA private party lien holder on a vehicle with a signed contact agreeing to the terms be able to repo a vehicle legally if the payments are not followed as per the contract?
I would contact a professional company. In CA you have to be licensed to do repossessions.
