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Answered 2006-08-03 23:34:24

So, if I'm getting this right, the car is slip and all. You call the police and report it stolen. Document all of the times you have tried to get it back, and have dates and times.

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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?

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.

Can the lien holder repo my truck when payments and insurance are current?

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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?

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Yes, a person can sell a car and remain a lien holder until all the payments are made. This is done once in awhile and works well if you don't have to repossess your car.

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If you have the title to your vehicle can the bank still repossess it?

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In Pennsylvania can you repossess a car that is titled in your name if the person has made car payments but has several parking tickets that are also in your name?

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