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How do you clear a lien on a car when the loan was charged off so that you can register the vehicle and retrieve it from the impound?


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Wiki User
2015-07-15 19:34:58
2015-07-15 19:34:58

Other than Paying off the loan, you DONT. Charge-off is an accounting term to explain why the lender didnt make any profit on the loan. As long as the vehicle is collateral for a loan, you dont get clear title.

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Any vehicle can be impounded at any time, if it is involved in a crime. The police do not need anyone's permission to impound a vehicle. However, you are entitled to at least one phone call.

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Impound will sell your car after the impound fees are higher than the value of the vehicle.

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The fees and fines are the responsibility of the registered owner. You can sue the driver if you want to get the money back

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If your vehicle is in a private impound or police impound then yes. They only are obligated to give you without charge your government issued ID card(s), medication(s), and corrective lenses. They can hold anything else, even your house keys, clothes, food, whatever. Also if you "abandoned" your vehicle at an impound in Minnesota and the towing company goes through the legal process of placing a lien on your vehicle the property goes with the car.

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The vehicle will likely be impounded to the police impound lot, where it will be kept under security until the impound fee is paid. The vehicle also may be searched, if the police obtain a warrant, or if state law permits.


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