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How do you legally repossess a car from someone late on their payments that's in lien to you but registered to them?
Wiki User
∙ 15y ago
From my Experience All you really need is a written Contract on the said property, Dealers, Used car lots, and Banks register the property financed so it shows the lien on the title. Private sales with money owed if you have a written contract you can repossess on site. if this is an oral agreement, You will have to go through the small claims division of the county courts
Wiki User
∙ 15y ago
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If you have been late on payments several times but never sixty days past due can car be repossessed?
You would have to read the contract to see if someone can "legally" repossess it. But ultimately, there is someone, somewhere who makes a decision. This person can continuously let is slide, or they can just get fed up one day and take, or have someone take your car. They also know that if you cannot afford payments then you will definitely not be able to afford back payments, penalty payments, and current payments all at the same time. Nor, can you afford an attorney.
How does a private party registered owner in CA repossess a motorcycle from someone who is living in another state?
re-run. see above post
Is it against the law to purchase a vehicle for someone else?
No, just as long as it is legally registered in the name of the owner.
If you have someone else take over your car payments and they haven't made a payment in a few months can you legally take the car back?
No. Not if you signed the title over to the other person.If they don't pay the loan then your credit will take the hit. If the car is still registered in your name you can take it. If so, do you realize how risky it is to allow someone to drive a car that is registered in your name? You are responsible for any fines incurred, any damages in an accident, and especially if anyone is injured. You are making a grave mistake.
If you sold a car under a verbal contract to someone in California and she registered it there but then moved to Minnesota and won't make payments what can you do to get it back?
Sue her...Or try to talk to her.
If you sold a vehicle to a someone who paid with a check that bounced can you legally repossess the vehicle?
The check wasnt any good sooo the truck isn't paid for. Go get your truck OR file charges against the person.
How can I repossess my car that someone bought from me?
Scenarios: 1. If you sold the car for cash, and the buyer paid you in full, you have nothing to repossess. 2. If you signed the title (aka pink slip) and the buyer had their name listed as Registered Owner, you no longer own the car - nothing to repossess. 3. If you sold the car and did NOT sign the title, and allowed the buyer to make monthly payments to you, AND the buyer has defaulted on making payments for some specified time, you MIGHT have some rights in regards to respossessing the vehicle. 4. If no written agreement was made (and properly signed) at the time of sale specifically stating the monthly payment arrangements - in other words a handshake deal - you MAY not have any recourse. Before proceeding, please consult legal help on this matter - Don't take what you may think is the law into your own hands.
Can someone repossess a car without filing for repossession?
yes
How do you sale a car on payments?
Very bad idea. Never, ever, sell someone a car and let them make payments to you. If they cannot get a loan from a bank or financial institution this proves they are not a good credit risk. You may end up not getting any money and then having to go through the legal hassle of trying to repossess the car. Sell the car to someone who can pay you cash.
What to do if people missed sixteen days on a payment of a truck that they took payments over from a family member and then they repossess it without motifying you?
Well, a vehicle can be repossessed with no notification, so there's not much you can do about that. If the payments were taken over by family members, it's assumed the first family member was aware someone else would be paying for the truck and so is still responsible to see that the payments are made.
If you pay the car payments but the car is in someone else's name can they take the car?
Legally, the car belongs to whoever's name is on the title and registration. If someone else is making payments for another person's car, they can't outright take it but could have a case in court for ownership, which could result in seizure.
Can someone lease a car and someone else make the payments?
Yes, all the bank cares about is that someone is making the payments.
