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What else can I help you with?
Can you sell a car in one state when it is still registered in another and you have a loan you are still paying off?
No, you can not sell a car that doesn't belong to you and that you don't have a title to. If you are still paying for a car, the leinholder will have the title. The car won't be yours until you pay for the car in full and the leinholder signs off on the title and gives it to you.
Will a car dealership payoff a leinholder?
Yes, If you are trading in your car, or selling your car, to a car dealership they will payoff a leinholder in the process.
If there is a charge off on an auto loan and you have the car who does it belong to?
IF there is a LEINHOLDER on ANY title, it belongs to the LEINHOLDER.
How do you find out who is the leinholder for a car?
It should show up on the title.
If your vehicle was hit by an uninsured vehicle that was impounded after the accident but later repossessed from the pound by the leinholder can you sue the leinholder?
You could try but I doubt you would prevail. What liability do you think the leinholder has in the accident? You need to sue the driver of the car that hit you.
How can you find finance company to a abandoned car?
Leinholder if any will be on registration.car has no registration
How would a bank in Michigan listed as leinholder go about repoing a car in Ontario with a Michigan title from a Canadian citizen?
Slightly confusing question. If YOU are the leinholder, why is the bank trying to repo the car? Why does the bank not know the laws of repossession in MI? If you(the leinholder) are trying to repo the car, CALL your attorney. You will need her/him to perform this LEGALLY.MI and CANADA are NOT good places to LEARN the repo business for beginners. Good Luck.
How can a leinholder repo a car with only 2 installments due and was to be paid in 1 month as agreed?
how can a leinholder repo a car "with only 2 installments due?" READ your contract. Does it say you will pay as due OR when you decide to? You were in DEFAULT and when in default the lender can repo the collateral.
If you know that someone is hiding their car from the repo man at your home who do you notify?
You need to know who the leinholder/lender is OR which repo company is looking for it. The VIN is used to trace the leinholder. IF you need more help, email me.
Can you as cosigner repossess your child's car when payments aren't made?
ONLY if your name is on the TITLE as co-owner or leinholder can you "repo" the car.
How do you obtain title for a vehicle once the lien is satisfied?
The title is mailed to the leinholder after you register the car. The leinholder just has to sign off on it and give it to you. You can keep the title like that until you sell the vehicle, but if you lose the title and try to get a duplicate, the dmv wont give you one because there is a lein still showing on the title in the computer. The best thing to do once you get it from the leinholder is to take the title to the dmv and see if they can just put the information in the computer. If not, you should apply for another title that doesn't show a lein on it.
If a person borrowed money from a friend to buy a car in the friend's name and he fails to pay how would the friend get the car back?
let me make sure i understand the deal. "A" borrows money.... never mind. The LEINHOLDER who repos the car will sell it and deal with the person whose name was on the LOAN for the car. IF you are NOT either of those two, you are out of luck. You have made a DONATION.
