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Repossession
Liens

How is the title issue handled on a legal repo?


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Wiki User
2015-07-16 18:05:49
2015-07-16 18:05:49

illegally repossessed??? Sounds more like dumbly sold. You should call a local attorney for state spectic advice.The seller should either be listed on the title as LEINHOLDER OR have a perfected security interest(UCC filing). If neither of these, things get shaky. Maybe that's why the seller wants the title back so badly. Call an attorney.

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No, if the car does not have a lien, then the dealer has no legal interest in it.I'm not sure why a dealer would even try to repo something they had no legal interest in.

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An unlawful repo is a theft. Hence it would be handled as such. But most repo companies have the documentation to show they have the right, whether you feel so or not, to take possession of the vehicle. In fact, in most jurisdicitions they advise the police of it before, or right after, attempting the repo. What good would an unlawful repo do someone...they couldn't get title?

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A repo man can not issue a warrant for your arrest. Only a judge can issue an official arrest warrant.

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The bank holds a lien on the title of the vehicle. If you default on the payments, they can reposses it. This is a civil issue, and is handled as such. Unauthorized use of a motor vehicle is a criminal charge which doesn't apply to a civil situation.

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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.


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