Best Answer

This is a rerun. IF someone is making paymnst, there is a security interest somewhere. Dont be fooled by the title and the leinholder part. They have a perfected lien on it. Good try, no candy for you.

User Avatar

Wiki User

โˆ™ 2011-09-12 21:00:56
This answer is:
User Avatar
Study guides

Add your answer:

Earn +20 pts
Q: If a bank does not hold the title to a vehicle and no bank lien is shown on the title can the bank repossess the car if payments are behind?
Write your answer...
Still have questions?
magnify glass
Related questions

Can a bank repossess a vehicle that they are not on the title as a lien holder?

Yes, but I'm curious as to how they are not shown as the leinholder on that portion of the title. However, if you signed any type of debt instrument showing that vehicles description and VIN, then payments weren't made in accordance with the debt instrument they can, and will reposess said vehicle.

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

If there is money owed to the lender with the vehicle used as collateral, the lender will be shown as a lien holder on the title and can if the contract is defaulted recover the vehicle according to the laws of the state in which it is registered. yes

Can they repossess your car on your personal property in MO without showing any paperwork?

They've already shown the paperwork - to the police, prior to repossessing the vehicle. They're not obligated to show you paperwork - it's not your car. It belongs to the lien holder.

Are there specific laws that regulate respossession of a vehicle by a private party or family member?

States establish repossession laws and the procedure will differ depending upon the state in which the vehicle is located. The one factor that is common in all US states to repossess a vehicle is that the person seeking the recovery has a legal right to do so. For example, the party who is owed the debt is shown as a lien holder on the title of the vehicle.

Where is the pollen filter in a Nissan micra?

It is located behind the centre console. Go to and enter your vehicle details (Nissan Micra K12) and the fitting instructions will be shown.

Name one economic interaction that isn't covered by the simplified circular?

Tax payments aren't shown in the simplified version... Roles of the government and international trade are not shown.

Where are SLK cars shown?

The results of my inquiry indicate SLK cars are shown in the United States. I did not do any further research to learn whether or not this particular vehicle is shown in other countries. I also learned from my inquiry that this particular model is a Mercedes Benz vehicle.

Where to put payment of investment in subsidiary in the cash flow statement?

these payments will be shown in cash flow from investing activities.

Where does disposal of motor vehicle go in an income statement?

Disposal of motor vehicle is not shown in income statement rather proceeds goes to balance sheet any loss or profit on disposal is shown in income statement only.

How many litters in the Gas Tank when the Gas Empty Sign shown?

Depends on the vehicle

Where is the actuator motor on a 2002 Cherokee limited?

& its not behind glove box as shown on youtube

When marking the center of balance on a vehicle what information will be shown on the horizontal portion of the T?

the gross weight information.

People also asked