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Why would they NOT be able to repo a car they purchased the title to? READ your contract.

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โˆ™ 2015-07-15 19:48:10
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Q: If a car was paid for and then you took out a title loan against it for twice the vehicle's value can the title loan company repossess it?
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Related questions

What happens if you have a clean title and loan is secured can finance company still repossess?

Maybe


If you are late on your car payment can they repossess it even if neither you nor the loan company has a title?

Yes it's their car you signed a lease they don't need a title to repossess their car. Title or no title they look up that information and have it mark on that title that the car was repossessed


Can you junk a vehicle without title if the loan company refuses to repossess the car?

ONLY if you can find someone to buy it without a title. NO buyer, NO seller.


Can finance company repossess a boat if the title was sent to me?

Of course they can. The title probably shows a lien on the boat. Until you pay in full, they can take the boat back.


Can a lien holder repossess your car if you have a clear title?

sure can if they have a title too


Who can repossess a car?

Any one on the title or that has a contract.


Can a title company repossess your car if there is another lien for a larger amount against the vehicle?

there are PRIMARY liens and SECONDARY liens. Like first come-first served, goes by DATE of lien. READ YOUR CONTRACT. You were NOT as slick as you thot you were.


Can title loan company repossess your car in another state?

Yes. The lienholder is the rightful, legal owner of the vehicle, and can take possession of that vehicle anywhere.


Can Title Max garnish your wages if they choose to not repossess your car?

Yes they can.


Can you legally repossess your car with a lien on the title?

That is the only way you can repossess a vehicle. Repossession comes under the UCC which grants a lienholder the right to repossess but only if they have perfected their lien by filing it on the title. One caveate is in most states the lienholder can not repossess a vehicle that is under a mechanic's lien without first paying that lien.


If i didn't pay my title pawn and they don't come get my car what can i do about the title?

Assuming you used the car's title to guarantee the loan - IF you fail to repay the loan, they can repossess your car ANY time they want to ! The title of the car remains the property of the loan company until you repay your debt.


When can a bank repossess someones car?

As long as the bank is listed as the lienholder on the title and as long as you owe them money and haven't paid they can repossess the car.

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