HomeIf you already have the title to your car but the loan has not been fully paid can it be repossessed?
Wiki User
2015-07-15 19:12:22
2015-07-15 19:12:22
As long as there is a security interest in your car, YES, it can be repoed if the loan is not paid. Just think how many people would buy cars today if your situation happened everyday.
Related Questions
NO, the truck probably has been sold already and the lender got a repossessed title to sell it with. Of course they do make mistakes. LOL
Pay it off. It will still likely be repossessed.
Well, if the title lists no lienholders, it cannot be repossessed. If it lists one, it would be best to surrender it or don't keep anything in it of value. Yes. Even if the lien is not recorded on the title, it hass probably still been filed with the state.
Can I get my personal property from the car if it has already been repossed without paying a fee?
Yes it can and will effect your credit
If they're mounted already, you won't be allowed to, unless you sucessfully petition the lienholder to allow it.
I have a welding machine on the truck they repossessed can they keep that?
Call the loan company and ask them. If you are up to date on your loan you have a case against them.
Yes. Once you default on your loan, it's their car. They're not obliged to tell you anything.
Yes. Look under the Statement of Financial Affiars. There is a section for repos/foreclosure/garnishment.
No you will get really sick it's already been exposed to bacteria.
Yes. It means that the issue has already been fully litigated.
When a car has been repossessed the person paying the insurance should cancel it.
YES Yes, you owe them money or yes they owe me the title if it has been written off? Thanks for your help.
If you cannot produce a "clean title", you cannot sell or trade the vehicle.
No, New Moon has already been filmed and fully casted.
Well if you have not signed the title over to the buyer or if you have a lean on the title you can have the vehicle repossessed. If you have signed over the title to the buyer without putting a lean on it 1st there is nothing you can do. I own a recovery company and know a few laws. Good luck.
Your name is probably not on the car title in the first place. When you are paying off a car loan, the title is in the name of the lender. Once the final payment has been made, then the lien is removed, a title is issued in your name and you own it outright.Of course, if you put your cleared title car up as collateral and have failed to make good on a debt, then it can be repossessed. State law will give you time to buy the car back and pay penalties. Once your time is up, then the car is sold and the new owner takes possession with his name now on the title.
You work with your attorney to affect the change in title that you want. Your attorney can guide you and advise you, so that you produce the documents required in order to change the title of ownership.
Yes, furniture can be repossessed if you start making payments again after 6 months, especially if the missed payments are not caught up. The creditor can refuse the payment if court proceedings are already in progress.
The title comes after you've finished writing the story. Write it first, then the title will already have come to you.
You do not owe money for a car if it has been repossessed, so your wages can't be garnished for that reason.
Interestingly, in some states, under certain circumstances, yes. However, if the car has already been sold by the ones that repossessed it, (which is very commonly the case), then there is no way.
You can buy a car right after your car has been repossessed. It will however, depend on whether your credit is stable enough to qualify or if you have the cash to pay out of pocket.
No. A car is repossessed because you failed to finish paying for it. Since you never fully paid for it, it's not yours. No. You do not own the car once it has been repossessed. To sell the car you would need the title, which is in the hands of the finance company. After a repossession, usually 30 days later the finance company places the car in an auto auction. There it is sold to the highest bidder. In the rare case that the net proceeds from the sale exceed what you owe for the car (plus interest, penalties, repo fee, etc.) the finance company has to send you a check. If you can redeem the car by paying the full past due amount plus interest before they place it in the auction sale, then you can sell the car.
How do you get 1000000 robux for free?
How do you spell water with 3 letters?
How old is Danielle cohn?
What is the worse galactocemia galactocemia type 1 2 or 3?
What is slappy phone number?
How much does does a 100 dollar roblox gift card get you in robhx?
A teacher walks into the Classroom and says If only Yesterday was Tomorrow Today would have been a Saturday Which Day did the Teacher make this Statement?
What is the term for when soggy soil slides down frozen ground?
How did chickenpox get its name?
What is doomscrolling?
How did the Wiffle Ball get its name?
Do schools still teach cursive writing?
Can eggs break inside a chicken?
Why do books come out in hardback first?
What happens when a beehive gets too full?
What is the difference between an optometrist and an ophthalmologist?
WHAT IS THE EXPECTATION ON THE SUBJECT NSTP AND TO THE INSTRUCTOR AND CLASSMATE?
Ano ang kahulugan ng iskolarling pagpapahayag?
Which of the following statements is true about storing classified documents?
What is the benefit of analyzing the market and alternative industries before individual securities?
Is Sabrina Carpenter related to Hayden Panettiere?
What is the substitute of anisado wine?
What happened to Jeff Hewson of QVC fame?
What is a classified data spill or negligent discharge of classified information?
Copyright © 2020 Multiply Media, LLC. All Rights Reserved. The material on this site can not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Multiply.