Vehicle Titles

If you already have the title to your car but the loan has not been fully paid can it be repossessed?

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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.

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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

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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.

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Can I get my personal property from the car if it has already been repossed without paying a fee?

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If they're mounted already, you won't be allowed to, unless you sucessfully petition the lienholder to allow it.

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I have a welding machine on the truck they repossessed can they keep that?

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Call the loan company and ask them. If you are up to date on your loan you have a case against them.

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Yes. Once you default on your loan, it's their car. They're not obliged to tell you anything.

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Yes. It means that the issue has already been fully litigated.

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When a car has been repossessed the person paying the insurance should cancel it.

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YES Yes, you owe them money or yes they owe me the title if it has been written off? Thanks for your help.

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If you cannot produce a "clean title", you cannot sell or trade the vehicle.

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No, New Moon has already been filmed and fully casted.

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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.

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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.

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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.

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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.

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The title comes after you've finished writing the story. Write it first, then the title will already have come to you.

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You do not owe money for a car if it has been repossessed, so your wages can't be garnished for that reason.

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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.

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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.

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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.


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