answersLogoWhite

0


Best Answer
Copy

== Repo'd by whom?== If you own the car outright, who can repo it? No one's got a lien on it, right? Nobody's gonna hook your car. Not legally anyhow.

2006-08-25 18:51:50
This answer is:
πŸ€“
🀯
πŸ€”
User Avatar

Your Answer

Loading...
Still have questions?
imp

Related Questions

If the cobuyer of a vehicle that was repossessed is going to reclaim the vehicle how does he get a clear Texas title without the other's name on it?

Make the idea known to the lender BEFORE you proceed. get it claer what is to happen.


Clear car title car for repossessed car?

098765445436376547274574 After the vehicle is repossessed and the lien holder (lender) has physical possession of the vehicle (after following state law requirements) they would simply request, and pay for a new title at a cost of a few dollars, and upon proper proof of a proper repossession.


If your car is going to be repossessed is it legal for you to sell it before the actual repossession?

Not without permission of the lender. A vehicle cannot be sold without a clear title of ownership. The lender is named on the title of a vehicle as the "lienholder" until the vehicle is paid for or otherwise released by the lienholder.


Can your car be repossessed if there are children's safety seats in the vehicle?

Yes, it can be repossessed. If you owe money on a vehicle and do not have a clear title of the car - In reality, this car is not yours until the debt is paid. The car is collateral until your pay the loan off. If the car was repossessed, the personal contents like the car seat must be given back to you.


What can you do if you have a clear title and your car gets repossessed?

If you have a clear title, you car can't be repossessed. Either the title isn't clear or the leinholder believes monies are still owed on the car. If the title is clear, show it to the company authorizing the repossession. If you truly had clear title and there were no leins or other encumberances and a judge didn't declare that the car was to be sold to satisfy OTHER debts, you can sue for damages. If you didn't owe money to the people who had the car repossessed, you should be able to sue them for LOTSA BUCKS, and you definitely should.


What can happen if you don't pay a title loan and you still have the car?

The vehicle can be repossessed.


Can a person who holds title to a vehicle have it repossessed from someone driving it as a loaner?

Report it stolen.


When you sell a vehicle that you have clear title on and the buyer plans on financing who do you name as the vehicle owner on the title?

The buyer.


Do you still owe title loan after vehicle is not working and repossessed?

YES! Including any interest.


Is the title considered clear if the vehicle is financed through a bank?

A clear title is a title that has no financial obligation against it; therefore a title held by the bank is not a cleared title.


If an auto loan is in one person's name and the title in another person's name can the vehicle be repossessed?

Yes.


Can a vehicle be repossessed if the title has no security interest on it but you used the vehicle to get the loan but never gave them the title?

a lien can be placed on a title without you giving them the title. call your states DMV and ask if you car has a lien on it. I think you will be surprised. Good Luck


Is it the dealers responsibility to disclose to the buyer that a vehicle was purchased from a salvage yard?

DEPENDING ON WHAT KIND OF TITLE THE VEHICLE HAS IF IT HAS A CLEAR TITLE THEN NO IF IT HAS A SALVAGE TITLE THEN YES


I had my salvage title vehicle inspected by Ohio highway patrol but it still has a salvage title how do i get a clear title?

Once a vehicle has an Ohio Salvage title assigned, the history remains with that VIN until the vehicle is scrapped. The Registrar in your county will issue a Repaired Salvage , or "branded" Title that you can get your license plates with. You cannot obtain a Clear title for this car.


After you buy a repossessed car does it stay marked as repossessed as long as it is driven even though it is paid off?

The car isn't damaged, the debtor's credit rating is. There is no permanent record of the car as a repossessed vehicle like there is for a salvaged title.


Can a car be repossessed in California without a lien being placed on the title?

IF the loan is perfected, it can be repossessed. If you have signed a loan contract with the vehicle specified as collateral for that loan, it can be reepossessed if the loan is in default.


Can a Texas salvage title vehicle be registered in Louisiana?

Yes


What is Texas sales tax title and license for used vehicle from dealer?

what does tax title and license cost on used car in Texas


What is a clear title for a car?

i believe a clear title is where no one has a lien on it.like if you get a loan from the bank to buy a new vehicle they own the title until you pay it off then it's yours free and clear.


Where in Wisconsin can i get my vehicle inpected to clear a salvage title?

Once a vehicle is considered salvaged, you cant get it clear for any reason, even after its repaired.


Is it possible to have a lien on your vehicle even if you already have the title?

Yes. The title you received when you purchased the vehicle should show the lien holder. Even when you buy a vehicle on credit, you will receive a title. It is a lien title. You will not receive the full or clear title until the vehicle loan is paid off.


Does a finance company need a license in Ohio to retail a repossessed vehicle?

No, there is an exemption under Ohio law that permits finace companies to dispose of repossessed vehicle without a dealers license. Sale and title work is the same as a casual sale between individuals. No, there is an exemption under Ohio law that permits finace companies to dispose of repossessed vehicle without a dealers license. Sale and title work is the same as a casual sale between individuals.


If you hold the title and its in your name can your vehicle still 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.


Do you own your vehicle if the title is clear off lien holders?

yes


Is it possible to have a lien put on your vehicle even if you have a clear title?

yes