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Is it legal for a lien holder to repo youre car from the impound if youre current with payments?
Wiki User
∙ 10y ago
Laws vary by state, but typically, yes. If the finance company feels the vehicle is at risk of having a lien put on it by a local or state government entity, they'll take possession of the vehicle, as the right of the government agency to recoup storage and towing costs has priority over the finance company.
Wiki User
∙ 10y ago
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What is the legal process to repo a car in TN?
You need to have a lien on the vehicle and reasonable cause to repo it, whether it be late payments, risk of losing the vehicle in impound, etc.
Is it legal to take your car back from impound without pay?
If the impound releases it to you then it is okay, otherwise it is theft.
Is it legal for a tow company to impound your vehicle?
Yes
Can a cosigner take away your car even though payments are not delinquent?
No. Unless the cosigner is also a title holder they have no legal rights to the vehicle.
Can regular civilians impound things?
No, regular civilians do not have the authority to impound things. Impoundment typically involves the legal seizure of property by a government authority or law enforcement agency.
If an account is closed by a credit grantor why would the card holder continue to make payments after bankruptcy findings are closed?
The card holder is under no legal obligation for the card holder to continue making payments after filing for bankruptcy, unless the case is dismissed without a discharge. There are some who believe that they can improve their credit rating by pay off debts that were discharged in a bankruptcy, but I believe there are better methods to reestablish credit after bankruptcy.
Is it legal to have tinted tail lights in California?
No it is not legal to black out your rear taillights. In CA if you get pulled over its a 350-500 $ ticket, or a impound.
Can the Lien holder repo a truck if there have been payments made by the driver within the last 96 days?
When even one payment is missed the agreement is considered in default, and the lender has the legal right to take whatever action they deem necessary to secure their financial interest in the property. Unless all missed payments and applicable fees are brought current and the creditor agrees to allow the borrower to continue with the agreement, the vehicle can be repossessed.
Is it legal for car to be seacrhed in impound without both title owners permission?
With a warrant or with reasonable cause, yes.
Is it legal to drive in the US without a Drivers license and just have a passport?
No must have valid license or subject to impound
Are orchard bank online payments legal?
Yes, Orchard Bank online payments are legal payments. Making online payments is faster, easier, and often more secure for both the person making the payment and the bank itself.
If an account is charged off but payments are current on the account can a lender repossess collateral?
If payments are current it would not be advantageous for a creditor to charge off an account nor in some cases legal. If there are arrearages on the account that is a different issue, as the account would be considered in default and property that was used to secure the loan could be seized.
