repo and say they didnt? NO, not legal. Bought back and given back to dealer?? Never heard of it. Call a local attorney for a consultation. Smells fishy to me.
Is it legal to? NoIs it possible to? NoThe finance company does not have possession of the vehicle so can do nothing with the paperwork on that vehicle until the do secure possess of it.
Yes, the loan is not paid in full if there are unpaid lates fees
YES,its legal in every state.
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If you had a dispute with a auto finance company that had put down that you had made a payment on a certain day and you and your bank no that you didnt but the finance company is trying to say that you did is it legal for this kind of stuff to be done?
YES,its still their car. You should have had it towed away 3 months after filing. NO, you cant charge them storage.
It's highly unlikely, as it simply wouldn't be worth it. They can threaten legal action and damage your credit record though.
Absolutely. The finance agreement that you sign when you purchase a vehicle states that you agree to carry full coverage on the vehicle and to list them as the leinholder. By them being listed as leinholder they get notified of any cancellations, late notices, and renewals on the policy. It also gives them some special rights such as a 20 day notice before cancellation instead of 10 days. You pay for the extra 10 days notice. The finance agreement also states the maximum deductible that you can have on the policy. Remember that the finance agreement is a legal contract. if you break any part of the legal contract they have the right to repossess the collateral (the vehicle). The agreement also states that you are responsible for a repossession fee in order to get the car back. There is probably storage fees involved as well.
Yes. The lienholder is the rightful, legal owner of the vehicle, and can take possession of that vehicle anywhere.
The car company has to provide all the necessary notices before it can repossess a car. Also, the company has to follow the proper procedure, and avoid any actions that harass the car owner.
You need to take the release form and the title to the DMV. They will issue you a new title without the finance company on it. They will NOT do this until / unless you have the signed title and a release from the finance company / legal owner. The process costs only a few dollars.