Wiki User
∙ 9y agoThe vehicle can be repossessed.
Wiki User
∙ 9y agoIt's still your car as long as you pay for it. You are expected to pay impound to get it back.......................but they have the title
you get your items taken away and may have to enter civil litigation for the bank to reclaim the remaining amount if any
no you need the tittle
I doubt that the title is still valid; but check with your lender before you make loan payments and make sure. They should be holding title in your name with a lien.
The loan must be paid off and you must sign the title over in order to get the title and loan out of your name and responsibility.The loan must be paid off and you must sign the title over in order to get the title and loan out of your name and responsibility.The loan must be paid off and you must sign the title over in order to get the title and loan out of your name and responsibility.The loan must be paid off and you must sign the title over in order to get the title and loan out of your name and responsibility.
No.
Jazzy, they are the same as for other repos. Dont breach the peace and dont get caught.
Don't pay him until the title is in your hands. Also, make sure your bill of sale mentions that YOU don't get the loan, and that it is still his responsibility.
No, you will not be arrested but you are still liable to pay back the loan.
yes if you are lucky enough. I guess nationwide car loan executives are very smart enough to give you car title loan even if you are having bad payday loan.
The "someone else" needs to apply for a loan to pay off your car loan. With your loan paid off, you can sign the title over showing it free & clear. Don't sign off on the title until you know the loan is paid--or you could find that you no longer own the car but still have a loan to pay.
No. The loan takes the pink slip which you don't have. The bank owns the car until you pay it off and has the pink slip.