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You have to provide proof that you don't have a vehicle or just give them the one you have.
Another View: While you may be the "possesor" of the motor vehicle, if it has a lien against it you do not "own" in fact. Since you do not own it, you cannot dispose of it without the true owners (the creditor) permission. You are held responsible for having possession of the vehicle and knowledge of its whereabouts or the creditor has the option of filing a civil suit against you equal to the value of the unpaid loan, OR - reporting to law enforcement that have stolen the vehicle from its lawful owner and converted it to your own use.
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Do you have to have insurance to repossess a vehicle in South Carolina?
No, you dont even need keys to repossess a car in South Carolina
Can a cosigner coowner repossess a vehicle if the primary has not defaulted payment on the loan?
A cosigner or coowner cannot repossess a vehicle. That is something the leinholder does.
When can the creditors repossess your vehicle?
When you don't pay for it.
How long does a creditor have until they repossess a vehicle?
A creditor can repossess a vehicle at any time after a default(late payment, lack of insurance, etc.) occurs on the contract.
Do you need a license to repossess a vehicle in California?
Yes.
If you are in repossession status and are making efforts to pay on your late payments can they still repossess your vehicle?
Once the loan is in default the bank has the right to refuse payment and repossess the vehicle.
What do you need to repossess a vehicle in Nevada?
You have to posses the title on the vehicle and the documentation that there is a default in payments.
If a car that is being repossessed is at a residence of someone else and a vehicle is behind the car to be repossessed can they move it lawfully?
No. Absolutely not. If they enter a vehicle they do not have an order of repossession on, they've committed a crime. They may enter the vehicle they are there to repossess, and only the vehicle they are there to repossess.
What is Texas law on repose can they repossess from me because i was rude being rude?
They are not going to repossess a vehicle because you were rude. They can however repossess it if you miss just one payment.
Can they repossess a vehicle anywhere other than your home?
YES.
Can you repossess a vehicle that you sold to a friend if you have a written contract for the sale of the vehicle?
yes, you are in a legally binging contract if you are both over 18 years of age and are therefore able to repossess the car.
Can you legally repossess your car with a lien on the title?
That is the only way you can repossess a vehicle. Repossession comes under the UCC which grants a lienholder the right to repossess but only if they have perfected their lien by filing it on the title. One caveate is in most states the lienholder can not repossess a vehicle that is under a mechanic's lien without first paying that lien.
