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What is needed in Utah to repossess a vehicle that has been sold privately with no written contract if the title is still in your name?
Wiki User
∙ 8y ago
- 1. to avoid the hassles(possible lawsuits) next time, BETTER paperwork on your part. Contract, payment record, security lien on the car.
IF the title is in your name, you are merely taking possession of your car. How will you explain why you did it when the debtor reports it stolen? He said/you said???
If the title is still in your name, you actually have more leverage. The car is still legally yours. If you have any questions feel free to email me, I own my own repossession company.
Wiki User
∙ 8y ago
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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.
Does the lien holder have the right to repossess your car if you left on a handshake and you had no contract and it was a private lender?
Yes. If the lien is valid, a written contract is not necessary and the holder can legally repossess the vehicle in conjunction with the existing laws of the state in which the vehicle is located or in some cases where it was sold.
Can you repossess a car if you do not have a written contract on it but you are a lienholder and you have the title with your name listed as lienholder?
If you don't have a "contract", you aren't a leinholder. A lienholder must have a contract and have filed the notice with the county recorders office and the title must state you as the leinholder. If the person is named on a title as a lien holder he or she has the legal option of repossessing the vehicle as it is determined by the laws of the state where the vehicle is registered.
How do you repossess a vehicle in Texas when the purchaser has sold the car to a third party before payments were made in full and are now delinquent?
Are/were you listed on the TITLE as leinholder? Do you have a written contract listing the vehicle as collateral? If no to these two uestions, you should call a local attorney NOW.
Can you repossess a car which you sold to a friend with a written contract stating that if payments are not made as agreed car will be repossessed?
YES.
Can a private party repossess a car without a written contract?
People known as Edc's may repo a car if they are in possession of an original court order from the bank
Can you repossess a car you sold?
If you have a written contract that is signed & noterised you have a very good chance.If it was a verbal contract with witnesses that will back you up, you have a good chance.If the car is still in your name you have a good chance.If you have none of the above, it will be very difficult.
How do you legally repossess a car from someone late on their payments that's in lien to you but registered to them?
From my Experience All you really need is a written Contract on the said property, Dealers, Used car lots, and Banks register the property financed so it shows the lien on the title. Private sales with money owed if you have a written contract you can repossess on site. if this is an oral agreement, You will have to go through the small claims division of the county courts
Could a vehicle be repossessed without a written contract?
potentially, yes; consult a lawyer
What rights does a co buyer have to a vehicle?
The co-buyer of a vehicle has equal rights to the vehicle if there name is on the title. The co-buyers rights can be defined by a written or verbal contract.
In Pennsylvania can you repossess a car that is titled in your name if the person has made car payments but has several parking tickets that are also in your name?
It depends upon the exact wording of the title of the vehicle and if there is a written contract or a witnessed verbal agreement concerning the terms of the sale. Generally the title holder can recover a vehicle under such conditions. The best option is to obtain legal advice before taking any repossession action.
Can they come on state property and repossess your car?
When you signed the contract to buy "your" car, you are also giving written permission for an agent to enter your private property and take back the bank's car. Read before you sign!
