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Auto Loans and Financing
Repossession
Liens

What is the procedure to legally take a car due to non payment as the lien holder?

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Wiki User
2004-09-21 16:15:27
2004-09-21 16:15:27

The answer varies by state.

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If you are making a payment, whoever you are making the payment to holds a lien on the vehicle, unless the vehicle was purchased on an unsecure note (not likely). Some states will issue you a title even though there is a lien holder on the title, some require that the lien holder holds the title until the not is paid in full. Look at the title, itf the lien holder section is filled out, that is who holds the lien, they can have the car repoed. there is no lien holder on the title it is clear the car lot is in the sellers area

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CONTACT YOUR LIEN HOLDER AND MAKE THE PAYMENT ARANGMENTS / CONDITIONS AND TERMS. DEPENDING THE LIEN HOLDER YOU MAY BE SUPRISED ON HOW EASY THEY CAN BE TO WORK WITH.

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You resolve the lien through payment or release. Only the lien holder can remove it without a court order.

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An assignee of a lien is the new lien holder.

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Not normally ... there must be some reason for this action on the part of the lien holder. If just one payment is missed, or just one day late, the lien holder could claim 'breach of contract' and demand return of the vehicle. I would be asking a high ranking official of this lien holder this very question ...


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