What are the rights of a lienholder on a car title when it comes to repossion of a vehicle?
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.
You request it from the DMV of the state you have it registered in. If they haven't received notification from the lienholder, then you need to contact the lienholder and have them rectify this.
The lienholder has no liability for any damage done by the buyers vehicle.
All repossessions in the state of Wisconsin must have a valid repossession order, however police notification is not necessary. If your vehicle has been recovered by the lienholder, you may not receive the repossession notification immediately.
If there's a lienholder on that vehicle, yes, that lienholder can repossess it.
Pretty much, yes.
The order of repossession is their authorization to enter the car. If your car is being repossessed, it means there's a lien on it, and the lienholder called for the repossession to be carried out. You don't own the car - the lienholder does, until you pay off the lienholder and they relinquish the title to you. So yes, that tow company doing the repossession has every right to enter the vehicle they're repossessing.
If they are legally repossessing it, it is their truck and they can do what they want with it.
Not all states require a repossession notification to be sent. Some require only that law enforcement be notified. Some states do not even require this much. Once the vehicle is repossessed in these states that have no requirement of notification, it is assumed that you know the reason your car is not where you left it the night before. This is deemed notification enough.
It's more the same as repossessing a car.
Yes, they are the only manner of payment allowed in many states for claims payments.