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Who ever is holding the title as collateral for a loan. The bank or finance company typically.

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15y ago

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Can a lienholder legally repossess your car if you fail to make payments?

Yes, a lienholder can legally repossess your car if you fail to make payments as agreed upon in the loan agreement.


Can your car be repossessed from the towing lot that towes your wrecked vehicle?

If there's a lienholder on that vehicle, yes, that lienholder can repossess it.


When the tow truck driver backed into your backyard with out your consent was he trespassing to repo my car?

Nope. It's not your car - it's the lienholder's car. And the law permits the lienholder to recover their property when the conditions of the lien are not met.


Can a lienholder report a car stolen in Georgia?

Simple answer? sure.


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If "you" are the lienholder then yes. If you're not the lienholder or their authorized agent (e.g. a repo man working for them), then no.


Can a car that's repossessed be entered by towing company without authorization?

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.


Who does insurance company write check to from stolen car?

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Can a dealership repossess your car if they are not the lien holder?

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My car has been reposed in the BX NYC - what must I do to get it back?

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Is there a time limit in which a car can be repossessed?

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