answersLogoWhite

0

Unfortunately, it doesn't seem as though you really won a car. The lien just means that the bank has interest in the vehicle until the note is paid. Yes, they can repo the car if the not isn't paid.

User Avatar

Wiki User

19y ago

What else can I help you with?

Related Questions

Can bank put lien on your home when debt not paid?

Yes.


Can a company put a lien on your property if the debt is paid in full?

Not legally.


Can a loan company put a lien on your car if its not paid off?

If the vehicle was put as collateral for the loan, there already is a lien on it.


Can a towing company put a lien on an automobile even when the loan on the car hasn't yet been fully paid off and the bank still holds the title?

Yes.


Can a car finance company put a lien on taxes.?

I signed for someone to get a car and the person never paid it and i had to return it sobasically it was considered a repo so i got sent to collections and to court, can they put a lien on my taxes


Is there a lien against a car that I am going to buy?

If you are buying a car on payments then there will be a lien on the car. the company will release the lien once the car is paid off.


What is a legal order payment and bank fee?

It is an outstanding unpaid bill that a company has claimed a lien on your account to pay for. It may be a car repossession that has never been paid off and all other contact has been ignored and/or the payment criteria has not been met.


Who has a lien on your car?

If you took out a loan from the bank to buy your car, they have a lien on it. For all intents and purposes, they own the car until you have it paid off.


Does the bank still collect from a deceased co signers estate if the property was sold?

The bank has a lien on a mortgaged property that is not affected by a transfer of the property. The bank will go after the decedent's estate and the cosigner for payment of the mortgage. If the mortgage isn't paid the bank will take possession of the property by a foreclosure.The bank has a lien on a mortgaged property that is not affected by a transfer of the property. The bank will go after the decedent's estate and the cosigner for payment of the mortgage. If the mortgage isn't paid the bank will take possession of the property by a foreclosure.The bank has a lien on a mortgaged property that is not affected by a transfer of the property. The bank will go after the decedent's estate and the cosigner for payment of the mortgage. If the mortgage isn't paid the bank will take possession of the property by a foreclosure.The bank has a lien on a mortgaged property that is not affected by a transfer of the property. The bank will go after the decedent's estate and the cosigner for payment of the mortgage. If the mortgage isn't paid the bank will take possession of the property by a foreclosure.


How do you obtain a lien release from the Dime Savings Bank of New York for a paid auto loan?

how?


Lien release from the dime savings bank of new york for a paid auto loan?

yes


Can HOA file a lien against a bank which holds the mortgage on an abandoned property if the Covenants say that the Assoc can file a lien against a homeowner if assessments are not paid in time?

In this case, apparently, the bank is the owner. So yes, the HOA can file the lien against the bank's ownership of this unit.