What are the laws for a personal car repossession when the buying party has defaulted and the title is still in your name?

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The laws vary by state. ALL states require that there is NO BREACH OF PEACE in a "self-help" repo. There are some states that require written notice of "right to cure" before repo can occur. Email me if you decide what state you are in. LOL
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Can a private party repossess a car if the Oklahoma title is still in his name and no maument has been made?

Looks Ok to repo in OK but call the MVD if you have any questions or stop by your local tote-the-note lot and ask them how they do it. LOL Oklahoma TITLE STATE: Yes SECURITY INTERESTS: Shown on title held by debtor. LICENSE REGISTRATION: Oklahoma Motor Vehicle Division, 2501 Lincoln Blvd., Oklahoma (MORE)

If a car has been repossessed does the person that went into default have any rights?

YES, limited they may be BUT you DO have rights. First, you should get any personal property back that was in the car at time of repo. That PP was NOT covered by the security agreement. Next, you have rights as to how the lender sells the car. It must be sold in a "commercially reasonable" manner. T (MORE)

What are the Iowa laws on repossessing a car?

Answer . Iowa\n. \nTITLE STATE: Yes\nSECURITY INTERESTS: Shown on title held by lien holder.\nLICENSE REGISTRATION: Iowa Office of Vehicle Registration, P.O. Box 9278, Des Moines, Iowa 50306. Tel:(515)237-3077.\nRECOVERY REQUIREMENT: After Twenty Day Right To Cure Letter from lien holder to debt (MORE)

When a car is repossessed in Minnesota what are the laws?

You will have to pay the balance due after the sale. A creditor who has a valid security interest in a vehicle may repossess the vehicle without notice to the debtor where the underlying debt, an installment contract, has been discharged in bankruptcy and the debtor has not reaffirmed the install (MORE)

What is the law in Washington state to get personal property out of a repossessed car?

Answer . \nthat is like pulling wisdom teeth. hard to do. is it worth it? you would have to get a court order which will cost alot of money. once thay repo a car, they usually discard the items and you are found at fault .blah bla. but if you know where the car is, go their and ask if you can be (MORE)

Where can you find NYS law on car repossession and recovery of personal property inside the vehicle?

Answer . \nBriefly, if they(the bank via repo guy) have the car its theirs until you bring your account current and they give it back but they are not entitled to your personal property or the plates.\nThe repo guy will try and charge you bogus storage fees(for your p.p.) and try to get you to si (MORE)

What are the California laws on car repossession?

I will tell you this as I AM A LICENSED REPOSSESSION AGENT. We do not have to show you or tell you anything. It is a Courtesy if we even hang out long enough to talk to you. The RA Number as mentioned above does not have to be on the Vehicle we are using unless it is an actual Repo Truck, if we are (MORE)

If your car is titled in someone else's name can you still buy insurance?

Yes, but the person who is the registered owner of the car will have to be included on the policy, unless they have their own coverage.. Answer . Yes. I was able to put insurance on my car after I got it before the title was in my name. Even with the VIN, my insurance company was able to put the c (MORE)

If someone has a car title that belongs to a person that someone paid for from a title loan place and the person didn't put his name on the lien spot so does the car still belong to him or you or who?

Answer . \nThe car belongs to the person listed as the owner on the title. Listing someone as the lien holder does not make them the owner. You can't transfer a motor vehicle when you know there's a lien on it. The lien would be reflected on the title and a prudent buyer wouldn't take title that (MORE)

Can a lienholder repossess a car if it is not in default but in the impound?

As long as you continue to make the payments, they would have no reason the instigate a repossession.. When a vehicle is financed or leased, the creditor has an interest in the vehicle and rights under the contract you signed. If you are in default of the contract either by default in payment or ot (MORE)

Will your car still be repossessed if you are late two or three payments but pay up to date after you get the default letter?

Answer . Read that letter carefully. The one that I am most familiar with clearly states that you have 20 days to make any past due payments and if they are paid you may continue with the original contract, BUT if you become delinquent again, they may exercise their rights without giving you any (MORE)

How do you obtain title to a vehicle that the bank never repossessed after you defaulted on the car loan?

You need to get a release from the bank for that title to be brought over to you free and clear. There really is no way around getting the loan paid off before you can sell the car. You may also wish to check your credit rating. They may have a mark against you that will prevent any future loans (MORE)

Can your car be repossessed if you hold the title?

Answer . Yes, if you took a loan out and used your car as collaterol, then it can be taken away. If you own the title free and clear, then it cannot be taken from you.. Answer . Only if you owe money on it or the previous owner owes money on it. If the previous owner has an outstanding debt o (MORE)

Can you still buy-lease a car after 2 cars repossession?

No. Unless you go to one of the dealers that offer a little box on the dash board that requires payment to run. Total rip off. A repossessed vehicle will stay on your credit record for 7 years. Due the recent economy no one will get you a new car loan or lease. Your best bet is save mnoney and pay c (MORE)

What are the car repossession laws in Ohio?

In the state of Ohio, your car may be repossessed if you miss one payment. Your car may be taken any time of the day or night by the repossession company. The repossession company is not allowed to keep any items that you may have left in the car. The company must inform you as to what they are goin (MORE)

What are the car repossession laws in Kentucky?

If you mean how late do you have to be to get repossessed: Usually 3 months if you are financed through a bank or credit union and 1 week if you are financed through a buy-here pay-here. The banks prefer their money. They don't want to deal with reselling a car. The buy-her pay-here's get to ke (MORE)

Can other family members still buy the car back if a car has been repossessed due to late payments and it was still in a deceased family member's name?

Answer . Should be able to as the lender really doesn't want the car. Call the lender and talk with a supervisor.\nTell them that you can give them a "certified death certificate" for the primary signer and that you want\nto make arrangements to buy the car.\n. \nWhether they will let you pay i (MORE)

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?

Answer . \nIt 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.\n. \nGenerally the title holder can recover a vehicle under such conditions.\n. \nThe best option is to obtain legal adv (MORE)

What are the laws of repossessed cars in Canada?

Cars repossessed laws in Canada a vary by provine.Whether yourcar will be repossessed depends on such factors as the province youlive in and how for behind you are with your payments.Vehiclerepossessed is negative impact on your credit rating. If you wantmore information email me atnatalsiapatterson (MORE)

Florida laws on personal property left in repossessed cars?

According to Florida law, the repo agent must inventory the entirevehicle. The inventory is to ensure that all items that were soldwith the car. They have 5 days to contact the debtor, and tell themwhere they can pick up their personal items.

What are the Ontario laws for repossessing a car?

To redeem collateral, the creditor sends a letter authorizing anemployee or person to repossess the vehicle. The VIN number, aswell as any amount owed, must be displayed on the document. Thisway, if the client wants to pay the money owed he/she can do so. Atthat time, after paying all monies owed, t (MORE)

If you defaulted on a car title loan how long does the company have to repossess it?

In the state of SC, most title loan companies will wait for 30 days. After the 30 day mark, your vehicle can be repossessed from your home, job, parking lot or even at a gas station while you are refueling. The repo company they use, will usually be very aggressive and have been known to make threat (MORE)

What is the law in Massachusetts for car repossession?

In Massachusetts if you fall behind in your car payments, your car lender can not just take your car. However, after you are 30 days past due a lender can decide to repossess your car (this can also happen if you fail to keep your car insured). A lender must send you a notice called the "Rights of (MORE)

What is the law for car repossession for a used car at a buy here pay here dealership?

It may vary by state, but car repo (snatch and run) is against the law in Louisiana. If the repo man shows up wanting you to sign some papers, and has a cop sitting close by, don't worry. By law, if you don't sign that piece of paper, they cannot take your car. (The cop and repo guy are friends, or (MORE)

Can I repossess a vehicle to a car that I signed the title to my ex during our divorce in 2008 if he still has not had the title transferred out of my name?

that would just make it easy for him to go and have the title transfered into his name after you take back possession of the vehicle and then report it stolen. which means you would be charged with grand theft auto/receiving stolen property, which is a felony. if it was stated in your divorce decree (MORE)

How do i buy a car from a person who doesn't have the title in their name?

Answer I don't think you should complete the sale, especially since you do not need the car for several months--it just doesn't sound like the guy really owns the car, or that there is something else going on in the background. The thing is, that this is a monetary transaction and not a friendship (MORE)

Can a lienholder repossess a car if you have a clean title but still owe them money?

It will depend on the lienholder. Most Credit Unions have a Cross Collateralization clause in their in-house contracts. This means that the vehicle you purchase will also be used as collateral for any and all other loans you may have with them now or in the future. SIMPLE INTEREST CONTRACTS FROM DE (MORE)

Can you legally repossess a car you sold to a friend with a contract and the title is in your name?

Absolutely, if the friend has not paid the payments that were agreed upon in the contract you can absolutely go and reposess the car, just before you do, ask yourself how good of a friend this is, maybe they are going through a hard time a need a little break from you, if you want the car back worse (MORE)

Will your name came off the car title if your car is repossessed?

Your name is probably not on the car title in the first place. When you are paying off a car loan, the title is in the name of the lender. Once the final payment has been made, then the lien is removed, a title is issued in your name and you own it outright.. Of course, if you put your cleared titl (MORE)