If a mechanic has a mechanics lien on your car will this prevent the finance company from repossessing your car or prevent you from voluntarily having car repossessed?

Cars & Vehicles
Auto Loans and Financing
Repossession

No, what will happen is this: the finance company will pay off the mechanics lien (usually) and tack that on your loan balance, it would be considered a repo fee.

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Related question

If you are a senior and thinking about having your car voluntarily repossessed and your daughter would then give you her car as a gift will the finance company have any rights to the second car?

No. As Stated They Would Have To Have A Lien On The Gift(Car) They Can Seek Judgement For Balance On Debt. The Car Is Yours They Have No Control Over Any Gifts You Recieve. GOD BLESS

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Can another debtor seize my car if the finance company still has a lien on it?

State laws vary, but if there is a mechanics lien on your car, or your car is impounded by law enforcement because of drug possession, the answer is yes, yes they can.Typically law enforcement will not impound and auction a car that has a lien on it for the value of, or more than the car is worth...

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When will the finance company pick up your car you voluntarily reposessed?

Whenever they get around to it is about as much of an answer as can be given. It'll depend on what sort of workload the repossessor has on their hands - involuntary repos tend to have higher priority, as they figure someone who seeks a voluntary repo isn't likely to flee or try hiding the vehicle.

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If you stop making payments on your car and move will the repo man or finance company find you?

finding people who dont want to be found is the repomans job. MOST of them are VERY good at it too. good Luck on hiding the car. Remember, cars dont just fall off the face of the earth. Someone knows where they are.And usually will tell if the price is right.try stoptherepoman.com, I found it and...

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How can you find out if your mechanic filed a mechanics lien on your car?

Ask him.In Alberta Canada a registries office can look it up for a small fee.In other jurisdictions the procedure is similar.

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Can you purchase a car that has been voluntarily repossessed by someone from the bank?

Of course, at whatever the value of the proerty is...although they frequently have contracted with someone to handle selling all of the vehicles that they have to repossess, so they may refer you to them. And, frequently, the property has been sold very quickly (brought to auction) after they gai...

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Can a finance company put a lien on your house if you do not pay your car note in Arizona?

I don't know, But when you made the deal with the finance company to buy a car they would/should be holding the title to the car until the loan is paid off. One way to figure this out is do you currently have the title in your passion? (make sure) If you do have the title that would mean that you...

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Do you call the finance company or just take the car to the dealer if you want to do a voluntary repossession and do you need to inform the finance company you're taking it back or will the dealer?

call the finance company and tell them that you want to do a voluntary repossession and they will take it from there.

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Can a finance company repossess your car if your license is suspended?

They won't repossess it for your license being suspended, but they can repossess it when you fail to make payments, regardless of what the current status of your license is.

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When your car is repossessed will the finance company generally allow you to make payment arrangements on the deficiency or demand payment in full?

make payment arrangements on the deficiency???? IF you mean the amount you're in DEFAULT on, NO If you mean the amount due AFTER they sell it, USUALLY NOT. Why?? You couldn't pay notes on a car you could drive, so why would they think you will pay on a car you DONT HAVE??? NO lender WANTS to repo...

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If your car was repossessed is there a law stating how much a finance company can sue you for after it has sold the car?

Sure is, they can get a judgment for the balance due on the loan minus what the car sold for PLUS any fees incurred(repo,attorney,auction,ect.) It should be in the contract you signed.

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If your car was repossessed voluntarily sold in auction for over 5000 dollars why would the finance company still want an amount over 10 thousand dollars?

OK, you signed a contract agreeing to pay ABC lender "X" dollars per month for "X" months. That = "XXXXX.00" dollars.Lets say $20000.00 for even numbers. You paid them 3000.00, the car sold for 6000.00. That's $9000.00 that has been applied to that account. But that leaves $11000.00 still due on ...

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Will you have to pay the lien company the rest?

if u sold the car yes,if you totaled it the insurance should pay it off providing you had full coverage and not at fault

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Do you have to pay the finance company if the tow people sell your car?

Yes, the loan from your finance company is a legally binding contract between you and them. You are solely responsible for the fulfillment of that loan.

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Can i repossess a car if have a lien on the tile?

If you are the lien holder, yes.

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If you cannot pay loan on RV should you voluntarily turn the RV in to the lien holderor let the RV be repossessed?

It would look better on your record (For future loans) if you turned in the RV voluntarily.

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If a dealership assigns a car to a finance company and the finance company says you don't owe them can the dealer repossess?

If the finance company has been paid in full, then why would the dealership (or the finance company) want to repossess your car?If the loan hasn't been repaid and is long overdue, then the dealer and finance company will probably decide who actually repossesses the car. Either way, it's up to the...

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If you buy a car with a lien on it will the lien come off?

NO! BANK LIEN-PAY IT OFF.MECHANICS LIEN-PAY IT OFF.autolienservice.com

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What are your rights if you had a car repossessed 10 years ago and a creditor is calling on behalf of the finance company asking for money?

Each state has a statutes of limitations on loans. Check the following site for your state. http://www.creditinfocenter.com/rebuild/statuteLimitations.shtml Please know that the clock starts ticking on the date of the last activity on the account-- which should be the date the car was sold or auc...

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When a car is voluntarily reposessed will the finance company normally allow the difference to be paid in installments or expect it all at once?

They want it all at once. The judgment they will get will be for ALL of it. VERY few people pay notes on cars/trucks they DONT have.DO NOT give them a written or spoken agreement that you will pay anything. You should always find out what your rights are first. (And they will not offer that up to...

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Can a finance company repo your car if you are current on payments?

No...if you are completely current...and have nothing owing from previous months..again no.

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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.

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What will happen if a car has no motor or transmission when it is repossessed?

You are kidding rite?? You took a bad motor and tranny out just so you could look at the empty space?? LOL Did you think of this clever ruse all by yourself??? It doesnt matter, the lender will charge you for whatever is missing at RETAIL prices. You will pay for it.

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If you hide your car from being repossessed will you get in trouble?

Yes, make your payments or contact the lender and work something out. They do not want to repo your car. They loose, and you loose big time. Talk to them. Not with the police it is a civil matter between you and the lender.

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How do you know if your car has been stolen or repossessed?

In Illinois, we are required to report repossessions immediately to the police. In some cities, the police want to know BEFORE we repossess. So when you call your local P.D. to report your car stolen, they can let you know if the car has been repossessed.

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If you give a car back to your finance company are you responsible for negative equity on the car?

Yes - unfortunately you didnt borrow a car, you borrowed money. Your car has depreciated faster than you have paid off your loan it is your responsibility to pay the rest not the finance companies.

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Can a finance company threaten to have you arrested if the car is not returned?

If you are hiding the vehicle or continuing to use a vehicle that is no longer yours, you can be arrested for theft or fraud. Most lending institutions just repo the car, but if they have reason to believe that you're keeping their property from you they can go after you in criminal court.

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If you have a repossession on your car how can you get a car loan?

You can get a car loan, but will have to put down a very hefty down payment - sometimes as much as 50% of the value of the car. Small finance companies are more likely to help you out with that, but will charge you the maximum allowable finance charge (usually 29%).

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How long does a finance company have to repossess a car?

Myth #1 – Car finance companies have to wait until you are at least 3 months behind on your payments before they can repossess your car.Truth – Car finance companies have the legal right to repossess your vehicle even if you are just one day late paying your bill.

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How do you obtain your new car title after it has been fully paid for and the lien released by the finance company?

The lien holder should send you a lean clearance letter. You can take the waiting clearance letter and the title to the motor vehicle department and apply for a clear title.

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Can creditors force you to sell your car if they have a lien on it?

No, they cannot. But if you borrowed money to buy the car, they can repossess it if you do not square things up. If they take it, they can sell it for you, and you will still owe the difference between what it sold for and what you had left to pay on it.

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Can a finance company refuse to accept a payment and then repossess your car?

Unfortunately, yes they can repossess your car. They have the right to take it at any point that you do not make a full payment on or before the indicated pay day. The only exception is if you have a written agreement that states you have a grace period.Otherwise there is nothing you can do about...

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Can a towing company put a lien on your car?

The maximum lien amount a towing, recovery, repair or storage facility owner can request for reasonable charges is $500.Whether you are able to obtain the vehicle owner and lienholder information or not, you must advertise the sale in a public place according to the guidelines listed on the VSA 41.

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Can a repossession still be reported to your credit if the company has since sold the car?

Yes, because reguardless of what the company did after they took back the car, the fact still remains that it was repossesed.

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You still have finance on your car but like a new car how can you do this?

The amount you owe on your old car is added to the loan on the new car,and that finance company is suppose to pay off your old loan.

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When cars are repossessed where does the finance company have them taken?

They usually take them to auction after a brief storage period either at the collection agencies or lending institutions yard.

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

No. The lienholder is the only entity with a right to repossess.

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Can your car be repossessed if there is not a lien on your car you were not behind on your payments?

If you have no lien on your vehicle then no one has a legal right to repossess it. If you're not behind on the payments there would be no reason for the lender to reprocess the car in the first place. It is hard to believe you have a loan on a car without a lien. The car stands behind the loan. I...

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If your husband is being stationed in Japan and you can't take your car can you get out of the financing or do you have to have your car repossessed?

You need to contact your husbands CO and/or base JAG for better advice. There ARE solutions for the problem and they can help you utilize them more effectivly than I. Do that BEFORE you do anything else.

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Can a lien on your car be enforce if company sold debt?

i have been repoing cars for ten plus years ,and yes they buy the rights along with the debt

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How do you know if a car has a lien?

You can check the status of the lien online at the DMV website.You must enter the VIN, model year and make of the vehicle to check the status of the lien.if you are the vehicle owner, contact the dealer or contact the lienholder.

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If you have paid a payment and the finance company accepted it but still sent the repo man for your car can you get your last payment back?

NO, you owed it, you sent it in and its gone now. sorri

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How do you find out if your car was stolen or repossessed on the internet?

I have no idea how you find out on the internet. Here in NY, a repo man must, by law, immediately stop at a police dept. or sheriff's office and notify them of the repossession. The law enforcement agency then enters the repo. into the computer so it cannot be entered as stolen. I guess what I wo...

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Do you have to disclose where the car is located to the finance company in order to allow them to repossess your car?

No, you don't have to tell them. Try to make up the payments though.If the lender gets a court order, a "writ of replevin," then you have to tell the sheriff's officer where the car is when he comes to the door.

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How to check if car has a lien on it?

Look at the title. Liens are listed on the title.

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How do you prevent birds from pooping on your car?

I was told that birds often attack their own reflection (leaving traces of poop behind) and that placing opaque shower caps over the side-view mirrors may eliminate some reflective surface.You could also build a garage or car port. That would keep the snow and ice off as well.

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What happens if you give your car back to the finance company?

You are unable to make the loan payments, so the lender is taking the vehicle back.It will be sold to recoup as much of the debt you owe as possible.If there is still a balance remaining after the sale and you don't pay it, it could be turned over to a collection agency.

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Will you have to get new pads if your car has a brake imbalance?

Possibly. The brake imbalance could be caused by other reasons, however.

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If your car has been repossessed is any way to get your personal belongings from it or should you consider them gone too?

NO, you PP should be returned. Call the LENDER and tell them you need to get your PP from the car. they should put you in touch with the repo co. so you can do so.

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If your coolant is low will this stop your car from starting?

No, but if it starts to over heat, for an extended period of time it will cause engine damage. go grab some coolant, its not to expensive or hard to fill.

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When a car is repossessed voluntarily will the lender still try to go after the cosigner first to collect the rest of what is owed on the car?

Its NOT a matter of first or second, its who has the most assets that can pay. If the buyer doesnt pay, they will be on the cosignors steps the next morning. Vol or Invol, they want their money.

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How do you put a car under your name if it has lien holder?

The lien holder from the previous owner needs to sign off on the sale before you can change the title. If you buy the car, but still owe money on it, you can get the title in your name with the previous owner as lienholder.

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What happens if a finance company refuses to repossess your car but you haven't made a payment in over 6 months?

It seems there might not be much market for cars such as yours(junky, clunky, ragged out, motor blown?) so the finance co. decided to let you keep it. It's not worth repoing for what it will bring. BUT, that doesnt effect their ability to SUE you, get a judgment and/or garnish your wages, OR any ...

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What happens if you buy a car that has a lien on it?

A lien lasts as long as a car has an outstanding balance on it, so if you purchase a car with a lien on it, you must pay it out in full.After the balance is paid off, you have to contact the lien holder, who will then clear the title.Furthermore, the car cannot be bought unless the lien holder ge...

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How can you protect your house or car from a lien holder?

The person has a lien because they have a legal financial interest in the property.That makes 'protecting' the property very difficult without either purchasing their interest from them or having their interest removed through bankruptcy.

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How long after a missed car payment does the finance company repossess the vehicle?

The question is, "Why would you worry about a missed payment when you have interest in the vehicle?" The money that you used as your down payment and any payments you have made total your interest in the vehicle. Why are people running from the repo man when in fact you can place the finance comp...

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Can you give your car back to the finance company?

Returning the Car to the Dealer “Keep in mind you have a legal obligation to pay the terms of the loan and the car dealer is typically not the finance company who holds the loan (unless they are 'buy here pay here').Either way you cannot simply 'give back' the vehicle to a dealer and walk away.”

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What happens when you file a lien release on car if others have a lien against you?

Your question makes no sense. There is no lien on you but only on your vehicle. You do not file a lien release unless you have a "release of lien" issued by the financial institution which you borrowed money from against that vehicle. If there is a second lien "mechanics lien, tax lien, etc." tha...

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What happens if you have not paid your car payment in over a year and no one has repossessed it?

This just means they have not found it yet. They can pick it up and, they can take you to court and you will have to pay the amount owed plus court fees and fines for hiding the vehicle. If that's the case.

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If you can't afford car payments anymore will they put a lien your my house?

Don't think so , unless you used your house for collateral when you bought the car. Generally they will repo (take it) it and you may be responsible for the remaining balance that is owed.

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If you voluntarily turn in a car that's has never reported on your credit file can they file it against you once you turn it in?

I am no attorney and laws on this subject differ widely from state to state. However, from personal experience I can tell you that, in general they can and they will. Some states do not allow a company to actually PHYSICALLY repossess your vehicle, but they won't tell you that when they 'come to ...

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If your car was just repossessed will they let you get it back if you have the money and how long will it take to get it back?

get it back?? prolly, depends on your payment record,ect. They really dont want the car, they want the MONEY. How long?? a day or two

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Does having a lien on your car affect your insurance?

If you have a lien on your vehicle, it will affect car insurance costs.Lienholders have a stake in your car if they are financing the vehicle.They want to protect their investment, even if you do not.The lienholder is likely to require you to carry full coverage car insurance on the vehicle for p...

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In Georgia Can a repossession company remove your car from your locked garage if the car was a gift and not in your name?

A repossession agency cannot enter a garage locked or otherwise to recover a vehicle unless the agent has a replevin (court) order to seize the vehicle. Additionally, a vehicle cannot be gifted in the usual sense, to another person unless there is a clear title, meaning the vehicle has been paid ...

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If a car has a lien on it and is in a shop and been repaired can you go to the owner of shop and repossess even if the repair bill has not been paid?

NO. The repair shop has a lien also. Pay the bill.

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Can you give your car back if its on finance?

Yes.If you've already repaid more than 50 per cent of your Personal Contract Purchase (PCP) or Hire Purchase (HP) finance you can return your car through what's called a Voluntary Termination agreement.There are, however, a few other ways to end your finance early…

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How ti find out if there is a mechanic lien on car in kansas?

Go to a lien search agency, they are everywhere.

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Can you sell your car what you have on finance?

Not if it is on hire purchace. If you bought it with a personal loan yes you can.

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What is your liability of a car that has been repossessed from you but the tow company is driving it around town?

unless your going to come up with the money to get it back,who cares,its not your problem any more (:

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How do you find out who has the lien on your car?

Call your department of motor vehicles.

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Do you loose your liciense if you hide a car from repossession?

There is a possibility that you licenses could be suspended. If you are hiding the car from repossession, you technically are stealing the car. The finance company can contact DMV and have the registration revoked and report it as stolen. Give the car back. Nothing good ever came out of hiding on...

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Can finance company take personal possessions if you owe on a car repo?

I believe what you may be referring to is a conversion of collateral.Say for instance your 2011 Tesla Roadster is repossessed and sold at auction, but you still owe in excess of $100,000. The lender wants that money. So, they take you to court and obtain a judgment, but you still refuse to pay. T...

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How long does the bank have to come after you after your car has been repossessed?

Does the bank have your current address and/or phone number? They will be calling on you.

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Can a loan company reposses my car they do not have the transfer of lien on?

If that loan company loaned you money and you used the car as collateral and failed to make payments on time, they can, and will repossess the car.

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You want to buy a used car from a dealer but car has lien on it what should you do?

I would be very leery to purchase anything from anybody while there's still a lien attached. As you probably know, this entitles the lien holder their right to however much was loaned against the vehicle, which must be cleared at the time of title transfer. The dealer should have taken care of th...

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How do you find out if the owner still owe a finance company on the car you are buying?

how do you find out if the owner still owe a finance company on the car you are buying?

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How can you find out who has a lien on your car?

Take it to where you got it from and then you ask them this question "Who owns my car?" It sounds like I am 2 years old, but it does work just saying

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If your car was repossessed today but you are willing to pay off the remaining balance do you have a good chance of getting the car back?

Call the lender first thing in the morning and make the arrangments to payoff.

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You bought a car and you have the bill of sale for 1k but the seller has a lien against it for 15k can the lien holder repo the car even if you have the bill of sale?

Yes. The person you bought it from should have given you a clean bill-of-sale. Take all your personal stuff out of it, as it will soon and legally be gone.

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How long does a finance company have to repo your car before you can claim it as yours?

Call a local attorney for state specific advice.

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If your transmission was damaged during the towing of your repossessed vehicle which you recovered can you get the towing company or lender to pay for the damages?

Probably not. The risk was yours since towing was the logical next step for failing to meet the requirements of the loan. It was your failure to meet the requirements of the loan which led to the vehicle being repossessed which subsequently caused the vehicle to be towed. All the towing company n...

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Will your car overheat if you have a cracked head?

Yes! if you have a cracked head chances are your oil and coolant are mixing together and coolant and or oil is leaking out causing the vehicle to overheat... if you have a cracked head fix it! do not drive the vehicle

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What will your car do if you have a blowout?

Assuming a tire blowout, it depends on the vehicle and rate of travel.Generally speaking the front end will spin in the direction of the blowout if on the front, if on the back it's rarer to spin but the car will want to drift in that direction. However if you do lose control on a back blowout it...

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Don't you have to be delinquent by a certain amount on car payments before your car can be repossessed and what rights do you have to prevent a repossession?

If you have made no effort to contact any institution you owe money to and you have been missing payments several times, yes, they can repossess your car. That's why we sign contracts. I would meet with the Manager of the company and try to come to some agreement and then stick to your promise. M...

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Do you still owe the money for the car if they have repossessed your car?

You would owe any payments not made up until the day the car was taken. So, if you hadn't paid for two months and they took you car, you would owe those two months.The borrower would owe all back payments and penalties plus any difference in the amount of the loan and the amount for which the veh...

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Is it bad to have a lien on your car?

Debt collectors put car liens on a vehicle when they are owed money and the debtor is not making any effort to pay.A lien means that the lien-holder must be paid first if the vehicle is sold.If you owe even the slightest amount, they have the right to repossess the car and demand payment.

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Does the finance company own your car if the dealership is out of business?

If you financed your car then it is always owned by the finance company, regardless of if the dealership is in business or not, until you finish paying it off.

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Will a hole in your car's muffler prevent it from starting?

No. But if it is a big hole it will be very loud, and in most states you can get a ticket for excessive noise.

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Does a finance co have the right to repo your vehicle from a police impound yard even if your current on the loan?

The answer to your question depends on the terms of your loan and the state that you live in.Your loan contract will (or should) specify under what circumstances the vehicle can be repossessed. For example, even though your loan is current, the contract could say something like, "If the borrower ...

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A JVC car stereo has an Aux port on the front Can you plug an Mp3 or Ipod into this to play music you download from the computer?

Yep. Just get the proper cable and jam on!

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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...

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If a person voluntarily repos his car will the collection calls stop?

NOPE, the LENDER stops the calls IF and WHEN they decide as long as the law allows.

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How can you find the title to your car if the finance company went out of business?

You Can Get A Copy Through Your Clerks Office. They Will Have It Mailed To You. Cost About Five Bucks.

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Will a dealer buy your car from you even if you don't purchase another from them?

Absolutely... IF they want your cars on their lot. Dont bring a jeep Cherokee to a Mercedes dealer for example.

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If you have a choice should your repossessed vehicle be sold at a private or public auction?

Dealers pay low(wholesale) prices at a public auction, private might be better. A lot depends on the car and the markey for it in your area.

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can a car company repossess your car if they were not available for 6 months?

If you mean that you haven't paid them in 6 months then YES, they can re-possess. -You should have sent dated checks or made bank payments somehow whether or not they were "available". You may be able to negotiate your way out if you make a substantial payment right now.

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How do you finance a new car if you still owe on your present car loan?

You need to pay off the present loan. Most people do that by adding the balance on to their new car loan, getting deeper and deeper into debt.

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If your car's repossessed and they take it to an auction do you have to pay anything and how long will it be on your credit?

You dont HAVE to pay anything. You may not get credit in the future because you dont pay. It will be on your CR usually for 7 years. Depending on where you live, if the lender gets a judgement, they could garnishee your wages.

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Can the car company that repossessed the car keep you from leaving the property?

You're talking about the repossession agent, not the car company or dealer. And no, they have absolutely no authority to detain you. If they try this, file a police report.

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If a car is financed in Texas and repossessed in Kentucky can the lender garnish your wages in Kentucky?

If a garnishment has been ruled against you in a judgment it can be collected no matter where you are.

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