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Repossession As a Lien Holder on a Vehicle

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  • 06-03-2010, 09:10 AM
    marvande
    Repossession As a Lien Holder on a Vehicle
    My question involves personal property located in the State of: Minnesota

    I am listed as lien holder. The party and I had a verbal agreement for payments. They have not paid anyting in over six months. Vehicle should have been paid off 2 years ago this month. Can I reposess the vehicle and re-sell it?
  • 06-05-2010, 10:32 AM
    Mr. Knowitall
    Re: Repossession As a Lien Holder on a Vehicle
    How much do they owe?

    Repossession is a pain in the keester. It may be better to get a small claims judgment and to try to collect the cash.
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