Repossesion of Car with Lien
My question involves an auto loan or repossession in the State of: FL
I sold a car to a person who never finished making payments. I placed a lien on the car and hold the title of the car. They were able to register it under their name. They have been sent numeroud letters. This is in Miami-Dade.
What can I do to get the car back. I tried a reposession company but when they tried to take the car, the cops showed up and said not to take the car???
Please help! No one seems to know the anwser here!
Re: Repossesion of Car with Lien
Quote:
Quoting
kkschwarz
My question involves an auto loan or repossession in the State of: FL
I sold a car to a person who never finished making payments. I placed a lien on the car and hold the title of the car. They were able to register it under their name. They have been sent numeroud letters. This is in Miami-Dade.
What can I do to get the car back. I tried a reposession company but when they tried to take the car, the cops showed up and said not to take the car???
Please help! No one seems to know the anwser here!
If you are listed on the title as lien holder you have every right to repo the car if any item in your security agreement is in violation.
I can not understand why any police agency would tell you otherwise. Someting does not sound right.
Re: Repossesion of Car with Lien
i got a question on a repossion law anyone help me on how to post a new thread?