can a lienholder take your vehicle without informing the police

10

Asked by Apr 15, 2017 at 08:02 PM

Question type: General

5 Answers

75,475

If you are way behind in the payments then the car can be repossessed without law enforcement contact.

2 people found this helpful.
94,685

They sure can...

1 people found this helpful.
10

if it was only 10 days late would it be possible

1 people found this helpful.
86,415

Depends on the terms and conditions of the financial agreement you signed. Ten days, ten minutes, whatever the contract says. The tow truck driver would have documentation proving that he has a legal right to take the vehicle on behalf of the lienholder. Just in case you called the police and reported it "stolen". HTH. -Jim

75,475

My guess is that you have a loan with one of the buy it here borrow here car lots. They don't give much grace period for delinquent loans and have been know to act rather quickly. Always notify a lender if a payment is going to be even 1 day late.

1 people found this helpful.

Your Answer:

Shortcuts

General Experts

  • #1
    COMETGUY61
    Reputation
    44,490
  • #2
    F_O_R
    Reputation
    37,540
  • #3
    tennisshoes
    Reputation
    20,950
View All

Content submitted by Users is not endorsed by CarGurus, does not express the opinions of CarGurus, and should not be considered reviewed, screened, or approved by CarGurus. Please refer to CarGurus Terms of Use. Content will be removed if CarGurus becomes aware that it violates our policies.