Submitted 249 days ago...
Lien Holders Rights
My car was impounded for 30 days by the police on 02-28-2008 for driving without a drivers license and the only way to get my car back fast was to get a drivers license before 30 days to recover it and not pay alot of money to get my car back or wait the 30days and have someone with a drivers license pick it up for me. I'm still paying of my car to County Financial Services making my payments on time every month, on 03/11/2008 i got a drivers license so i made an appointment at the police station to speak to a hearing officer and get my car back on 03/13/2008 i spoke to the hearing officer he said it was ok for me to get my car back to give the officer the information of my car when i gave him that information he said my car had already been picked up by my financial company on 03/04/2008. The financial company never called to say they had my car or anything like that until i found out at the police station i called them to see what i had to do to get it back and they wouldn't give me any information of were they had my car or how i could pick it up till i send them $598.00 dollars. i paid the total of $950.00 to get my car back from the financial company when i could of paid a total of $525.00 at the police station is there anything i can do at this point i think there taking advantage of the situation. I recieved a letter today saying that if i dirent pay the fees before 03/21/2008 they would sell my car when i could of picked up my car until 03/29/2008 at the i
Answer 1 / 3
Submitted 249 days ago...
Answer 2 / 3
Submitted 248 days ago...
Answer 3 / 3
Submitted 208 days ago...
The titled owner has the right to repo the vehicle. As a purchaser you must have a legal driver's license and auto insurance on your car. Just like it would be illegal for you to loan your car to someone knowing they don't have a driver's license , it would be illegal for them to allow you to drive that car that your buying. I'm pretty sure the police contacted the lien holder the reason they were holding the car, So they didn't want to be held responsible huge impound fees so they paid the tow company and now you owe them not only for the monthly loan payment but also impound fees and they are totally with-in their rights to sell the car to recover their loss. And also they can go after you for any balance that is left over between the amount they sell the car you were buying for and any balance that is left over. Example say you owe them $1,000.00 plus $300.00 impound fees which brings the total to $1,300.00 and they auction or sell your car for $900.00 leaving a balance of $400.00 the can legally sue you for the balance. Which the judge will nearly always see in their favor and you'll have to pay them plus they can put a mark against your credit which will make it nearly impossible to get another loan.
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