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-   -   If you are not in default of car loan but mechanics lien on it can bank repossess it? (https://www.askmehelpdesk.com/showthread.php?t=557632)

  • Feb 24, 2011, 07:27 PM
    kelliea05
    If you are not in default of car loan but mechanics lien on it can bank repossess it?
    Can bank repo car because of mechanics lien even if you are not in default with bank
  • Feb 24, 2011, 07:58 PM
    Fr_Chuck

    What does your loan documents say about a mechanic lien?

    Normally no, as long as you pay them back, but the other lien could cause them issue, so you need to look at the terms of your loan
  • Feb 24, 2011, 09:01 PM
    AK lawyer
    Quote:

    Originally Posted by kelliea05 View Post
    can bank repo car because of mechanics lien even if you are not in default with bank

    What state is this? In most places with which I am familiar, a "mechanic's lien" has nothing to do with automobiles and people who fix them. And, of you have it, the statutory citation for this lien you are concerned with would be helpful.
  • Feb 25, 2011, 05:39 AM
    excon

    Hello k:

    The bank would NOT have a mechanics lien on your car, so one being on your car would not prompt them to repossess it. Some OTHER debtor put that lien on your car.

    excon
  • Feb 25, 2011, 08:06 AM
    AK lawyer
    Quote:

    Originally Posted by excon View Post
    ... Some OTHER debtor put that lien on your car.

    You mean "creditor".

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