QUESTION
Can you sell a car that you still owe the lender without title and might be up to repossession?
Asked on Oct 02nd, 2012 on Bankruptcy - Florida
3 ANSWERS
General Practice Attorney serving Crystal Lake, IL
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Bruning & Associates, P.C.
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The answer to your question is: no.
Answered on Oct 07th, 2012 at 11:55 PM
Nothing would stop you from selling the vehicle, but the purchaser would not be able to get the title until the loan was paid. Under those circumstances, the purchaser might not want to proceed, or might want to pay off the loan before handing over any money to you.
Answered on Oct 04th, 2012 at 4:04 PM
Criminal Defense Attorney serving Deltona, FL
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R. Jason de Groot, P.A.
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No, you cannot sell a car without paying the lien, and without having the title.
Answered on Oct 04th, 2012 at 3:44 PM