Typically, the car title will show if there was a loan used to buy it, so it is already documented with the state as part of showing ownership. At that point, the owner of the car loan doesn’t have to talk to the owner of the car to repossess the car, they just need to talk to the state to transfer ownership.
It doesn’t work as well with cars.
Typically, the car title will show if there was a loan used to buy it, so it is already documented with the state as part of showing ownership. At that point, the owner of the car loan doesn’t have to talk to the owner of the car to repossess the car, they just need to talk to the state to transfer ownership.