Under what circumstances will a vehicle be shown as seized?
1 Answers
Unpaid bank loans, owner's debts, incomplete procedures. A vehicle will be seized under the following circumstances: 1. Unpaid bank loans: For vehicles purchased through installment payments, if the bank loans are in arrears, the bank may apply to the court for debt collection, and the court will then issue a seizure notice to the vehicle management office, prohibiting all vehicle-related services such as inspections. 2. Owner's debts: If the vehicle owner has debt issues, creditors may apply to the court to seize and preserve the debtor's vehicle, pending further judgment on ownership. 3. Incomplete procedures: If there are incomplete procedures during the vehicle registration process, making it impossible for the vehicle management office to contact the owner, the vehicle may be temporarily locked.