What does it mean when a vehicle status shows as seized?
1 Answers
When a vehicle status shows as seized, it means the vehicle is prohibited by court order from undergoing registration, modification, transfer, mortgage release, deregistration, or pledge release due to reasons such as economic debt disputes. Below are three common scenarios of vehicle seizure: 1. Scenario 1: For vehicles purchased through installment payments, if the borrower defaults on bank payments, the bank may apply for court-ordered debt recovery. The court then issues a seizure notice to the vehicle management office, prohibiting all services including inspection. 2. Scenario 2: If the owner of a fully paid vehicle has outstanding debts, creditors may apply to the court to first impose a preservation seizure on the vehicle, followed by a judgment to determine ownership. 3. Scenario 3: If a vehicle is used in criminal activities or purchased with illicit funds, the public security bureau may seize the vehicle to recover it, prohibiting inspection, transfer, and other services.