What does the seizure status of a sedan mean?

[McRowan]

There are three situations for the seizure of a sedan: 1. For installment payment vehicles, if the bank payments are in arrears, the bank applies to the court for debt collection, and the court issues a seizure notice to the vehicle management office, prohibiting all operations such as inspection. 2. For fully paid vehicles, if the owner owes debts, the creditor applies to the court to first seize and preserve the vehicle, and then determine ownership through judgment. 3. If criminals use the vehicle for crimes or purchase the vehicle with illicit money, the public security bureau will seize the vehicle to recover it, prohibiting all operations such as inspection and transfer. 4. A seized vehicle is one that is prohibited by the court from handling registration, modification, transfer, mortgage release, cancellation, or pledge release due to economic debt disputes and other reasons.