What to Do If the Mortgaged Vehicle Is Taken Away by the Owner?
1 Answers
You can report to the police or file a lawsuit to protect your legal rights. The creditor has the right to transfer the debt, and the affiliated vehicle and its usage rights can be legally transferred together. Therefore, purchasing a legally mortgaged vehicle is protected by law. The owner does not have ownership of the vehicle. Taking the vehicle away without authorization may violate the Contract Law and Property Law. In such cases, you can file a lawsuit in court. If the vehicle was obtained through legally protected means and purchased at a corresponding price, the creditor is already the rightful owner, and the original owner has no grounds to reclaim the vehicle.