Why is a motor vehicle under seizure status?
1 Answers
There are three reasons for a motor vehicle's seizure status: 1. Installment payment vehicles: The owner defaults on bank payments, the bank applies to the court for debt recovery, and the court issues a seizure notice to the vehicle management office, prohibiting all services including inspections. 2. Fully paid vehicles: The owner owes debts, and creditors apply to the court to first impound and seize the vehicle, then determine ownership through judgment. 3. Vehicles purchased with illicit funds or used in crimes: Criminals use the vehicle for illegal activities or purchase it with illegal proceeds. The public security bureau seizes the vehicle to recover it, prohibiting inspections, transfers, and other services. Relevant information about vehicle seizure is as follows: 1. Introduction one: Vehicle seizure is a compulsory measure taken by relevant authorities in accordance with the law because the owner violates administrative regulations or is suspected of criminal activities. 2. Introduction two: Although the vehicle is seized, its qualification to be driven on the road is not revoked. The vehicle still meets roadworthiness standards and can be used normally.